OPEN TENDERS — Market Update

What has changed?

• Shell — 3x PSVs and 1x OSRV opportunity, new deadline March 2nd, 2026

What else is happening?

• Tidewater Inc. announced the acquisition of 100% of Wilson Sons Ultratug Offshore Participações S.A. and Atlantic Offshore Services S.A. in a transaction valued at approximately USD 500 million, reflecting continued consolidation dynamics in Brazil’s PSV segment.

PS: This will not be the last M&A movement in the marine & offshore market in 2026.