One Energy News

Author: Rafael Bortoloti

  • WSB tips – Open Tenders & More

    WSB tips – Open Tenders & More

    By Pedro Pellegrini

    Dear All,

    WSB is pleased to provide an update on the current long-term tenders that are open to offer.

    Open tenders:

    What has changed?

    • Petrobras 2x AHTS-TO: Opportunity 7004388639 released Mar 10th, 2025;
    • Petrobras 2x OSRVs: Opportunity 7004326931 new deadline Apr 14th, 2025;
    • Petrobras 3x WSSVs: Opportunity 7004331236 new deadline Apr 21th, 2025.

    What else is happening?

    • Subsea7 progresses with AHTS for Búzios 8. Even though Carnival is over, market remains rattling and windows are challenging. Can SS7 keep up with the rythmn?
    • FPSO Bacalhau hooked up and anchored. Station keeping tugs all returned to Guanabara Bay, except some will not stay for long…
    • Want to know everything about new requirements, contract windows, time charter, bareboat and spot opportunities, daily rates for each vessel, fortnightly meetings and countless other pieces of information? Get in touch with us to learn more about our package featuring the most complete database in the market: WSB.One!
  • Petrobras: new AHTS bid

    Petrobras: new AHTS bid

    By Rafael Bortoloti

    Petrobras has launched a new tender, now for the chartering of two AHTS-TO vessels, both with a contract duration of four years, starting in December 2025. Proposals must be submitted by the end of 31 March in a closed bidding process.

    The vessels must have DP-2, at least 150 tons of bollard pull and cannot exceed 25 years of age.

    Petronect opportunity: 7004388639

    For more information, contact: comercial@cms.oneenergynews.com

    Place your bets.

  • March 8: Happy International Women’s Day

    March 8: Happy International Women’s Day

    This International Women’s Day, we celebrate women’s leadership, resilience, and innovation in all aspects of life.

    At WSB Advisors, we value and recognize the talent and significant contributions of women in our teams and communities.

    Together, we continue to build a more inclusive and equal future. Congratulations to all the women on their special day!

  • FPSO in Brazilian waters: boosting Mero field

    FPSO in Brazilian waters: boosting Mero field

    The FPSO Alexandre de Gusmão has arrived in Brazilian waters. Built by SBM and chartered by Petrobras, the vessel left China in December last year and is expected to begin production in mid-2025.

    With a production capacity of 180,000 barrels of oil per day and the ability to compress 12 million cubic meters of gas daily, the FPSO will increase production at the Mero field (Santos Basin) by approximately 35%. Last Friday (28), Mero set a new production record, reaching 500,000 boe/d.

    “Mero is Brazil’s third-largest field in terms of oil in place and production, behind only Tupi and Búzios. Production will continue to grow with the ramp-up of the FPSO Marechal Duque de Caxias and the start-up of the Alexandre de Gusmão. We’ve heavily invested in technological development, which allows us to increase productivity while minimizing greenhouse gas emissions, all with safety and integrity,” says Sylvia Anjos, Petrobras’ Director of Exploration and Production.

  • WSB tips

    WSB tips

    By Pedro Pellegrini

    • The FPSO Bacalhau arrived in Brazilian waters, bringing along Monjasa’s first offshore bunkering contract. The bunker trader secured a deal with Subsea7 to supply MGO for the three Boka tugs that towed the FPSO from Singapore.
    • Petrobras has concluded the EPRD Subsea Lines bid last friday (28/2).
    • Carnival eve is untouchable! Petrobras pushed back two bids that were due last Friday. They are:
    • 2x OSRVs: New deadline: March 10th, 2025.
    • 1x MPSV: New deadline March 14th, 2025.

    More details? comercial@cms.oneenergynews.com

  • Karoon acquires FPSO

    Karoon acquires FPSO

    Karoon Energy has acquired 100% of the FPSO Cidade de Itajaí from Altera Infrastructure & Ocyan for $115 million. The deal also includes approximately $8 million in transaction costs, with the bureaucratic procedures expected to be completed by April.

    The vessel has been operating in the Baúna Field, Santos Basin, since 2013 and has a production capacity of up to 80,000 barrels of oil per day (boed) and gas compression capacity of 2 million cubic meters per day.

    Karoon has owned the Baúna Field since 2020. Now, as both the field and FPSO owner, the Australian company will seek a new operator for the unit. Until then, Altera & Ocyan will continue managing operations.

  • Petrobras: plans, updates and challenges

    Petrobras: plans, updates and challenges

    By Rafael Bortoloti

    Petrobras held a press conference last Thursday (27), initially focused on its financial results, but executives also shared updates on key projects, which we highlight below:

    * New tenders for the FPSO Barracuda/Caratinga, now under a BOT (Build-Operate-Transfer) model.
    * FPSO Alexandre de Gusmão is expected to arrive in Brazil in early March.
    * A strong 2025 ahead, with new platforms entering operation and others ramping up.
    * Strategic focus on two key exploration areas: new reserves (Equatorial Margin + Pelotas Basin) and mature fields.
    * Attention to exploration opportunities abroad while also maintaining and optimizing existing assets.
    * The revised SEAP bidding rules now allow the winner of the first platform to supply the second, potentially helping recover delays.
    * Búzios Field nearing 1 million boe/d production. This week, it hit a new record of 800,000 boe/d, boosted by FPSO Almirante Tamandaré’s startup.

    What are your thoughts?

  • WSB Advisors in spotlight

    WSB Advisors in spotlight

    Our team of shipbrokers gave interviews for a report by Liga Naval – UFRJ about the profession in Brazil. It’s great to see the Shipbroker profession being valued and its impact on the maritime industry.

    Liga Naval is a space that aims to promote professional growth for students of Naval Architecture and Marine Engineering at the Federal University of Rio de Janeiro, expanding their connection with the job market.

  • Petrobras cancels FPSO bid

    Petrobras cancels FPSO bid

    Petrobras Cancels FPSO Bid for Barracuda-Caratinga Revitalization

    The Fact:
    Petrobras has canceled the bid for the FPSO contract aimed at revitalizing the Barracuda-Caratinga fields in the Campos Basin.

    Fact of the Fact:
    – Lower local content requirements can attract new players. ✔️
    – New players increase competitiveness. ✔️
    – Competitiveness attracts better rates. ✔️

    Result of the Fact of the Fact:
    – A new player placed an offer. ✅
    – Was the price really high, where is the market today❓
    – One bidder does not equal competitiveness. ❌

    “Sometimes one has to walk the walk to get to destiny. It’s a process.”, says Alexandre Mattar Vilela,managing partner and CEO at WSB Advisors

  • Merger: Saipem and Subsea7

    Merger: Saipem and Subsea7

    By Rafael Bortoloti

    Saipem and Subsea7 have announced a preliminary agreement for a potential merger, signing a memorandum of understanding (MOU). If finalized, the deal will create a global energy services giant, possibly named Saipem7.

    The new company will have a combined backlog of €43 billion, revenue of approximately €20 billion, and an EBITDA of over €2 billion. Subsea7 shareholders will receive 6.688 Saipem shares for each share they hold, and both companies will split the capital of the merged entity equally.

    The announcement took the offshore market by surprise, as there had been no rumors of the transaction. However, mergers and acquisitions have become increasingly common since 2024, with moves like the formation of Brava, Wilson Sons’ sale to MSC, Boskalis acquiring ALP, and DOF acquiring Maersk.

    Is industry consolidation here to stay?

  • Allseas wins Petrobras EPCI contract for Búzios 10

    Allseas wins Petrobras EPCI contract for Búzios 10

    By Rafael Bortoloti

    Allseas has secured a contract with Petrobras for the engineering, procurement, construction, and installation (EPCI) of subsea infrastructure at Búzios 10, approximately 180 km offshore. The official value has not been disclosed but it is estimated at R$ 10.9 billion (US$ 1.75 billion).

    The operation is Expected to begin in Q3 2026, using the pipelayer Audacia with the installation of 111 km of rigid risers and flowlines in ultra-deep waters, with 40% local content to connect 16 wells to an FPSO.

    This contract strengthens Allseas’ position in Brazil, while the company is also bidding for the SURF contract at Búzios 11 and has recently opened an office in Rio de Janeiro.

  • WSB tips

    WSB tips

    Petrobras SDSVs Opportunity 7004370497 with new deadline: Apr 22nd, 2025.

    Petrobras hosted a live session to discuss hybrid propulsion for AHTS and RSV newbuild tenders, aiming for cleaner and more efficient fuel alternatives.

    Subsea7 issued an AHTS with ROV requirement for Búzios 8. If you want more details, please contact us.

    Foresea has formalized a new three-year contract for the drilling vessel Norbe IX (Santos Basin). With this agreement, the entire fleet is now under charter.