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Por onde anda? UP Topazio and UP Diamante
Launched in 2006 and 2007 respectively at Estaleiro Ilha S.A. (EISA), in Rio de Janeiro, the Platform Supply Vessels UP Topazio and UP Diamante represent a mature phase of Brazil’s offshore support vessel construction cycle, when local shipyards were delivering standardized PSVs to meet the rapid expansion of offshore logistics demand. Built as mid-size Offshore […]

Riograndense Refinery: R$ 6 bi
Petrobras announced plans to convert the Riograndense Refinery, located in Rio Grande (RS), into Brazil’s first biorefinery, marking a significant step in the company’s strategy to expand production of lower-carbon fuels. The announcement was made on 20 January 2026 by Petrobras President Magda Chambriard during the contract-signing ceremony of the Mar Aberto program. According to […]

Mar Aberto Program
As reported by WSB Advisors, Petrobras and Transpetro – Petrobras Transporte S. A. held a contract-signing ceremony in Rio Grande (RS) on 20 January for the construction of 41 vessels under the “Mar Aberto” (Open Sea) program, totaling investments of approximately R$ 2.8 billion. The event was attended by Petrobras CEO Magda Chambriard, Transpetro CEO […]

Staff Announcement
Westhon Media, a company within the Westhon Group, announces the arrival of three new interns to its team this January 2026, reinforcing its commitment to talent development, technological innovation, and the growth of the local technology ecosystem. Around 20 years old, the three new team members live and study in Teresópolis (RJ), the city where […]

Petrobras and Transpetro move forward with Mar Aberto Program
Ceremony marks the start of a new phase of investments in shipbuilding and fleet renewal, reinforcing local content and the recovery of the sector’s productive chain. Petrobras, together with Transpetro, takes a decisive step toward the recovery of Brazilian industry by signing contracts for the construction of strategic vessels under the Mar Aberto Program. The […]

Open Tenders
An updated opportunity was released within Petrobras’ ongoing offshore tenders. Below are the latest changes monitored by WSB Advisors. What has changed? – Petrobras at least 1x FSC 25: Opportunity 7004490721 released January 13th, 2026. What else is happening? – Spliethoff started a new offshore project in Brazil for Saipem with the arrival of m/v […]

Brava strengthens Offshore Portfolio with Strategic Campos Basin acquisition
Brazil’s Brava Energia has announced a significant expansion of its upstream footprint with the acquisition of 50% stakes in the Tartaruga Verde field and Espadarte Module III from Malaysia’s Petronas, in a transaction valued at approximately US$450 million. The deal marks a strategic step in the company’s long-term value creation strategy and portfolio repositioning. The […]

Por onde anda? GNL 1001 & GNL 1008
Within Brazil’s offshore support vessel landscape, Platform Supply Vessels GNL 1001 and GNL 1008 follow an uncommon trajectory — modern PSVs that moved from lay-up back toward a path of recovery and renewed operational relevance. Delivered in 2016 (GNL 1008) and 2017 (GNL 1001) by TWB S.A., later Keppel/Seatrium Brasil, both units were built to […]

Equinor secures first Union oil cargo from Bacalhau
Equinor won PPSA’s 5th Spot Oil Auction, securing the first 1 million-barrel cargo of crude oil belonging to the Union from the Bacalhau field, in pre-salt Santos Basin. The cargo is scheduled for loading in late March 2026, marking the start of commercialization of the Union’s oil from the asset. As reported yesterday, the auction […]

PPSA holds 5th Spot Oil Auction as Global Majors Compete for First Bacalhau Cargo
On January 14, PPSA (Pré-Sal Petróleo S.A.) is conducting the 5th Spot Oil Auction for crude oil produced at the Bacalhau field, marking the start of commercialization of the Union’s oil from this asset. The field entered production on October 15, 2025, and the auction had its schedule revised from an original December 2025 date […]

Tupi/Iracema back at 1 million bpd
On January 9, the Tupi/Iracema field, located in pre-salt Santos Basin, resumed production of 1 million barrels of oil per day, a level last achieved in 2019. The milestone confirms recovery of one of Brazil’s most strategic offshore assets and reflects execution of Petrobras’ medium-term production strategy. The result aligns with Petrobras’ 2026–2030 Business Plan, […]

Saipem’s Castorone arrives in Brazil for Raia gas project
On 15 January 2026, Saipem’s pipelay vessel Castorone arrived in Brazil to start deepwater operations at Equinor’s Raia gas project, in the Campos Basin, about 200 km offshore Rio de Janeiro. The DP3 vessel will install pipelines in water depths of up to 2,900 m, marking the start of the project’s deepwater phase.

Brava Energia appoints new CEO
Brava Energia announced that its Board of Directors accepted the resignation of CEO Décio Oddone as part of a planned succession process. Oddone will remain in office until January 31 to ensure an orderly transition. Richard Kovacs was appointed Chief Executive Officer effective February 1, stepping down from his role as Chairman of the Board […]

Petrobras amends FPSO Cidade de Angra dos Reis contracts
In January 2026, Petrobras executed amendments to the charter and service contracts of FPSO Cidade de Angra dos Reis, adjusting commercial and operational terms. The unit’s role in Petrobras’ production system remains unchanged, aligned with ongoing optimization of its FPSO portfolio.

Brazilian Navy starts construction of 4th Tamandaré-class frigate
Brazilian Navy starts construction of 4th Tamandaré-class frigate On 9 January 2026, Brazilian Navy began construction of the fourth Tamandaré-class frigate (F203 Mariz e Barros) with a steel-cutting ceremony at TKMS Estaleiro Brasil Sul, in Itajaí (SC). All four units of the program are now under construction in Brazil, advancing fleet renewal focused on maritime […]

Staff announcement — Pedro Pellegrini
Effective January 2026, Pedro Pellegrini has been promoted to Naval Engineer / Shipbroker at WSB Advisors. The move reflects a consistent development path built over nearly two years within the firm. Pedro joined WSB Advisors as an Intern in Market Intelligence, working within the Commercial team and supporting brokerage activities alongside Raphael Montes, Genesio Ramos […]

Open Tenders and News
A revised deadline has been released by Petrobras for the FSC 10 opportunity therefore below follows an update as monitored by WSB Advisors: What Else is Happening?

Por onde anda? Danko Tide
Delivered in 2002, this 72m by 16m, DP-1 Platform Supply Vessel began her career in Brazil under Tidewater’s flag as Danko Tide, supporting the country’s offshore supply chain during a period of intense E&P activity. Built for reliability and utility, she spent her early years running steady logistics between platforms and support bases along the […]

Transpetro schedules supplier meeting for MR1 vessel acquisition tender
Transpetro confirmed an exclusive supplier event on Friday, 9 January at the Transpetro Academy in Rio de Janeiro to present guidelines for an upcoming tender to acquire four newbuilding medium-range (MR1) vessels. The agenda will include procurement rules, safety and integrity requirements, and technical presentations by Director Tomás Arantes and senior procurement specialists, starting at […]

Transocean secures BP contract for Deepwater Mykonos in Brazil
Transocean confirmed that the drillship Deepwater Mykonos has been awarded a new contract with BP for an estimated 302-day campaign starting in Q3 2026. The agreement contributes approximately US$ 120 million to firm backlog, excluding mobilization, demobilization and additional services. The unit will support deepwater exploration and development activities offshore Brazil.

Petrobras temporarily suspends Foz do Amazonas drilling after fluid leak
Petrobras reported the interruption of exploratory operations at the Morpho well, about 175 km off Amapá, following a leak in auxiliary drilling fluid lines. The event involved water-based biodegradable fluid and no oil release was recorded. According to Petrobras, containment was completed, Ibama has been notified, and activities will resume after repairs and technical verification […]

Brent trades lower amid supply perception and geopolitical context
Global oil benchmarks moved lower as Brent crude for March delivery closed at US$ 60.70 per barrel, a 1.72% decline. Price behavior reflected expectations of ample supply combined with geopolitical developments and producer policy signals, moderating short-term bullish sentiment.

Eneva completes first natural gas import operations
Eneva confirmed that it concluded its first natural gas import operations from Argentina in December, expanding flexibility in regional supply access. The imported volumes support delivery to Brazilian industrial clients connected to the national transportation grid and contribute to diversification of sourcing and resilience in the domestic gas market.

Rio Oil & Gas 2026 confirmed
Rio Oil & Gas 2026 (ROG.e) has been confirmed for 21–24 September 2026 at Riocentro, Rio de Janeiro, with expectations of over 75,000 participants and more than 650 exhibitors. The program will integrate upstream, gas, energy transition, technology and supply-chain discussions, reinforcing Brazil’s role as a central platform for global offshore and energy dialogue.

FMM approves R$ 218.8 million for Southern Brazil shipbuilding projects
At its 61st Council meeting, Brazil’s Merchant Marine Fund (FMM) approved R$ 218.8 million to support projects in Santa Catarina and Rio Grande do Sul, including shipyard modernization, inland waterways and passenger vessels, port support and offshore support assets. The decision forms part of the Ministry of Ports and Airports’ 2025 cycle, which closed the […]