Author: Alexandre Vilela

  • OSRV Market

    OSRV Market

    This week Equinor reached out to the market seeking an OSRV to cover the dry-docking of a vessel from its own offshore support fleet. In case of interest, owners must provide a DP2 vessel with 1050m3 oil recovery capacity, ORO class notation and valid OVID. Commencement is prompt.

    Also this week Petrobras issued a tender to charter up to four OSRVs. Owners are granted 120 days to mobilize the vessel with charter commencement scheduled for October 2023. Contract period is of 1460 days firm. As to the technical requirements, no major changes compared to previous similar tenders from Petrobras. The Brazilian oil major requires a DP1 vessel, built 1997 onwards and with 750m3 oil rec capacity. Owners have until November 17th to submit their offer.

  • New Petrobras Tender

    New Petrobras Tender

    Petrobras released this week a tender for the chartering of up to two 150 tons AHTS TS/TO type for four years firm. The units will be engaged on both towing and pull back operation in addition to offloading systems maintenance. Among the technical specification one item draws our attention: “Battery (Safety) – DNVGL” or “Electric Hybrid – BV” class certified. This is the first time Petrobras actually requests a hybrid vessel in a tender and according to WSB sources the only AHTS fitted with such battery today is the Maersk Minder operating on in the Norwegian and UK North Sea sector. According to local Owners, lead time for having a Battery Pack installed is delivery in 2024. The problem is, Petrobras established the start of operation between July and September 2023 leaving players in a tough situation with no choice other than appeal through the Petrobras clarification process.

  • Solstad strikes new contract

    Solstad strikes new contract

    Normand Titus 2014 built DP2 PSV from Solstad has been awarded a one year firm plus one year option contract by Trident Energy do Brasil. Commencement date is expected for early fourth quarter 2022. The vessel will support London based Trident activities at Pampo and Enchova fields in Campos Basin, which acquired from Petrobras in 2019. Normand Titus arrived in Brazil in early 2022 for her first job in national waters for Shell’s drilling campaign at block C-N-791 in Campos basin, performed with Seadrill’s drillship West Tellus.

  • New FPSO

    New FPSO

    FPSO Almirante Barroso (MV32) was delivered yesterday at BrasFELS shipyard in Angra dos Reis after being cleared at customs. The unit will undergo final commissioning stages at the yard before it can be towed again to location. The MODEC unit will comprise the 5th module of Petrobras’ production system in Búzios field, Santos Basin. Current forecast for commencement of operations and first oil for the FPSO is Q1 2023.

  • Rio Oil and Gas

    Rio Oil and Gas

    During this past week, it was held in Rio de Janeiro the Rio Oil & Gas conference. An event destined for all companies involved in this sector to discuss perspectives for the future. Multiple oil majors used their space to present their innovative solutions for challenges they have faced along the way. The 20th edition of the largest oil and gas event in Latin America was hosted at the Maua Pier and also offered a digital experience for those who couldn´t attend the event. As always, Rio Oil & Gas is a great networking opportunity and a chance to meet friends again. WSB Advisors would not have missed this chance!

     

  • FPSO Anna Nery arrives in Brazil

    FPSO Anna Nery arrives in Brazil

    FPSO Anna Nery has safely arrived in Brazilian waters. The FPSO was being towed from China by ALP Striker and ALP
    Keeper ocean tugs since July this year. Anna Nery is the first of three units that will be delivered by Yinson to projects
    in Brazil, and is yet to complete its final commissioning steps in BrasFELS yard in Angra dos Reis. Both ALP tugs are awaiting customs clearance to deliver the unit at the yard in Angra and two additional harbor tugs will be chartered to provide extra support during this last stage at the yard. Yinson is already in advanced negotiations with a traditional Brazilian player for this scope.

  • Trident Energy

    Trident Energy

    Trident Energy expects to launch in the next weeks a teaser for the sale of part of its interests in the Badejo
    and Linguado oilfields. Both are part of the 10 oil concessions it acquired from Petrobras in 2020 and within
    the Pampo and Enchova hubs. The London based company has hired Brazilian bank Itau BBA to run the
    competitive process, Trident chief executive Jean-Michel Jacoulot said at the Rio Oil & Gas 2022 conference.
    “We’re looking for partners,” he noted. The plan is to attract a partner to develop the Siri discovery which lies
    within the limits of the two Campos Basin shallow water licenses. Today, these 10 fields produce approximately
    25.000 boe/d.

  • Maersk Drilling and Shell Brasil

    Maersk Drilling and Shell Brasil

    Maersk Drilling has been awarded by Shell Brasil an estimated 90 days contract for the semi-submersible rig Maersk Developer. The rig will drill one exploration well and perform subsea well intervention at the BC- 10 field. Commencement of operations is expected for March 2023 in direct continuation of the rig’s current contract with Karoon Energy. Shell has also moved forward with negotiations on its tender for the charter of up to two platform supply vessels which has now reached the third round of negotiations.

  • Grupo CBO and hybrid vessels

    Grupo CBO and hybrid vessels

    Wärtsilä and Grupo CBO have signed an “Agreement for Decarbonization Modelling” aiming to support and accelerate the decarbonization of CBO’s offshore supply fleet. The scope of the agreement includes a detailed analysis of the potential benefits to CBO of short and long-term solutions. These include digitization, energy efficiency and energy saving devices, hybridization and future alternative marine fuels with a particular focus on the viability of fuel Ethanol. In connection with this announcement, Equinor informed this week that it has signed an agreement with CBO for the conversion of up to three PSVs to the hybrid model. The intention of the Norwegian major is to have the first vessel ready and adapted by the first quarter of 2023. According to CBO, the PSV CBO Wiser will be the first vessel of their fleet to go through such modifications and receive the battery packs.

  • Petrobras about to take delivery of PSVs dry bulk carriers

    Petrobras about to take delivery of PSVs dry bulk carriers

    Petrobras will shortly take delivery of two PSV dry-bulk carriers, Asso Ventisei and Saveiros Fragata chartered in one of the Oil Major’s opportunities for DWT 3000 PSVs issued last year. Both vessels are going through final preparations for onhire and shall soon engage in operations. After a long wait of over 4 years for a tender of this type, these contracts mark the return of this once popular category of vessel back into Petrobras’ fleet. The hiring of not only dry-bulk carriers but also other types of PSVs such as Hybrid and Multipurpose, were all mainly driven by the increasing drilling activity by Petrobras in recent years.

  • Enauta resumes production at Atlanta field

    Enauta resumes production at Atlanta field

    Enauta informed this Wednesday that it has resumed production in the 7-ATL-2HP-RJS well in the Atlanta field. Production had previously been interrupted due to a preventive maintenance late last month. The Brazilian oil company expects to have another 2 wells producing in this field by the end of September. During the maintenance period Enauta made inspections and engineering modifications in the FPSO Petrojarl I. Earlier this year, Enauta signed a contract with Yinson with the intention of deploying another FPSO for the Atlanta field.

  • Petrobras extends contracts with DOF´s RSVs

    Petrobras extends contracts with DOF´s RSVs

    RSVs Skandi Chieftain and Skandi Olympia have been granted an extension by Petrobras until the end of 2022 while RSV Skandi Commander is now firm until November 2022. As previously reported in our weekly market update, the three vessels were offered in Petrobras’ RSV tender earlier this year. DOF has confirmed that Skandi Chieftain and Skandi Olympia have been awarded and will commence their contract in direct continuation of present charter. On the other hand, Skandi Commander will be deployed in the PIDF project until August 2023, before starting her new contract with Petrobras which will combine ROV and UAV services. The PIDF scope of work comprises the inspection of flexible pipelines, risers and subsea equipment in the Campos Basin, Santos Basin and Espírito Santo Basin.