We are thrilled to announce that the closed voting for the WSB Choice Awards 2024 is nearing its conclusion. Very soon, you will have the chance to participate in the public voting right on LinkedIn, as well as on our WSB Website and other channels.
Stay tuned for the upcoming announcement of the nominees! To make sure you don’t miss any updates, follow our page and turn on notifications.
We want to hear from you! Comment below which categories you’re most excited about. The awards will be presented at our WSB Offshore Seminar 2024 in September.
Don’t miss your chance to support and celebrate excellence in our industry!
Tag: offshore
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WSB Choice Awards 2024 Update
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FPSO Almirante Tamandaré en route to Brazil
The FPSO Almirante Tamandaré has departed from China en route to Brazil. Built at the CMHI shipyard, the FPSO will operate in the Búzios Field in the Santos Basin and will have the capacity to produce up to 225,000 boed. In March of this year, Petrobras reached a cumulative production of 1 billion barrels of oil in Búzios, with the combined output of five units operating in the field.
This is the third FPSO to leave China for Brazil this year. The Maria Quitéria departed in May and is currently rounding Africa. It is expected to arrive in Brazil in the last quarter of this year.
The Marechal Duque de Caxias left the Asian country in February and has been in Brazil since May, about to commence operations.
Another FPSO in the final adjustment phase is the Atlanta, which left Dubai in March and arrived in Brazil in May, to work for Enauta. -
Petrobras: new tender for OSRV
Petrobras released a new tender to charter up to six more OSRVs, for contracts of 4 years firm duration. Vessels hired in this opportunity are set to begin operations by November 2025 or May 2026, depending on which of the two availbale batches Owners will offer for.
Only Brazilian flagged vessels (or REB) are eligible to participate. Proposals are due by August 15th. Petrobras is considering vessels built 1997 onwards, with DP-1 capabilities, complete oil spill response equipment and 750m³ oil rec capacity.
This tendering process comes out to the market two weeks after Petrobras disclosed the classification of their latest OSRV opportunity, in which almost half of the contenders were disqualified as a result of failing to comply with that tender’s document submission requirements, following revisions from Petrobras towards the end of that process.
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Ocyan signs contract with Petrobras for Búzios
Ocyan has entered into a contract with Petrobras valued at approximately R$ 750 million for maintenance and other maritime services in the Búzios field, situated in the pre-salt region of the Santos Basin, about 180 km off the coast of Rio de Janeiro city. The agreement is set to last for four years, with an option to extend for an additional 320 days. The specific start date of the contract has yet to be determined.
For further information, please contact comercial@cms.oneenergynews.com. -
DS-17 and Equinor: a new deal
Equinor has announced that the Valaris Limited drillship DS-17 will undertake drilling duties for six wells in the Raia Project, located in the pre-salt Campos Basin. The contract’s total value is estimated at USD 498 million, covering standby periods, mobilization, modifications, and integrated services. The agreement spans approximately 852 days.
Drilling operations are slated to commence in 2026, with production at Raia expected to start by 2028. Currently, DS-17 is already engaged by Equinor in the Campos Basin’s Campo de Bacalhau until June 25. During this period, the contract allows for the drillship’s potential deployment in “alternative work.” DS-17 is an advanced ultra-deepwater drillship designed to operate in water depths exceeding 3,600 meters.
Additionally, Equinor has secured agreements with SLB, Baker Hughes, and Halliburton for supplementary services at Raia, valued at around USD 109 million. SLB will serve as the primary service provider. For further information, please contact comercial@cms.oneenergynews.com. -
IBAMA on Strike: The Why and the Consequences
The ongoing IBAMA strike has severe implications for the Oil & Gas industry, potentially resulting in a loss of between 80,000 and 220,000 barrels of oil per day. Delayed drilling and well connection campaigns are just the tip of the iceberg. The true impact is felt in the day-to-day operations, where a slower environmental authority leads to significant operational setbacks. Critical vessels enlisted in emergency response plans cannot be readily replaced, and production fields in need of maintenance face delays, risking operational integrity.
A close source from an independent oil company highlighted a specific case where a simple valve replacement on a well is stalled due to the mandatory approval process from the authority, which is now delayed by the strike.
The root cause of this strike lies in the outdated collective agreement for IBAMA personnel, last updated in 2014 and only enforced in 2025. Despite a decade passing, IBAMA remains one of the few institutions where employees do not receive incremental compensation for working in remote or hazardous locations. The career structure and plan, envisioned for a 22-year program, remain unchanged since its inception.
The industry is calling for urgent action, and it is imperative that the concerns of Ibama personnel are addressed promptly. -
New contracts for DOF
DOF Group announced charter contracts for AHTSs Skandi Jupiter and Skandi Mercury chartered to Petrobras three-years firm contracts with options, commencement 2nd half 2025. Both vessels sail under Norwegian flag and currently operate in the North Sea.
Additionally, DOF has signed MPSV Skandi Salvador, currently employed by Petrobras in the Libra Field. According to DOF the vessel has been contracted to support ‘1st level EPCI-SURF’ operations. The specific contracting company was not disclosed by DOF but our market intel team informed that Subsea7 is the charterer. -
Special WSB: Announcing the WSB Choice Awards 2024
Westhon through WSB Advisors, is thrilled to launch the WSB Choice Awards 2024, recognizing excellence across various categories. The closed voting has begun, and we are excited to announce that public voting will commence in August with the reveal of the nominated finalists.
Stay tuned for more updates and get ready to cast your vote for the best in the industry! -
Petrobas new tender: LH 2500
By Rafael Bortoloti
Petrobras opened a bid for chartering of up to five vessels of the LH 2500 type. The contracts will be valid for 1460 days, starting in the first half of 2025. The proposals will be divided into three lots (see details at the end of the report).
The oil company requires vessels to have been built from 2006 onwards, 45 tons of bollard pull and 92 m2 of deck capacity. There aren’t specifications regarding the maximum or minimum draft or the length of the vessel.
Contracting Procedure: Bidding by closed dispute mode, with judgment based on lowest price classifications per item.
Important days
*Proposal submission begins: July 11, 2024, at 20:00. (LT)
Proposal opening: August 1, 2024, at 17:00. (LT)
For more information or support, contact us at comercial@cms.oneenergynews.com
*Batches and Starting Data:*
– Batch 1: Starts in February 2025, execution of 1460 days.
– Batch 2: Start in March 2025, execution of 1460 days.
– Batch 3: Start in April 2025, execution of 1460 days.
Opportunity number: 7004289829 -
Biodiesel in Marine Fuels: A New Milestone
ANP (Source: Agência Brasil) ANP (National Oil Agency) authorization to sell bunker fuel with up to 24% biodiesel. Building on the success of 2022 tests with 10% biodiesel, which achieved a 7% reduction in emissions, the new B24 blend is expected to achieve an impressive 17-19% reduction in emissions.
This initiative aligns with the current PSV new building tender, where the use of biofuels is mandatory. Petrobras is committed to completing an industrial cycle where engine manufacturers will ensure that the added biodiesel does not compromise engine guarantees — addressing a significant challenge faced by owners during this transition phase.
The B24 biodiesel blend primarily consists of soybean and bovine tallow oils. Notably, the ANP authorization is exclusive to Petrobras, with the biodiesel blending to take place at Petrobras terminals instead of refineries, ensuring stringent control measures. -
Strategic Move: Strengthening Brazil’s Naval and Offshore Sectors
Transpetro, the transportation and logistics subsidiary of Petrobras, has announced a substantial investment in building a new fleet of vessels. This initiative underscores a commitment to modernizing their infrastructure and stimulating economic growth in the maritime sector.
This ambitious plan begins with an international bid for the construction of four tankers vessels, each one between 15,000 to 18,000 deadweight.
The first is expected to be launched in the first half of 2026, with subsequent ships following at six-month intervals until mid-2028. This initiative is part of Petrobras’ Strategic Program for 2024-2028, which includes a comprehensive plan for fleet renewal.
One of the most compelling aspects of this project is the emphasis on supporting Brazilian shipyards. As highlighted by Transpetro CEO Sergio Bacci, domestic shipyards will have access to the Merchant Marine Fund (FMM), providing them with a competitive edge.
Current deadline to send proposals: October 7, 2024
For further information, please contact us on comercial@cms.oneenergynews.com -
MODEC: Thirteen FPSOs chartered and two under construction
MODEC has demonstrated resilience and continued leadership in Brazil’s FPSO market despite the conclusion of the Shell Fluminense FPSO contract and Enauta‘s decision not to purchase the Cidade de Santos. The Japanese company remains a dominant force, with a fleet of 13 chartered vessels, as highlighted by WSB.One, most of which are contracted with Petrobras.
MODEC’s FPSOs consistently deliver impressive production figures. In May, FPSO Guanabara, operating in the Mero field in the Santos Basin, achieved outstanding performance with a production of 179,546 barrels of oil and 11.68 million cubic meters of gas, per day. Other noteworthy FPSOs include Cidade de Angra dos Reis and Cidade de Itaguaí, both located in the Tupi field, the largest oil-producing field in Brazil.
MODEC is further progressing with the construction of the Raia and Bacalhau FPSOs, for Equinor, Campos and Santos Basins, respectively.
MODEC FPSOs in Brazil
– FPSO Anita Garibaldi (Petrobras Marlim field, Campos Basin)
– FPSO Almirante Barroso (Petrobras Búzios field, Santos Basin)
– FPSO Guanabara (Petrobras Mero field, Santos Basin)
– FPSO Carioca (Petrobras Sépia field, Santos Basin)
– FPSO Cidade de Campos dos Goytacazes (Petrobras, Tartaruga Verde and Tartaruga Mestiça, Campos Basin)
– FPSO Cidade de Caraguatatuba (TotalEnergies, Lapa field, Santos Basin)
– FPSO Cidade de Itaguaí (Petrobras, Tupi field, Santos Basin)
– FPSO Cidade de Mangaratiba (Petrobras, Tupi field, Santos Basin)
– FPSO Cidade de São Paulo (Petrobras, Sapinhoá field, Santos Basin)
– FPSO Cidade de Angra dos Reis (Petrobras, Tupi field, Santos Basin)
– FPSO Cidade de Santos (Petrobras, Uruguá-Tambaú field, Santos Basin)
– FPSO Cidade de Macaé (Petrobras, Marlim Sul, Roncador and Marlim Leste fields, Campos Basin)
– FPSO Cidade de Niterói (Petrobras Marlim Leste Field, Campos Basin)