Category: Last News

  • SEA1: Will they keep the “Siem” names on the vessels?

    SEA1: Will they keep the “Siem” names on the vessels?

    PSV 4500 Siem Giant completed its dry docking this past week in Rio de Janeiro. The vessel is ready to resume her long-term contract with TotalEnergies.

    Less than two months ago, Siem Offshore changed its name to Sea1. The name change is a natural consequence of Kristian Siem stepping down from the company’s leadership.

    The PSV Siem Giant now appears with the name Sea1 on the side of the hull.

    Will they keep the “Siem” names on the vessels?

  • OSRV: Petrobras ranking out

    OSRV: Petrobras ranking out

    Petrobras released the preliminary rankings for the vessels registered in their tender to charter up to five OSRVs, which closed last week. Out of the 26 contenders, three were disqualified for incomplete proposals that lacked fuel consumption cost values: Mandrião and Atobá from Wilson Sons and Titan from Asgaard Bourbon Navegação. This company is still competing with two other vessels, yet to be named.

    The vessels are ranked by the lowest total daily rate, including fuel costs. Leading the list is OceanPact Serviços Marítimos’s Ilha de Tinharé, followed by Brasbunker’s Mar Limpo III, V, and IV, and Bram’s Campos Contender.

    The tender is divided into two lots: Lot A includes 14 vessels, while Lot B comprises 9 vessels. Some vessels, such as the ones from Brasbunker, were offered in both lots.

  • Special WSB: Big women, big vessels

    Special WSB: Big women, big vessels

    By Rafael Bortoloti

    Few people know, but Petrobras is developing a culture for naming its FPSOs with great women. This is the case, for example, of the Floating Production Storage and Offloading Maria Quitéria, which is being built and should begin operating in 2025  at Jubarte field, on the coast of the Brazilian state of Espírito Santo,  Campos Basin.

    Maria Quitéria was born, lived and died in the state of Bahia where she participated in several clashes that ended with in Brazil’s Independence in Brazil’s Independence from Portugal in 1822. She was the first woman to serve in the National Army, while the official opening for them took place in 1943.

    FPSO Maria Quitéria
    FPSO Maria Quitéria (Source: Yinson)

    An ex-soldier, Maria Quitéria was born on July 27, 1792, lost  her mother at the age of 10 and did not have a good relationship with  her stepmother. This made her spend almost the  whole day  in the streets, learning activities more linked to the male universe, such as shooting and riding a horse.

    Statue of Maria Quitéria in Salvador (Source:  Joá Souza)

    Disguise  in Army

    In 1821, she sneaked out from  home, had her hair cut,  borrowed men’s clothing and began “calling  herself” José de Medeiros. Shortly afterwards, she was discovered and reported by her father but her good work in the Army did not lead to her being expelled from the corporation. 

    In 1823, she returned to live with her father, who forgave her  due to some reasons, including the fact that she was honored by D. Pedro I, one of the symbols of Independence and first (of two) emperors of Brazil, which has been a Republic since 1889. In the last years of  her life,  Maria Quitéria dedicated  herself to  her  marriage,  daughter and her health.

    Maria Quitéria died on August 21, 1853, without great tributes. However, recognition came later such as the unveiling of a sculpture of her in Salvador a hundred years later. Still in 1953, the Army tried to get all military units to have a portrait of her.

    Since 1996,  Maria Quitéria has been the patron saint of the Brazilian Army’s Complementary Staff of Officers. Since 2018, she has been included in the Book of Heroes of the Homeland along with other important names like Anna Nery.

    Nurse at war

    Anna Nery, in turn, has been named there since 2009, being the first woman to join this list. Like Maria Quitéria, she is a Baiana (a person who was born in the state of Bahia),  born in 1814.

    Anna Justina Ferreira Nery is considered the pioneer of nursing in Brazil, as well as the Mother of all Brazilians, due to her voluntary action in the Paraguayan War (1864-1870), where this country faced the Triple Alliance (Brazil, Argentina and Uruguay).

     As a nurse, Anna Nery treated thousands of soldiers in hospitals in the cities of Assunção, Corrientes and Humaitá. On the other hand, she lost one of her three children, a victim of clashes with the Paraguayans.

    The FPSO  is working for Petrobras in the Merlin field, which is also in the Campos Basin.  There is also Anita Garibaldi. This vessel pays homage to another woman present in the Book of Heroes of the Homeland since 2012.

    FPSO Anna Nery
    FPSO Anna Nery (Source: Petrobras)

    Hero in Brazil and in Italy 

    Ana Maria de Jesus Ribeiro was born in 1821, one year before Brazilian Independence, in the Brazilian state of Santa Catarina. Anita Garibaldi received the title “Heroine of Two Worlds”, for having participated in several battles both in Brazil and Italy alongside her husband Giuseppe Garibaldi.

    They met in 1839 and were very influential, for example, in the unification of the European country. In Brazil, they fought bravely in the Farrapos War, a revolt by the South against the federal government  against high taxes. Little by little, the separatist movement gained strength. The conflict lasted ten years (1835-1845) and ended with an agreement between the parties, with the maintenance of the entire national territory unified.

    Statue of Anita Garibaldi in Santa Catarina (Source: Educa SC)

    Anita Garibaldi became known for being a fearless woman with a thirst for freedom and justice.  She also participated in fights in other countries such as Uruguay, Austria and France where Giuseppe was born. She died in 1849, pregnant with her fifth child and a victim of typhoid fever.

    Her story attracted street names throughout Brazil and even the cities like Anita Garibaldi and Anitápolis, both in Santa Catarina. The heroine also  inspired a film, a soap opera and even music from a samba school.

  • Another vessel for Búzios 7

    Another vessel for Búzios 7

    By Rafael Bortoloti

    Following the arrival of CSV Normand Maximus earlier this week, another vessel has begun mobilization from abroad to support Saipem on the Búzios 7 project. AHTS Siem Emerald, owned by Sea1, is en route from Las Palmas to Rio de Janeiro and is expected to arrive in Brazilian waters by July 1st 2024. Siem Emerald is 2009 built, has 281t bollard pull capacity and will be operating under foreign flag.

    “With the arrival of this anchor handler, Sea1 Offshore will be operating a total of eight vessels in Brazil, including two OSRVs, two PSVs, two LWIVs and one MPSV. We can confidently say that the company has successfully diversified both its fleet and its client portfolio over the past few years” – says Omar Darian, Chartering Manager at WSB Advisors.

  • Petrobras: new tender for FSC 25

    Petrobras: new tender for FSC 25

    By Rafael Bortoloti

    Petrobras released a tender to charter up to 7 FSC 25 type vessels (formerly P5). The company will receive proposals until July 17th, at 5 P.M. LT. The company is looking for vessels with maximum draft of 1.5 meters, a maximum displacement of 70 tons, 880bhp continuous power and capacity for 24 passengers.

    The offers will be divided into six lots, prioritizing those in the first lot, dedicated to national/REB vessels with entry expected in November 2024. If the demands are not met, Petrobras will move on to other lots. The first three lots are dedicated to Brazilian vessels while the others are for ships sailing under a foreign flag.

    To check these details as well as information regarding expected daily rates and contract period, contact us via our email comercial@wsb-advisors.

  • AHTS results out

    AHTS results out

    Petrobras awards 11 AHTS contracts in their last tender offers-in in November 2023.

    Facts: one of the longest lead times for OSV awards ever seen. Nominal rates increased though still depleted when compared to 8 years ago. Vessels offered on low-priority lots not awarded in spite of the very competitive rates. Vessels offered on top-priority not awarded outside the budgeted figures.

    The enclosed table displays the awarded contracts. To see who was left out and at what rates get in touch.

  • OSRV preliminary results

    OSRV preliminary results

    By Raphael Montes

    First time since 2018, the Global Day Rate (TDG) considered actual fuel cost. Previously on public opportunities Petrobras applied a virtual bonus instead. Brazilian and/or REB vessels only allowed in this opportunity, divided into lots A and B, with mobilizations respectively for March 2025 (or 180 days upon contract signature) and July 2025 (or 270 days upon contract signature) and duration of 4 years firm.

    Our results table displays the actual day rates and the TDG. Effectively the classification would remain unchanged except for Campos Contender, from Bram/Chouest, an AHTS naturally impacted by the increased fuel figures when compared to other “contenders”.

    OceanPact Serviços Marítimos secured first place in Lot A with Ilha de Tinharé (former NS Loreto) and Bram Offshore in Lot B with C-Agressor and C-Atlas tie. Grupo Bravante was also well positioned in both Lots with good chances of qualification in the tender. To be seen. We will report.

  • WSB update: FPSO Fluminense is underway to MARS

    WSB update: FPSO Fluminense is underway to MARS

    By Alexandre Vilela

    FPSO Fluminense is underway to MARS (Modern American Recycling Services, Inc). in Denmark, after successful disconnection from the Bijupirá & Salema fields concluded earlier this month, with the assistance of Boskalis vessels Falcon and Centre.

    The unit is being towed also by Boskalis’ Summit, Glacier and Manta, in a project that counted with a full fleet from the Dutch specialized company.

    More on our participation on this project will be shared on our social media and next issue of One Energy Magazine.

    Stay tuned! WSB Advisors.

  • WSB with MISC, CBO and Belov

    WSB with MISC, CBO and Belov

    By Alexandre Vilela

    Integrated effort commissioned by MISC: CBO vessels AH Valletta and CBO Parintins have now been inspected and approved for the Sea Water Intake Riser (SWIR) installation at FPSO Marechal Duque de Caxias having Andre Oliveira and Marco Antonio Tejero as lead DNV MWS (Marine Warranty Surveyors), and Raphael Montes from WSB Advisors as Coordinator of the inspections.

    The accompanying pictures feature key members of the MISC team Mohd Azrul Mohd Rosilan, M. Adhapiz Hasan, Ts. Syed Muhammad Taufik, all hosted by Captains Massimiliano on AH Valletta and Marcelo on CBO Parintins, supported by Rodrigo Coutinho and Otávio Pires from the OPS team from CBO.

    The engineering is detailed and with procedures from BELOV under the operational supervision of Gilberto Luiz da Costa Jr.

  • BP begins new drilling

    BP begins new drilling

    By Rafael Bortoloti

    ​Last week, BP Energy began drilling well 1-BP-12D-RJS, in the Pau Brasil block, Santos Basin pre-salt. The rig daily rate is of $410,000 under an 80-day contract, amounting to a total of $33 million and the well is in a water depth of 2. 283 meters. The vessel and the crew of Valaris´ DS-15 vessel already were on standby, only waiting for the green light from IBAMA to initiate the operations.

    Currently contracted with TotalEnergies until September, the DS-15 drillship has an unique opportunity for short-term engagements. In 2024, the vessel was temporarily released for contracts with PETRONAS and now BP. Following this assignment, it will return to Total Energies albeit at a reduced daily rate of $254,000.

    The Pau-Brasil well, acquired by BP in the 5th Sharing Round in 2018, is a joint venture with CNOOC (30%) and Ecopetrol (20%). This collaboration underscores BP’s strategic investment in the region and their commitment to unlocking the potential of Brazil’s energy resources.

  • Another Noble move

    Another Noble move

    By Alexandre Vilela

    Noble Corporation acquired Diamond Offshore involving a mix of stock and cash. Diamond Offshore shareholders will own approximately 14.5% of Noble’s outstanding shares and receive a cash consideration per share 11,4% premium on top of closing price June 7th 2024.Noble Board of Directors will be expanded to include one member from the Diamond Board.

    Both companies have exposure to the Brazilian market rigs Noble Faye Kozack and Ocean Courage are in country. Noble Faye Kozack marks the return of Noble to Brazil and is stationed in Niterói, off the coast of Rio de Janeiro, scheduled to commence operations for Petrobras in July, extending until 2026. Meanwhile, the Ocean Courage has been chartered to Petrobras since 2022, with the contract running through to 2027.

    Upon completion of the merger, Noble will operate a fleet of 41 rigs, including 28 floaters and 13 jackups. Additionally, the combined company’s backlog is projected to be approximately $6.5 billion. This marks Noble’s second significant strategic move in recent years, following its business combination with Maersk Drilling which was made effective in October 2022.

  • Normand Maximus coming to Rio de Janeiro

    Normand Maximus coming to Rio de Janeiro

    By Omar Darian

    The state-of-the-art CSV Normand Maximus has departed from Las Palmas and is en route to Rio de Janeiro. The Solstad Offshore ASA-owned vessel was chartered by Saipem and will be engaged on the Búzios 7 project, awarded to the Italian company at the end of 2021.

    The project includes the Engineering, Procurement, Construction and Installation (EPCI) of the Steel Lazy Wave Risers (SLWR) and associated flowlines interconnecting 15 subsea wells to the FPSO together with the related service lines and control umbilicals. Furthermore, Saipem will also be responsible for the provision and installation of the FPSO anchors and for the hook up of the FPSO at field.

    Normand Maximus is the result of innovative design philosophy aimed to combine SURF installation with field development activities in ultra-deep water. She is DP3, has a large working deck (2500m2), a main crane and an auxiliary crane with 900T and 150T capacity respectively.