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General news and daily updates from the offshore market.
Reporting and curation by Westhon Media
Special: WSB Advisors’ on FPSO Marechal Duque de Caxias Project Special
The arrival of the FPSO Marechal Duque de Caxias marks a significant milestone for Brazil’s offshore oil production capabilities. This state-of-the-art floating production, storage, and offloading (FPSO) unit, chartered by Petrobras from MI
DOF Group to acquire Maersk Supply Service
By Rafael Bortoloti DOF and A.P. Moller Holding have sealed an agreement to imbed Maersk Supply Service into DOF in a mix of cash and shares in the company, consideration of approximately US$ 1,1 billion and A.P. Moller Holding to underwrit
Another vessel for Búzios 7
By Rafael Bortoloti Following the arrival of CSV Normand Maximus earlier this week, another vessel has begun mobilization from abroad to support Saipem on the Búzios 7 project. AHTS Siem Emerald, owned by Sea1, is en route from Las Palmas t
AHTS results out
Petrobras awards 11 AHTS contracts in their last tender offers-in in November 2023. Facts: one of the longest lead times for OSV awards ever seen. Nominal rates increased though still depleted when compared to 8 years ago. Vessels offered o
OSRV preliminary results
By Raphael Montes First time since 2018, the Global Day Rate (TDG) considered actual fuel cost. Previously on public opportunities Petrobras applied a virtual bonus instead. Brazilian and/or REB vessels only allowed in this opportunity, div
Normand Maximus coming to Rio de Janeiro
By Omar Darian The state-of-the-art CSV Normand Maximus has departed from Las Palmas and is en route to Rio de Janeiro. The Solstad Offshore ASA-owned vessel was chartered by Saipem and will be engaged on the Búzios 7 project, awarded to th
Up to 21 PSV’s tender: 11 confirmed
Petrobras released the partial homologation of the “Up to 21 PSVs” tender, as follopetrobws: 11 vessels are confirmed: Bram Búzios, Allie Chouest and Roger White, from Bram; Batuíra e Prion, from Wilson, Sons; Starnav Scorpius, from Starnav
WSB in new FPSO arrival
“WSB is proud to cooperate with MISC in several capacities in this project. We are working with the extremely professional team of colleagues from MISC to deliver a successful mobilization of unit” says Omar Darian, Chartering Manager at WS
Foreign tonnage on the rise
Further to our latest announcement on Bram Offshore’s foreign flagged PSV Juan C arrival, another two foreign flagged vessels have recently arrived in Brazil. Both vessels were awarded as PSV 4500 General Cargo in different Petrobras tender
Petrobras: chartering news
Newbuilding tender: Petrobras opens for all tenderers (no pre-qualification). Also, PEOTRAM only demanded upon contract commencement. Maximum of 4 vessels per bidder remains. AHTS: New tender coming still within May 2024. OSRV: New tender c
FPSO already in brazilian waters
The FPSO Atlanta arrived in Brazil this week and has already started anchoring operations in the field of the same name, in the Santos Basin. Its arrival is on schedule as planned by the company, which aims to start exploratory activities i
PSV en route to Brazil
Following the award as “PSV 4500 general cargo”, Bram’s Robert Adams is en route to Rio de Janeiro. She will commence a 1460-days firm charter with Petrobras alongside another PSV from Bram’s fleet; Juan C which has recently arrived in Braz
Enauta’s current production activities and a sneak peek into their forthcoming projects
Enauta released a summary of its operational results for April and also for the first four months of 2024. The Brazilian oil company produced almost 600 thousand barrels of oil equivalent (boe) in the month of April, an average of 20 thousa
Petrobras takes in 10 more PSVs
Petrobras is evaluating the results of their end of 2023 tender to charter up to 21 PSVs. As of now, 10 vessels qualified, including 4 under foreign flags. Bram leads with four vessels qualified, three of which are foreign-flagged. Wilson S
MODEC secures FEED for Shell project
MODEC secured a contract with Shell for the Front-End Engineering and Design (FEED) of an FPSO for the Gato do Mato block. The FPSO will be located in water depths of approximately 2.000 meters, about 250 km off the coast of Brazil. MODEC w
FPSO Atlanta on the way
Two important milestones have just been reached on the Atlanta project (Enauta) this month: the flexible risers have embarked on BBC Chartering BBC Greenland with ETA Rio de Janeiro 30th March 2024. These are the last components of the subs
Atlas floating dock arrived at Açu Port
Coming from Estaleiro Navship shipyard in Navegantes-SC, the Edison Chouest Offshore Atlas floating dock arrived this week at Açu Port, in São João da Barra-RJ. The entire transportation process was completed in about two weeks. The structu
WSB visits Asso Ventisette
On this March21st of March Proposals Manager Raphael Montes and Assistant Shipbroker Beatriz Mendes visited with Asso Marítima Navegação Ltda vessel Asso Ventisette. She is berthed alongside Empresa Brasileira de Reparos Navais S.A. RENAVE
AHTS contracts on the move
Petrobras just released a partial tender result for the AHTS opportunity (July 2023 offers received November). Albeit offers now having expired, Petrobras has only confirmed a duo from DOF/Norskan Offshore Skandi Amazonas (without ROV Lot D
Floating dock on the move
Atlas, Edison Chouest Group brand new floating dock for its port facility in Brazil, B-Port, is officially on its way to Açu, after leaving Navship shipyard in Navegantes. Last week, Atlas was towed through Itajaí Açu river to Itajaí Port,
HOS Colt in Rio
PSV HOS Colt from owners Hornbeck Offshore has recently arrived in Guanabara Bay. She will be supporting a drilling campaign for an International oil company in Brazil. With the latest addition, Hornbeck now counts with a fleet of 7 PSVs wo
PRIO: Wahoo’s update
In an event with business representatives, PRIO reinforced it’s ready to start drilling in the Wahoo field, Campos Basin. All that’s missing is the Brazilian Institute for Environment and Renewable Natural Resources approval. The expectatio
AHTS multipurpose arrives
Oceanicasub X, another AHTS acquisition for Oceanica’s fleet, has arrived in Brazil. The vessel was awarded by Petrobras in a public opportunity back in 2022 as AHTS Multipurpose for a firm duration of approx. 4 years. Besides the regular a
Explaining the Boskalis move on ALP
Shipyards are full and rates are rapidly picking up, and Boskalis sets a strategy to grow organically through acquisitions. The recent full take over of ALP Maritime makes a lot of sense. Boskalis eyes the long-distance ocean towage market,
Workshop at WSB
Wednesday 31st January. To top it all off for the first month of a promising year for the shipping industry, WSB Advisors held its first quarterly workshop of 2024, in our headquarters downtown Rio de Janeiro. WSB One, our exclusive and mos