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Last News
General news and daily updates from the offshore market.
Reporting and curation by Westhon Media
FPSO starts production
The FPSO Marechal Duque de Caxias started production last Wednesday (30). The unit, located in Mero 3, Libra block, in the Santos Basin, has the capacity to produce up to 180,000 boed (barrels of oil equivalent per day) and can compress up
SBM completes sale of stake in FPSO
By Rafael Bortoloti SBM has announced the completion of the sale of 13.5% of its special purpose entities related to the leasing and operation of the FPSO Sepetiba to China Merchant Financial Leasing Holding (CMFL). Despite this sale, the D
Solstad renew contracts
Solstad Offshore has announced the details of contracts for three OSVs operating in Brazil. The company also reported that the combined gross value of the contracts is approximately $53 million. The AHTSs Normand Topazio and Normand Turmali
Agreement between Wilson Sons and MSC
Wilson Sons announces the SPA (S&P Agreement) reached with SAS Shipping, fully owned subsidiary of MSC Mediterranean Shipping Company. SAS Shipping is already active in Brazil as controlling shareholder of Log-In Logística Integrada. The cl
PSVs in Brazil: an analysis
– Over the next 10 years, 75% of the PSV vessel fleet in Brazil will lose its “validity,” considering the current standard 20-year operational lifespan limit set by the major charterers – reports Pedro Pellegrini, Shipbroker Intern at WSB A
Brazil’s Energy Future: Battery Auction?
The Brazilian Ministry of Mines and Energy has launched a public consultation for a potential battery auction. This would be an important step forward in advancing storage systems in the country’s energy grid. The government intends for thi
PRIO Acquires Sinochem Petroleum
By Rafael Bortoloti PRIO has announced the signing of a contract to acquire Sinochem Petroleum Netherlands which holds a 40% stake in the Peregrino and Pitangola fields, both located in the Campos Basin. The remainder is retained by Equinor
Brava Energia concludes sale
By Rafael Bortoloti Brava Energia, established from the merger of 3R Petroleum and Enauta, has completed the sale of 20% of the Atlanta and Oliva fields to Westlawn Americas Offshore for a total of $309 million. The transaction was conclude
WSB Seminar in the press
We are proud to announce that the WSB Seminar has captured the attention of several prominent news outlets, as we bring together leaders and experts from the offshore, oil & gas, and energy sectors! The media spotlight reflects the growing
WSB Seminar: Announcing some of our panelists
We are excited to announce more distinguished panelists for the WSB Seminar: • Roberta Cox | Diretora de Políticas Brasil at GWEC• Deputada Tia Ju | 2ª Vice-Presidente da ALERJ, Presidente da CPI das Embarcações• Augusto Moutella Nepomuc
WSB visits shipyard
Raphael Montes (Proposals Manager and Partner) and Pedro Pellegrini (Intern, Market Intelligence) had the privilege of visiting shipyard Estaleiro São Miguel alongside our partners at Grupo Bravante. Bravante is now taking the helm of marin
WSB Seminar: An Exclusive and Unmissable Experience!
A unique journey at Copacabana Palace on September 25th, from 9 AM to 5 PM! WSB Advisors presents an exceptional Seminar that will transform your perspective on the offshore sector. Key Panels Include – The Future of Offshore Wind in Brazil
WSB Seminar: partnership with WTN LAK
WSB Advisors is pleased to announce WTN LAK as a key partner and supporter for the 7th edition of the WSB Seminar! This exclusive event will gather leading professionals from the offshore industry, both in the audience and among our disting
WSB Seminar: partnership with NSI
WSB Advisors is pleased to announce NSI Group as a key partner and sponsor for the 7th edition of the WSB Seminar! This exclusive event will gather leading professionals from the offshore industry, both in the audience and among our disting
New agreement for FPSO
By Rafael Bortoloti SBM Offshore has announced the acquisition of the remaining stake in MISC Group’s FPSO Espírito Santo. With this purchase, SBM will now hold 100% of the shares related to the vessel’s operations. Currently, the FPSO is c
Welcome, Brava
The mystery has been solved: 3R Petroleum and Enauta have announced the name of the new company resulting from their merger: Brava Energia. In Portuguese, the term “brava” is an adjective that connotes courage. The merger discussions began
Special WSB: Prio: incentives for overcoming
By Rafael Bortoloti Besides working in oil exploration, PRIO develops a series of social projects, changing lives of a positive way. Since April 2023, for example, the company has sponsored nine Paralympic athletes: Alana Maldonado (judo),
Brazilian Maritime Market: An Overview
By Rafael Bortoloti The Federation of Industries of the State of Rio de Janeiro has unveiled a detailed report on Brazil’s maritime market, with a special focus on Rio de Janeiro. This report is one of the key sources we use to validate inf
WSB Advisors – Staff Announcement
WSB Advisors is pleased to announce the appointment of Genesio Ramos as our New Building Lead. With an extensive background and recognized expertise in the shipbroking industry, Genesio will collaborate closely with Paulo de Tarso Rolim de
WSB.One: all information on your screen
Unlock the Power of Information with WSB Advisors! Ever wondered where to find the most comprehensive database in the offshore sector? Introducing WSB.One – your ultimate resource for integrated and cross-referenced data on vessels, contrac
AHTS tender: an update
By Alexandre Vilela Petrobras closed the AHTS tender, with plans to hire up to 7 AHTSs and one OTSV. The amplitude on rates is worth noting. TS: Asgaard with AHTSs offered at USD 31k, for comparison below the last OSRV average rates. Asso M
Updates on PSV newbuild tender
By Raphael Montes Petrobras has disclosed some significant changes to the ongoing public tender set to charter up to 12 newbuild PSVs. The opportunity was also postponed once again, now with a deadline until September 13th 2024. Amongst the
DS-17 and Equinor: a new deal
By Rafael Bortoloti Equinor has announced that the Valaris Limited drillship DS-17 will undertake drilling duties for six wells in the Raia Project, located in the pre-salt Campos Basin. The contract’s total value is estimated at USD 498 mi
New contracts for DOF
DOF Group announced charter contracts for AHTSs Skandi Jupiter and Skandi Mercury chartered to Petrobras three-years firm contracts with options, commencement 2nd half 2025. Both vessels sail under Norwegian flag and currently operate in th
Special WSB: A perk called “Follow the Café na Trilha”
By Rafael Bortoloti Fernando Vilela, CMO of Westhon and WSB Advisors, cyclist, and YouTuber, received a significant recognition in April 2024. As the creator of the YouTube channel “Café na Trilha,” he earned the exclusive right to create c