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2 become 10
“Petrobras is facing ‘owner’s market’ conditions. The oil giant remains asking for too extended offer validity periods, and vessels are getting fixed elsewhere in a much more dynamic market. Notwithstanding, owners’ challenges with fi

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

Petrobras signs deals for FPSOs
Petrobras has awarded two newbuilding contracts valued at approximately S$11 billion ($8.15 billion) to Seatrium for the construction of FPSOs P-84 and P-85.The two units will be installed, respectively, in the Atapu and Sépia fields, in de

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

PSV arrives in Guanabara Bay
CSV Normand Fortress from owners Solstad has arrived in Guanabara Bay and will soon commence her two year firm plus two year option charter with Petrobras She will provide accommodation services (W2W) to support production activities on the

Petrobras RFI: Offshore Wind Power Plants
Petrobras has issued a Request for Information (RFI) to gather insights and conduct studies related to the design, supply, construction, assembly, installation, commissioning, and maintenance of offshore wind power plants in shallow waters

USS George Washington again on Guanabara Bay
This week, the view from our downtown Rio de Janeiro office has been transformed by the presence of the imposing United States aircraft carrier USS George Washington (CVN-73), anchored in Guanabara Bay where she will remain until Friday, Ma

Petrobras with new comand
The federal government announced a significant change last May 14: Prates has resigned and Magda Chambriard will succeed him as the head of the Brazilian state oil company Petrobras. Chambriard, who previously served as the director general

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

Petrobras tender updates
Up to 21 PSVs 10 vessels that were previously qualified were now awarded (Bram Búzios, Batuíra, Prion, Starnav Scorpious, Sealink 178, Posidonia Lion, WM Pacific, Allie Chouest, Roger White and Clarence Triche). 1 vessel was enabled (Standa

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

WSB and Westhon at OTC Houston 2024
We at Westhon and WSB Advisors, as proud members of Bratecc, were delighted to host, alongside Ronaldo Lima of our Board of Directors, Admiral Lima Filho’s visit to Port Houston this past Tuesday, May 7th, as part of our involvement in OTC

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

7 Brazilian flagged vessels: OSRvs final qualifications result
Petrobras released the final qualification result of the “Up to 7 OSRVs” tender. A total of 7 Brazilian flag/REB vessels have been qualified, three of which from Grupo Bravante (Netuno Offshore, Marlin Navegação and Brasbunker Participações

Petrobras releses partial result of the AHTS-R tender
Petrobras released another partial result of the AHTS-R tender and the appeal deadline for those disqualified was announced. The Norskan vessels (DOF), already qualified, were awarded. Asso Trentuno, from Asso Marítima, is now in due dilige

EPRD Congro tender
Petrobras received 6 proposals for the EPRD Congro submerged buoy decommissioning tender. Leading the pack is Oceanpact, potentially poised to win the contract with a slender 10% price advantage over the two contenders getting anywhere clos

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

Tenders are announced
Petrobras has initiated a new series of tenders. This invitation to tender includes the chartering of up to 5 Oil Spill Recovery Vessels (OSRVs 750), segmented into two distinct batches based on flag requirements—Batch A for vessels under t

Petrobras publishes second partial result of PLSV tender
Petrobras unveiled the second partial results of its 2023 tender for PLSVs, highlighting a significant engagement from Sapura Navegação Marítima S.A. and Subsea7. Awarded vessels include the foreign-flagged Sapura Rubi, Jade, Onix, Diamante

Petrobras Innovative Workshop
Petrobras hosted on April 24th the “mini ROV” workshop focused on the cutting-edge application of “mini ROVs” in shallow-water operations. This groundbreaking technology presents a viable alternative to traditional shallow-water diving, sig

Perenco takes the helm
Bagre oil fields, for a sum of $10 million—$1 million upfront and an additional $9 million upon closing. Notably, no contingent payments or adjustments have been disclosed in this transaction. Faced with the costly prospect of decommissioni

Opinion: Petrobras Payment Promisse
Renowned as one of the most reliable contracting companies for payment timeliness, Petrobras has announced a strategic update to its payment policies. Under the new plan, the company will settle invoices for maintenance and administrative s

Petrobras announces bids for 10 OSRVs and 11 additional PSVs
At the IBP Summit on naval construction, Petrobras CEO Jean-Paul Prates announced that the oil giant plans to issue a bid for 10 Oil Spill Recovery Vessels (OSRVs) by the end of this year. Additionally, a future bid for 11 Platform Supply V

Petrobras new tenders
After a few months without new bids for chartering OSVs, last week Petrobras opened 2 new bids: one for hiring up to 4 PSVs but in SEP format where proposals and results are not publicly disclosed, and another for hiring up to 3 AHTS-TO. Bo