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  • 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.

  • PRIO: Wahoo’s update

    PRIO: Wahoo’s update

    In an event with business representatives, PRIO reinforced it’s ready to start drilling in the Wahoo field, Campos Basin. All that’s missing is the Brazilian Institute for Environment and Renewable Natural Resources approval. The expectation is that the first oil will be extracted in this year’s third
    quarter with an estimated 40 thousand boed, going until 2052.

    The production will be possible through a pioneering submarine tieback project in Latin America that is 32 km long. This will connect the Wahoo wells to the FPSO Valente, which is owned by PRIO itself and operates in the Frade field, also in Campos Basin. A McDermott vessel will do the tieback and should arrive in Brazil between April and May.

    PRIO also reported that the project already generates around R$860 million in investments in the supply chain of local suppliers. The company must pay
    R$2.5 billion in royalties to the state and municipalities of the state
    of Espírito Santo.

  • AHTS multipurpose arrives

    AHTS multipurpose arrives

    Oceanicasub X, another AHTS acquisition for Oceanica’s fleet, has arrived in Brazil. The vessel was awarded by Petrobras in a public opportunity back in 2022 as AHTS Multipurpose for a firm duration of approx. 4 years. Besides the regular activities of an AHTS, the vessel will also be required to engage in ROV and shallow diving operations.

    “Although this is the first time Petrobras charters one AHTS with the provision of diving services, it will not be the first time diving operations will be carried out from this type of vessel, as in the recent past Petrobras had very successful experiences mobilizing diving systems on their own at C-Sailor and Asso Trentuno, both anchor handlers from Bram and Asso Marítima, respectively”, said Raphael Montes, Proposals Manager at WSB.

  • Explaining the Boskalis move on ALP

    Explaining the Boskalis move on ALP

    Shipyards are full and rates are rapidly picking up, and Boskalis sets a strategy to grow organically through acquisitions. The recent full take over of ALP Maritime makes a lot of sense. Boskalis eyes the long-distance ocean towage market, specifically the FPSOs and even more so the box-shaped hulls. Consider the future Equinor Brasil unit for instance, the FPSO for Bacalhau. Possibly three vessels of 300 tonnes bollard pull would be required for a wet tow since state-of-the-art Boka Vanguard for instance might not have the capacity to undertake a dry tow. What we see emerging is a second-to-none contractor capacity for long distance ocean towage. This is the opinion of our Managing Director Alexandre Vilela.