Category: Petrobras

  • DOF extends Petrobras contracts for two PLSVs through January 2028

    DOF extends Petrobras contracts for two PLSVs through January 2028

    DOF has secured contract extensions with Petrobras for the PLSVs Skandi Búzios and Skandi Recife, keeping both vessels in operation offshore Brazil through January 2028.

    Skandi Búzios received a 516-day extension, while Skandi Recife was awarded an additional 550 days. Their existing contracts were previously scheduled to expire in the third quarter of 2026.

    The vessels are owned through a joint venture between DOF and TechnipFMC, with each company holding a 50% interest.

    Skandi Búzios and Skandi Recife have operated for Petrobras under long-term contracts since 2017 and 2018, respectively. Both are designed for flexible pipelay and umbilical installation in Brazil’s deep and ultra-deep waters.

    The extensions maintain two high-capacity PLSVs under contract with Petrobras as subsea activity continues offshore Brazil.

    The contract values were not disclosed.

  • Petrobras revokes newbuild AHTS tender

    Petrobras revokes newbuild AHTS tender

    Petrobras has revoked its tender for the charter of up to two newbuild AHTS vessels before the opening of proposals.

    According to the official notice, the company reassessed the assumptions that supported the procurement, the need for the contracting and its corporate priorities following an economic review of its projects.

    Petrobras concluded that continuing the tender was no longer convenient under the revised conditions.

    The decision follows a prolonged procurement process marked by repeated extensions.

    On July 17, after the fourth postponement, we noted that the possibility of cancellation could no longer be ignored:

    The tender had been open since December 2024 and was most recently scheduled to close on August 21, 2026.

  • Petrobras: AHTS bid newbuilding posptponed once again

    Petrobras: AHTS bid newbuilding posptponed once again

    Petrobras extends AHTS tender deadline to August 21Petrobras has extended the submission deadline for its newbuild AHTS tender, with bids now due on August 21. This is the fourth postponement since late May.

    Petrobras has not disclosed the reason for the latest extension. Several shipowners have requested additional time to meet the financing documentation required under Addendum K, with the bank Comfort Letter once again at the center of the issue. Petrobras considered the requests but is not expected to remove the requirement.

    After such a prolonged process and repeated extensions, the possibility of cancellation can no longer be ignored, although Petrobras has given no indication that this is currently under consideration.

    At this point, the focus is no longer on the deadline itself. What happens when bidding closes will say far more about the market than another extension ever could.