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Last News
General news and daily updates from the offshore market.
Reporting and curation by Westhon Media
Wrist Group launches Wrist Offshore, unifying operations across three key markets
Wrist Group has launched Wrist Offshore, a new brand bringing together the operations of Strachans, Den Helder Stores and Wrist Boa Praça under a single identity focused on the offshore energy market. The move is part of the Group’s strategy to strengthen its offshore business by combining the capabilities of the three companies into a […]
Oceaneering secures Petrobras contract
A new Petrobras contract highlights the continued importance of subsea services in Brazil's offshore sector. This week, Oceaneering announced that it has been awarded a four-year contract by Petrobras to provide ROV services offshore Brazil. Operations are scheduled to begin in 2027 and will include two work-class ROV systems, specialized tooling packages, and monitoring and […]
Transpetro – Decarbonization plans
Decarbonization in shipping is becoming less about breakthrough technologies and more about combining practical solutions that can be deployed today. Transpetro’s latest initiative reflects this approach in practice. On July 2, the Petrobras subsidiary completed its first bunkering operation using B30, a marine fuel containing 30% renewable content. The operation took place at the Port […]
Vast and Petrobras: new agreement
One clause says a lot about where Brazil’s offshore logistics are heading. This week, Vast Infraestrutura and Petrobras announced a new long-term agreement for crude oil transshipment operations at the T-Oil terminal, located at the Port of Açu. The contract includes a take-or-pay clause, marking the first agreement of this type between the two companies. […]
CADE clears Subsea7–Saipem merger, but the debate goes beyond the approval
The offshore engineering market continues to consolidate, but the debate surrounding competition is far from over. Brazil's Administrative Council for Economic Defense (CADE) has approved, without restrictions, the proposed merger between Subsea7 and Saipem, removing one of the final regulatory hurdles for the creation of what will become one of the world's largest offshore engineering […]
FPSO Cidade de Niterói reaches the final chapter
After nearly 17 years producing offshore Brazil, the FPSO Cidade de Niterói MV18 has entered the final stage of its operational lifecycle. MODEC has confirmed that the vessel has arrived at a ship recycling facility in Denmark following the completion of its demobilization from the Marlim Leste Field, in Brazil’s Campos Basin. Delivered under an […]
A.P. Moller Holding's Ocean Yield Acquisition Reflects a Broader Shift in Maritime Investment
Capital is increasingly flowing toward maritime businesses capable of generating long-term contracted cash flows. As shipping enters a new investment cycle driven by fleet renewal, decarbonization and rising capital requirements, investors are placing greater value on business models that combine stable earnings with long-term visibility. A.P. Moller Holding's agreement to acquire 100% of Ocean Yield […]
SAAM Towage places order for four ASD tugboats at Belov
Chilean company SAAM Towage, one of the world’s largest port tug operators, has placed an order with Belov Shipyard, in Bahia, Brazil, for the construction of four new azimuth stern drive (ASD) tugboats. Each vessel will feature 70 tonnes of bollard pull and will be equipped with FiFi firefighting systems. The newbuilds are scheduled for […]
Brazil and Norway: A rivalry on sunday, a partnership every day
On Sunday, Brazil and Norway will meet on the football pitch. In the offshore industry, however, the relationship between the two countries has long been built on partnership. Over the years, Norway has become one of Brazil's most important offshore partners. From operators and shipowners to subsea specialists, engineering companies and classification societies, Norwegian expertise […]
ANP releases list of companies eligible for OPP4 and OPC6 licensing rounds
Brazil’s National Agency of Petroleum, Natural Gas and Biofuels (ANP) has released the list of companies with active registrations eligible to participate in the 4th Permanent Production Sharing Offer (OPP4) and the 6th Permanent Concession Offer (OPC6), both scheduled for October 7. The list includes 19 registered bidders for OPP4 and 46 companies with active […]
MODEC and Eld Energy partner to develop SOFC power generation system for FPSOs
MODEC and Eld Energy have signed a memorandum of understanding to develop a 1.2 MW solid oxide fuel cell (SOFC)-based power system integrated with carbon capture for future FPSO applications. Under the agreement, Eld Energy will lead the design, procurement and construction of the SOFC-based power system, while MODEC will develop the carbon capture facility […]
Búzios field sets new production record of 1.2 million barrels per day
Petrobras announced that the Búzios field, located in the pre-salt Santos Basin, set a new production record by reaching an average of 1.2 million barrels of oil per day on June 26, just three days after surpassing the historic milestone of 1.1 million bpd. According to the company, the increase was driven by the continued […]
Open Tenders
By Maria Eduarda Camba WSB Advisors — Open Tenders Dear All, The following offshore opportunities have received updates in recent days. Here are the latest developments monitored by WSB Advisors. What has changed? Stay informed on key offshore developments — visit wsb-one.com, our data platform trusted by leading offshore companies.
Cade approves Subsea7-Saipem merger
Brazil's Administrative Council for Economic Defense (Cade) has approved, without restrictions, the proposed merger between Subsea7 and Saipem. The transaction, which will combine Saipem and Subsea7 into one of the world's largest offshore engineering and construction groups, was reviewed for its potential impact on Brazil's subsea installation and maintenance services market. Cade concluded that the […]
Búzios field reaches record production of 1.1 million barrels per day
Brazil's Búzios pre-salt field reached a record average production of 1.1 million barrels of oil per day, surpassing the previous milestone of 1 million bpd achieved in October 2025. Operated by Petrobras in the Santos Basin, Búzios is Brazil's largest producing offshore oil field and accounts for nearly one-third of Petrobras' operated production in Brazil. […]
Brazilian Navy launches third Tamandaré-class frigate
The Brazilian Navy will hold the launching and christening ceremony of the frigate Cunha Moreira (F202) this Thursday in Itajaí. The vessel is the third of four ships being built under the Tamandaré-class frigate program, one of Brazil's largest naval shipbuilding programs. Built in Brazil by the Águas Azuis Consortium, the program combines technology transfer, […]
Petrobras and Pemex: MoU details
Following the recent signing of their Memorandum of Understanding (MoU), Petrobras and Pemex have outlined the first areas of cooperation to be evaluated under the agreement, providing greater visibility into the strategic direction of the partnership. In the exploration and production segment, the companies will assess opportunities involving mature fields, seismic reprocessing and deepwater and […]
Coming Soon: WSB Seminar – Save the date
WSB Advisors is pleased to announce the upcoming 8th edition of the WSB Advisors Seminar, our flagship event dedicated to Brazil’s offshore and maritime industries. Over the years, the seminar has established itself as a high-level forum, bringing together investors, CEOs, presidents, directors and senior executives to discuss the issues shaping the future of the […]
Open Tenders & More
By Maria Eduarda Camba Dear All, WSB is pleased to provide an update on the current long-term tenders that are open to offer. What has changed? What else is happening?
Office-Floor Rebelion: Capital Maritma
By Westhon Media Rio de Janeiro A rebelião no chão de escritório da Capital Marítima O primeiro sinal visível de uma crise de governança nem sempre é uma petição judicial. Às vezes, é um escritório vazio. Na Capital Marítima, empresa de apoio marítimo offshore recentemente criada e ligada ao Ace Defender, funcionários de terra declararam […]
Libra consortium launches offshore Power Grid study for Mero
The Libra Consortium, led by Petrobras, has signed a contract with the Electric Energy Research Center (CEPEL) to develop the Power Grid project, an initiative that will assess the feasibility of electrically interconnecting up to five FPSOs operating in the Mero Field, in Brazil’s Santos Basin pre-salt. The two-year study will evaluate the technical and […]
Transpetro signs contract for four new MR1 tankers
Transpetro has signed a US$427 million contract with Ecovix’s Rio Grande shipyard for the construction of four MR1-class tankers, each with a deadweight capacity of approximately 40,000 tons. The vessels will transport crude oil and petroleum products along the Brazilian coast as part of the company’s fleet renewal and expansion strategy. The contract stems from […]
Petrobras extends newbuild AHTS tender to July 21
Petrobras has extended the submission deadline for Opportunity No. 7004345558, covering the chartering of up to two newbuild Anchor Handling Tug Supply (AHTS) vessels with specialized technical services. Proposals are now due on July 21, 2026. The extension follows recent amendments to the tender documentation, including new requirements related to shipyard commitments and financing arrangements. […]
Wahoo reaches planned Production capacity as PRIO completes well startup production
PRIO announced the completion of the fourth and final producing well planned for the Wahoo Field development, bringing the project to its initial production configuration in Brazil's Campos Basin. With all four wells now online, Wahoo is expected to operate at its planned production capacity of approximately 40,000 barrels of oil per day, with each […]
Petrobras extends NB AHTS bid following recent amendments
Petrobras has extended the submission deadline for Opportunity No. 7004345558, covering the long-term chartering of up to two newbuild Anchor Handling Tug Supply (AHTS) vessels, together with specialized technical services. According to the latest update published on Petronect, proposals are now due on June 22, 2026. The extension follows a series of recent amendments to […]