One Energy News

Author: Rafael Bortoloti

  • Production details

    Production details

    Enauta produced 27.000 boed of oil in February, 5% more than what the company recorded in the previous month. The main reason responsible for this was the Atlanta field, in the Santos Basin, currently the company’s main asset. Enauta has three wells and the FPSO Petrojarl I is in full production in the field.

    PRIO meanwhile…

    Also in February, PRIO produced 82.8 thousand boed of oil, a reduction of 13.3% compared to January. The main reason responsible for the drop was the Frade field, in the Campos Basin, with a decline of 22.2%, closing at 40.2 thousand boed. The Brazilian company stated that the numbers are explained by a defect in the gas compressor and guaranteed that a repair had already been carried out.

  • Petrobras will hire RSV’s

    Petrobras will hire RSV’s

    Petrobras disclosed the partial result for the RSV opportunity for offers received November 2023. So far, 9 Brazilian flagged vessels from Edison Chouest Offshore were qualified: Deborah Kay, Bongo, Paulo Cunha, Wildebeest, Joe Griffin, Santos Service, Bram Spirit, Bram Bravo and Eland, with discounts not over 5%. Once awarded Chouest will secure new commitments for all their RSVs ending contracts with the oil major.

    Incidentally all currently qualified offers from the same bidder in different lots, however the tender process indeed the pre-determined priority order of lots in the tender, with 5 other offers from Solstad Offshore ASA, Oceanica and Fugro still under evaluation by Petrobras. It reflects the responsiveness of bidders, not a preference of Petrobras. 5 vessels have been disqualified due to excessive pricing, whilst 6 others have not been evaluated (out of range), but could be as the process evolves.

  • Enauta with new tender

    Enauta with new tender

    Shortly after coming out with a long term opportunity to charter PSVs, Enauta hits the market with another tender, this time seeking to hire AHTS vessels. The Brazilian oil company is looking to expand and optimize their fleet, especially in preparation for the arrival of the new FPSO Atlanta, which will soon leave Dubai bound to Rio de Janeiro.

    The hook-up and commissioning of FPSO Atlanta is expected to happen sometime during Q2 2024, with Enauta having already secured the vessels that will take part in this operation. Both tenders have deadline for offers within March 2024 and the PSVs and AHTSs to be hired will support the production activities at Atlanta field.

  • Petrobras Kick Off drilling

    Petrobras Kick Off drilling

    Petrobras started drilling of the well 1-BRSA-1391-ESS, in block ES-M-596, in a water depth of 2,100 meters, in the Espírito Santo Basin. The vessel responsible for the activity is Foresea´s Norbe IX.

    The Brazilian state-owned company has a 100% stake in the block. It was acquired by Petrobras in 2013, during the 11th Bidding Round along with five other concessions in the region: ES-M-598 and ES-M-673 (80% Petrobras and 20% Enauta); ES-M-671 and ES-M-743 (100% Petrobrás) and ES-M-669 (40% Petrobras, 35% Equinor and 25% TotalEnergies). The basin has a sedimentary area of 123,130 km² up to a water depth of 3,000 m (17,900 km² on land).

    Last month, Petrobras also started drilling a new well in the POT-M-762 block, in the Potiguar Basin. The vessel used in the activity is the ODN II drillship, also owned by Foresea. The well is at a water depth of 2,196 meters.

  • Latest Production News

    Latest Production News

    The  National Oil Agency of Brazil released the monthly oil and gas production report for the month of January. Total production (oil + natural gas) was 4.487 million boed.

    From oil, 3.519 million bbld were extracted, a reduction of 1.8% compared to the previous month and an increase of 7.5% compared to January 2023. Natural gas production was 153.93 million m³/d. There was a reduction of 1.7% compared to December 2023 and an increase of 7.6% compared to January 2023.

    The total production (oil + natural gas) in the pre-salt, in January, was 3.389 million boed and corresponded to 75.5% of Brazilian production. This number represents a reduction of 2.8% compared to the previous month and an increase of 7.0% compared to the same month in 2023.

  • Petrobras bid PSV’s

    Petrobras bid PSV’s

    Proposals qualify published with the rate reduction factors (global day rate – TDG), changes only in lots items 21, 24 and 30 foreign flag, with Grupo Bravante (Marlin) taking the lead on Marinsa (Internav) in certain positions. The change only affects the lower ranks, improbable candidates for hire. Still, it displays the dynamics resulting from bonus criteria, which on the OSRV created a real fuss. Details on the OSRV only for WSB ONE clients.

  • HOS Colt in Rio

    HOS Colt in Rio

    PSV HOS Colt from owners Hornbeck Offshore has recently arrived in Guanabara Bay. She will be supporting a drilling campaign for an International oil company in Brazil. With the latest addition, Hornbeck now counts with a fleet of 7 PSVs working in Brazilian waters of which 6 are foreign flagged.

  • FPSO departs to Brazil

    FPSO departs to Brazil

    The FPSO Marechal Duque de Caxias has left China and will come to the Santos Basin, where it will operate in Mero Field, operated by Petrobras which charteres the vessel from MISC. The vessel should begin operations in September and has the capacity to produce up to 180,000 boed and compress up to 12 million cubic meters of gas.

    The unit will be part of Mero’s third definitive production system and will increase the field’s installed production capacity to 590,000 boed. This system provides for the interconnection of 15 wells to the unit, 8 oil producers and 7 water and gas injectors, through a subsea infrastructure consisting of 80 km of rigid production and injection pipelines, 47 km of flexible service pipelines and 44 km of control umbilicals. The FPSO has technologies to reduce emissions, like the CCUS (Carbon Capture, Utilization and Storage), where gas with CO2 is reinjected into the reservoir.

    Mero is the third largest field in Brazil in terms of volume of oil in place, behind Tupi and Búzios, also in the Santos Basin. Petrobras promises to put another unit into operation in Mero next year. In addition to Petrobras (38.6%), the field consortium is operated by Shell (19.3%), TotalEnergies (19.3%), CNOOC (9.65%), CNPC (9.65%) and PPSA (3.5%).

  • Belov’s appeal is rejected

    Belov’s appeal is rejected

    Petrobras closes the SDSV tender after nearly exceeding the validity of offers, finally disclosed the results of the appeal from bidders Belov against the initial award notice for Oceanica with vessels Far Sound and Far Scimitar.

    After appreciating the technical points brought up in the appeal, Petrobras decided to rule in favor of Oceanica and sustain the award for their vessels, albeit the differences between the requirement and the presented offers. With all stages of the public tender completed, Petrobras can now move to contract signature, with a 270-day mobilization period granted to the winner.

    With the SDSV now out of the way, Petrobras can better focus on the remaining unfinished tenders of their SUB management, such as the AHTS-R and RSV, both opportunities closed in November 2023 on which not even a partial qualification has been yet disclosed.

  • OTSV arrives in Rio

    OTSV arrives in Rio

    OTSV Marina I from owners Locar has arrived in Guanabara Bay to commencer her first contract with Petrobras. The vessel went through modifications in China and is expected to start her charter in the coming weeks. This is the first offshore supply vessel acquired by Locar, a company that traditionally has only operated line handlers and barges. Marina I will join Petrobras’ OTSV fleet together with Belov Mares, a newbuild PSV also which went through modifications to become an OTSV, at Belov’s shipyard in Salvador, Bahia and was delivered to Petrobras last year.

  • OSRV tender closed

    OSRV tender closed

    Last Friday (16), Petrobras received offers for its OSRV tender that foresees the charter of up to 7 vessels. All offers considered Brazilian flag or REB and a 1460 days firm contract. Petrobras’ indicative budget for this tender was USD 35.020,95. If compared to the previous tender, the  average daily rates presented by bidders increased by 25%. If you wish to receive the complete commercial classification, get in touch with us through our e-mail comercial@cms.oneenergynews.com.

  • PSV tender closed

    PSV tender closed

    Last Thursday (15), Petrobras received offers for the PSV public tender that could potentially charter up to 21 vessels. The opportunity would accept BR, REB and foreign flagged vessels being proposed, for a firm duration of 1460 days.

    This time without a reference budget disclosed, but still a high utilization/low availability market, the tender was dominated by foreign flag offers, which accounts for roughly 72% of all offers received. Larger PSVs in BR/REB flag averaged aprox. USD 49K/day on the rates and USD 52K/day in foreign flag. Smaller PSVs (3000T DWT) in BR/REB flag averaged aprox. USD 40K/day and USD 38K/day in foreign flag.

    The PSV categories denominated as Hybrid and “Fluideiro” (fluids carrier), which Petrobras specifically set a target number for vessels hired, received no offers at all, either in BR/REB or foreign flags. Another tender that comes to prove the local market is giving signs it is struggling to meet with charterers hiring demands.