Category: Last News

  • Solstad renew contracts

    Solstad renew contracts

    Solstad Offshore has announced the details of contracts for three OSVs operating in Brazil. The company also reported that the combined gross value of the contracts is approximately $53 million.

    The AHTSs Normand Topazio and Normand Turmalina will be chartered for an additional year by PRIO and Brava, respectively. Earlier this month, the vessel Normand Cutter has finished a contract with Ocyan and started a new one with Prio.

    Want to read more? Get in touch with our commercial department to have access to WSB. One.

  • Agreement between Wilson Sons and MSC

    Agreement between Wilson Sons and MSC

    Wilson Sons announces the SPA (S&P Agreement) reached with SAS Shipping, fully owned subsidiary of MSC Mediterranean Shipping Company. SAS Shipping is already active in Brazil as controlling shareholder of Log-In Logística Integrada.

    The closing is expected in the second half of 2025, at which time the buyer will launch a public offer to acquire the remaining shares under the same terms as the S&P agreement, in accordance with CVM regulations.

    What is closing? At this stage, the buyer officially takes ownership of the shares, completing the transaction under the agreed terms.

    “At the WSB Advisors Semina, we highlighted the growing trend of acquisitions within Brazilian infrastructure and shipping. As anticipated, new developments have now emerged in the market.

    Admiral Ilques Barbosa Jr remarked during the seminar that infrastructure—particularly shipping—intersects with national sovereignty, pinpointing the importance of logistical security for Brazil’s future.

    While WSB Advisors was not involved in the recent transaction between Wilson Sons and MSC our industry expertise leads to a broader observation: this will likely not be the last deal of its kind in the sector.

    On a personal note, it may be time to reconsider the incentives and, perhaps, debate the rules surrounding Brazilian tonnage ownership. Although, in principle, the transfer of shares from Ocean Wilsons to SAS Shipping does not affect the local ownership of Wilson Sons’ operations, it raises questions about the long-term implications for national interests”, says Alexandre Vilela, CEO of WSB Advisors.

  • Norbe VIII at Guanabara Bay

    Norbe VIII at Guanabara Bay

    By Rafael Bortoloti

    The drillship Norbe VIII, owned by Foresea, has been anchored in Guanabara Bay, between the cities of Rio de Janeiro and Niterói. The vessel is currently undergoing the final stage of a scheduled maintenance that began on August 9 of this year.

    Norbe VIII arrived in Rio de Janeiro after spending 28 days in maintenance at a dry dock in Rio Grande do Sul, where it underwent cleaning, painting and general inspection, in a process managed by Ecovix.

    WSB reports that the vessel is expected to resume operations in November under a new contract with Petrobras. The last work was in Mero 4, Santos Basin.

  • FPSO with first oil

    FPSO with first oil

    Petrobras has announced that the FPSO Maria Quitéria produced its first oil on last Tuesday (15), in Jubarte Field, Campos Basin. The vessel has the capacity to produce up to 100.000 boed of crude and can process up to 5 million cubic meters of gas.

    Built by Yinson, the FPSO departed from China in May and arrived in Brazil in August, with its first oil production occurring earlier than originally planned, which was expected for 2025.

  • It happens – Offshore Series: The Tender Dilemma!

    It happens – Offshore Series: The Tender Dilemma!

    By Alexandre Vilela

    Offshore operations often come with unexpected challenges, sometimes leading to complications that ripple across entire projects. Let me share a recent example:

    A tender required a vessel for a 2-year contract, but the winning vessel, foreign-flagged, obtained a 1-year CAA under the anticipated circularization process. After six months, a new circularization blocked the foreign vessel for the second year of the contract. Although the blocking vessels were available, their limitations in Fire Fighting capabilities and crew specialization caused significant disruptions to the project, including IBAMA licensing delays and an interruption to the drilling operation.

    This situation raises critical concerns:

    1. Contracts planned for longer periods can face roadblocks, causing both operational and cost uncertainties.
    2. While Brazilian-flagged vessels are given preference, the reality is that not all are equipped to meet the needs of the project without compromises.

    The Challenge: It’s essential to uphold national interests and the law, but how do we balance this with the practical demands of offshore operations?

    The Question: Could a longer CAA period help bring clarity and stability from the outset? Or should vessel characteristics considered “deal breakers” be reevaluated to avoid such situations in the future? What role should ANTAQ play in seeking expert, independent input during critical circularization decisions?

    What do you think? How can we improve planning and reduce uncertainty?

  • Insights on Brazil’s drilling scenario!

    Insights on Brazil’s drilling scenario!

    By Alexandre Vilela

    The state-of-the-art drillship Atlantic Zonda has departed Singapore en route to Brazil. This 7th-generation, dual-drilling rig, built on Samsung 96K design, is capable of drilling in water depths of up to 12,000 feet.

    Once in Brazilian waters, Petrobras will engage the Zonda for a 36-month contract, marking a key step in its $102 billion exploration strategy for 2024-2028, which includes drilling 50 new wells and deploying additional FPSOs.

    Local operations will be managed by Ventura Offshore, a Brazilian deepwater drilling leader with over 25 years of experience. Ventura recently celebrated a significant milestone by becoming a publicly traded company on the Euronext Growth stock exchange. With a proven track record of managing high-performance rigs like the Zonda and their own drillships like DS Carolina, Ventura is reinforcing its position as a key player in Brazil’s offshore development.

    Stay tuned for more updates on this exciting project and Ventura Offshore’s continued growth!

  • WSB Special Seminar reunion

    WSB Special Seminar reunion

    Last thursday (10), the rooftop of WSB Advisors set the stage for a truly memorable evening. Despite a cloudy day and our constant hope for no rain, we were once again blessed with clear skies as the night unfolded, creating the perfect atmosphere for our team, dear friends, and some panelists from our recent WSB Seminar to come together.

    It was a fantastic opportunity to unwind and enjoy unpretentious conversations. The presence of leaders from Bravante, Solstad, Bram / Chouest, Marinsa, WTN Lak, Café na Trilha, Corintos, BP Energy, Efen, Norsul, Raízen, Intcom, Pinheiro Almeida, Eletronuclear, Delp, UMI SAN, ECB, and others made the evening even more special.

    A heartfelt thanks to everyone who joined us and helped create this unforgettable experience. Together, we continue to build a strong business community.

  • Fernando Vilela and WSB Advisors in spotlight

    Fernando Vilela and WSB Advisors in spotlight

    On this International Mental Health Day (October 10th), we are proud to share the inspiring story of our CMO, Fernando Vilela, an accomplished athlete who opened up about how cycling transformed his life and helped him overcome burnout—a condition affecting thousands of Brazilians. His journey, filled with challenges and perseverance, continues to inspire many, both within and outside our company.

    Fernando’s experience highlights the importance of finding balance and prioritizing mental well-being. We are honored to have a leader who champions mental health and encourages others to seek their path to recovery and resilience.

    Click here to read more:

  • PSVs in Brazil: an analysis

    PSVs in Brazil: an analysis

    – Over the next 10 years, 75% of the PSV vessel fleet in Brazil will lose its “validity,” considering the current standard 20-year operational lifespan limit set by the major charterers – reports Pedro Pellegrini, Shipbroker Intern at WSB Advisors and manager of WSB. One, the most comprehensive database in the market.

    Explore detailed data on contracts, daily rates (historical and current), contract durations, and charterers, empowering your decisions with unmatched precision and depth.

    WSB. One: all the information at your fingertips – Datamatters

    Contact us at comercial@cms.oneenergynews.com

  • WSB.One: All information on your screen

    WSB.One: All information on your screen

    Do you get our updates on your email?

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

    To stay updated on the details and outcomes of these and future bids, follow us on LinkedIn.

    However, if you are looking for in-depth information on contracts, historical and current daily rates, contract durations, and charterers — empowering your decisions with unmatched accuracy and depth — Get in touch with our comercial department to have access to WSB. One.

  • Petrobras with new RSV bid

    Petrobras with new RSV bid

    By Rafael Bortoloti

    Petrobras has issued a tender for the charter of up to 8 Brazilian flagged newbuild RSVs

    Key highlights
    1) Maximum vessel awards per Tenderer is 4.
    2) The extended mob days for the 3rd and 4th vessels will apply only if all are built in the same yard. 3) Current Deadline: October 29th, 17:00LT Rio de Janeiro, Brazil.

    Main vessel technical details
    Engines running on diesel and ready to run on diesel-ethanol mix with up to 80% ethanol.
    1x Bow Tunnel Thruster 1500kW
    2x Bow Retractable Azimuth 1200kW
    2x Azimuth Main Propellers 2800kW
    DP-2 Class Notation
    2x WROV | WD 0-3000m | 24h/7
    Knuckle boom crane meeting SoW requirements

    To read all details, contact us at comercial@cms.oneenergynews.com 

  • WSB: Oil & Gas Expanding

    WSB: Oil & Gas Expanding

    Brazil’s oil and gas sector is, according to EPE, expected to attract $182 billion in investments by 2030, with production reaching 5.4 million barrels per day, positioning the country as the 5th largest producer globally. As stated by FIRJAN, the Federation of Industries of Rio de Janeiro, this increase will prompt 115,000 jobs in Rio de Janeiro alone, driven by the rising demand and 13 new FPSOs by 2028.

    At our recent WSB Seminar, FIRJAN’s Thiago Valejo emphasized the critical role of human capital in supporting this expansion. He also highlighted FIRJAN’s collaboration with Senai and others to expand training programs, ensuring the industry has the skilled workforce needed for the future. At WSB, we strongly advocate for transforming how the industry approaches talent and fully support FIRJAN’s initiatives.

    Count on WSB Advisors to guide your business through this exciting new phase!