Norwegian ocean technology company Miros has expanded its operational footprint in South America following a series of new offshore technology contracts secured across Brazil and Guyana in 2026.

The company confirmed double-digit contract wins during the year, building on momentum established in late 2025. Most of the new deployments are concentrated in Brazil, where offshore oil and gas activity has continued to grow, though Miros has also extended its operational reach into Guyanese waters as exploration and production activity accelerates there. Guyana's offshore sector has drawn sustained international investment since major discoveries were made off its coast, and companies operating in the area have increasingly sought monitoring systems capable of tracking ocean and weather conditions in real time.

The expanding footprint reflects a combination of new customer acquisitions and repeat orders from existing clients. Several operators have opted to standardise monitoring systems across their fleets rather than run different suppliers on different vessels, a shift that has benefited established providers with a track record in the region. Miros said this pattern of repeat business has been a significant driver of growth this year, alongside the addition of new operators entering both markets.

The contracts cover the deployment of real-time ocean monitoring and environmental safety systems across a range of offshore assets. Wave and ocean monitoring equipment supplied under the agreements provides hydrodynamic data used to support navigation, drilling operations and subsea construction work, where accurate readings of sea state can affect both safety and scheduling. A separate strand of the contracts involves oil spill detection technology, which uses sensor systems to identify environmental hazards at an early stage and give operators time to respond before a spill spreads.

Installation work under the new contracts spans several vessel types, including marine response vessels, offshore support vessels and drilling rigs. The breadth of asset types involved suggests the technology is being adopted not only by exploration operators but also by the wider logistics and emergency response fleet that supports offshore production.

Miros executives said the growth in the region has been driven largely by demand for real-time data to improve offshore decision-making. Operators are under pressure to reduce downtime and manage weather-related risk more precisely, and executives argued that access to continuous, accurate ocean data has become a more central part of that effort. The company did not disclose the total value of the new contracts.

To support the expanded footprint, Miros is maintaining dedicated investment in regional engineering capacity, commercial infrastructure and local partnership networks across South America. The company has framed this investment as necessary to service contracts on the ground rather than manage them remotely from Europe, a model it says allows for faster response times when equipment needs maintenance or recalibration.

Brazil remains the larger of the two markets by contract volume, reflecting the scale of its offshore industry and the number of vessels operating in its waters. State-backed and private operators alike have expanded activity off the Brazilian coast in recent years, and the resulting demand for monitoring infrastructure has grown alongside it. Guyana's market is smaller in absolute terms but has expanded quickly, mirroring the pace of offshore development in the country since the first major oil discoveries were confirmed.

Miros has operated in the ocean monitoring sector for several decades, supplying wave radar and related sensor technology to offshore energy operators internationally. Its expansion into South America forms part of a broader push into regions where offshore production is growing, as operators there seek the kind of monitoring infrastructure already established in more mature markets such as the North Sea.

The company has not indicated whether further contracts in the region are expected before the end of the year, though its recent pattern of repeat orders suggests existing clients may continue to expand their use of the technology across additional vessels.

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