Tag: offshore

  • Baker Hughes extends deal with Petrobras

    Baker Hughes extends deal with Petrobras

    Baker Hughes has announced the expansion of its contract with Petrobras to provide integrated well construction solutions across oilfields in Brazil’s Santos Basin. The agreement strengthens the company’s role in offshore operations linked to the development of Brazil’s pre-salt resources.

    The project includes the deployment of advanced drilling technologies, such as rotary steerable systems, logging-while-drilling tools and extended-life drill bits for deepwater wells. According to the company, the solutions are expected to improve operational efficiency and support access to subsurface reservoirs.

    The work will be carried out jointly by Baker Hughes’ Integration & Solutions team and Petrobras’ wells team, also covering services related to cementing, wellbore clean-up, fluids and geosciences.

  • Baúna projetct resumes production

    Baúna projetct resumes production

    Karoon Energy has resumed production from the Baúna Project in the Santos Basin, offshore Brazil, following completion of a planned 28-day shutdown for maintenance and revitalization activities.

    Production resumed on May 13, 2026, after the shutdown began on April 14. Following the ramp-up process, Baúna is currently producing approximately 11,500 barrels of oil per day.

    Karoon expects an additional 9,000 to 10,000 barrels of oil per day to return around mid-year, subject to the successful replacement of the Electric Submersible Pump (ESP) in SPS-92 and the recovery and reconnection of the PRA-2 umbilical, scheduled for early Q3 2026.

    The maintenance scope included replacement of several piping sections, including parts of the production header system, upgrades to critical systems, and replacement of structural components and fittings. The campaign also included surface treatment, painting activities across several areas, and underwater hull inspections on the FPSO Cidade de Itajaí.

    According to Karoon, the shutdown was completed on schedule and is expected to remain within budget. The company also stated that the broader flotel-supported maintenance and revitalization campaign is expected to improve system stability and support FPSO operational efficiency levels between 90% and 95%.

    The Baúna field remains one of Karoon Energy’s core producing assets in Brazil’s offshore sector.

  • MARKET NOTE | OFFSHORE & MARINE

    MARKET NOTE | OFFSHORE & MARINE

    Petrobras has officially postponed the closing date for Opportunity No. 7004345558, related to the chartering of up to two AHTS vessels along with the provision of specialized technical services.

    The bid, originally scheduled to close today, May 27, has now been rescheduled to June 16, 2026.

    The move further increases market attention surrounding what is widely seen as one of the most significant offshore support vessel tenders in Brazil this year, particularly for the marine support sector and potential newbuild activity within the country’s shipbuilding industry.

    WSB Advisors will continue monitoring the next developments related to this opportunity.

  • R.I.P. Johannes Solstad

    R.I.P. Johannes Solstad

    The offshore industry has lost one of its true pioneers.

    Johannes Solstad, founder of Solstad Offshore, passed away peacefully at nearly 96 years of age — leaving behind a legacy that helped shape the modern offshore shipping industry.

    His life story mirrored the evolution of Norwegian maritime history itself.

    From sailing as a chief officer on transatlantic passenger routes between Norway and the United States, to serving as a merchant fleet captain and later founding Solstad Rederi at just 34 years old, Johannes Solstad belonged to a generation that transformed maritime entrepreneurship into global offshore leadership.

    As Norway’s offshore era emerged alongside the development of the North Sea oil industry, Solstad became one of the companies that helped define the sector’s operational standards, vessel capabilities, and long-term vision.

    What stands out most, however, is not only the scale of the company he built — but the fact that, until very recently, he still maintained a genuine daily interest in vessels, seafarers, operations, and the market itself.

    That kind of connection to the industry cannot be manufactured. It comes from a lifetime at sea.

    At WSB Advisors, we recognize the importance of figures like Johannes Solstad to the global marine and offshore community. Leaders whose stories became part of the industry’s own history.

    Our thoughts are with the Solstad family, friends, and the entire Solstad organization during this moment of loss.

    Fair winds and following seas, Captain.

    Offshore #Marine #Shipping #Solstad #OffshoreShipping #MaritimeIndustry #Norway #Legacy #WSBAdvisors

  • Open Tenders

    Open Tenders

    By Maria Eduarda Camba

    WSB Advisors OPEN TENDERS

    Dear All,

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

    New opportunities were released across ongoing Petrobras tenders. Below are the latest changes monitored by WSB Advisors.

    What has changed?

    • Petrobras — At least 1x OSRV 105: Opportunity 7004497861, released June 10th, 2026

    Stay informed on key offshore developments — visit wsb-one.com, our data platform trusted by leading offshore companies.

  • ANP sets date for 2026 O&G bidding rounds

    ANP sets date for 2026 O&G bidding rounds

    Brazil’s National Agency of Petroleum, Natural Gas and Biofuels (ANP) has scheduled the public bid sessions for the 6th Cycle of the Permanent Concession Offer (OPC) and the 4th Cycle of the Permanent Production Sharing Offer (OPP) for October 7.

    Under the concession regime, the upcoming round may include five marginal accumulation areas and 495 exploratory blocks. The production sharing model is expected to include 23 blocks located within Brazil’s pre-salt polygon.

    Currently, 36 companies are registered for the OPC and 15 for the OPP. Companies may still apply to participate until June 5.

    ANP is expected to announce the sectors and blocks included in both cycles on August 6, while declarations of interest and bid guarantees must be submitted by July 21.

    The upcoming rounds reinforce Brazil’s position as one of the world’s most active offshore exploration markets, particularly amid continued interest in deepwater and pre-salt opportunities.

  • Saipem and Petrobras – MoU focuses on Brazil decomissioning

    Saipem and Petrobras – MoU focuses on Brazil decomissioning

    Saipem and Petrobras have signed a one-year Memorandum of Understanding (MoU) to evaluate and potentially develop integrated solutions for decommissioning activities in Brazil. The agreement covers well abandonment and plugging operations, aiming to improve efficiency, sustainability and innovation levels in end-of-life infrastructure activities.

    It is important to note that the document is non-binding, meaning that any future developments will depend on additional agreements between the parties. As part of the cooperation, Saipem and Petrobras will also assess partnerships with companies and institutions specialized in decommissioning, as well as the development and implementation of new technologies, methodologies and integrated solutions for this specific segment.

    The collaboration also includes the evaluation of logistical and operational alternatives, such as the use of drilling units and vessels, in addition to enhancing existing practices to overcome technical and operational challenges associated with offshore decommissioning activities in Brazil.

  • Special WSB: Por Onde Anda? Skandi Amazonas

    Special WSB: Por Onde Anda? Skandi Amazonas

    By Romulo Bacchiega

    A vessel that deserves more respect than speculation

    Some vessels become known because they disappear from the radar, change names, lose purpose, or end up as footnotes in the offshore market.

    Skandi Amazonas is the opposite.

    This is not a story about a forgotten vessel. It is a story about one of the most remarkable offshore support vessels ever built in Brazil — and about a crew that, when faced with a real emergency, did exactly what highly trained seafarers are expected to do.

    I have a personal connection with this vessel.

    I was there when Skandi Amazonas was built, at the shipyard then known as STX Brazil, on Ilha da Conceição, in Niterói. I worked in the Supply Chain department and was directly involved in procurement, inspections, equipment deliveries, and the complex chain of systems and materials that gradually transformed steel plates into one of the most powerful AHTS vessels ever delivered by a Brazilian yard.

    I saw the vessel take shape from the beginning: steel cutting, block assembly, launch, outfitting, commissioning, sea trials, and delivery to DOF Navegação in 2010.

    At the time, Skandi Amazonas was a Brazilian shipbuilding milestone. At 95 meters in length, with 300 tons of continuous bollard pull, hybrid diesel-mechanical-electric propulsion, DNV class, and a design developed by STX Norway Design, she was not an ordinary vessel. During trials, she exceeded her own specifications, reaching a maximum bollard pull of 343 tons.

    More importantly, she then went to work.

    For more than fifteen years, Skandi Amazonas operated in Brazil doing exactly what she was built to do. Quietly, consistently, and under some of the most demanding offshore conditions in the world. In plain language: she became a battle horse.

    Then came the incident near Macaé.

    The vessel reportedly struck a rocky formation near the Santana Archipelago while approaching the anchorage area. The hull was damaged, water ingress followed, and the situation required immediate decision-making.

    Skandi Amazonas
    Skandi Amazonas (Source: DOF)

    That is where the tone of the story should change.

    What some people rushed to describe as failure may, in fact, become a case study in emergency response.

    The master diverted the vessel to a safer position and executed a controlled grounding maneuver to prevent a worse outcome. Non-essential personnel were evacuated. Essential crew remained on board. There were no reported injuries. No pollution was recorded. The vessel remained under control.

    This is not luck. This is training.

    And it is precisely here that the public narrative around the incident became unfair.

    In the days that followed, social media did what social media usually does: it converted a complex maritime event into simplified outrage. Some used the episode to speak about royalties. Others used it to attack offshore activity. Some tried to turn it into a labor issue. Others treated the image of a grounded vessel as proof of systemic negligence.

    That is not serious analysis.

    Offshore operations are not risk-free. They never were. Ships are not supposed to hit rocks, just as aircraft are not supposed to encounter runway excursions and cars are not supposed to crash. Yet incidents happen in every serious industry involving machines, weather, human judgment, geography, and operational pressure.

    The question is not whether an incident occurred.

    The question is what happened after it occurred.

    And in this case, what happened after the incident was exactly what should happen: command decision, emergency procedure, evacuation of non-essential personnel, preservation of life, environmental control, technical assessment, and mobilization of support resources.

    That is the part many people chose not to see.

    The causes still need to be investigated. Was there an issue with charted seabed information? Did tide conditions play a role? Was the vessel returning through the same safe track previously used? Was there a navigational error, a distraction, or a combination of factors? These questions belong to the formal investigation — not to social media tribunals.

    Until then, speculation is not expertise.

    There is also an important point about DOF.

    Anyone who knows the offshore market knows that DOF is not a casual operator. It is one of the most respected names in the sector, with high standards on board, strong safety culture, and a long track record in complex subsea and offshore operations. To use this incident as a shortcut to attack the company, the crew, or the profession says more about the critics than about the facts.

    Working offshore is demanding. It requires discipline, competence, and resilience. But it is also a profession supported by rules, training, classification standards, audits, emergency procedures, and a level of operational structure that many land-based activities simply do not have.

    Let us be honest: is the controlled evacuation of a well-managed offshore vessel, with trained personnel, support craft, emergency protocols, and no pollution, necessarily more dangerous than a truck driver crossing the Rio–São Paulo Dutra at night? More dangerous than driving through Linha Vermelha? More dangerous than the daily risks people accept without reflection on Brazilian roads?

    Risk exists everywhere. The difference is that offshore, risk is managed professionally.

    The sea can be dangerous. So can a highway. So can a construction site. So can, frankly, a bathroom shower on the wrong day. The presence of risk does not make an activity reckless. It makes competence essential.

    And competence was visible here.

    Skandi Amazonas hit a rock. That should not have happened. But once it did, the response protected lives, prevented pollution, and preserved the vessel for recovery and repair.

    That matters.

    This vessel was proudly built in Brazil. It was a complex project, extremely well executed, and it has served the Brazilian offshore industry for more than a decade and a half. It deserves better than lazy conclusions.

    Skandi Amazonas will be assessed, repaired, and returned to service if technically viable. As it should be.

    And to the crew: congratulations.

    You kept your vessel safe.

    That is the real story.

  • Staff Announcement – Vanessa Costa

    Staff Announcement – Vanessa Costa

    WSB Advisors is pleased to announce the arrival of Vanessa Costa as the company’s new Brokerage & Commercial Strategy Lead. With more than 15 years of experience in the energy and offshore sectors, Vanessa brings a unique combination of technical expertise, commercial vision and international market knowledge.

    A Chemical Engineer graduated from PUC-Rio, she built a solid career in the Oil & Gas industry, with extensive experience in business development, commercial strategy and offshore operations across Latin America.

    A significant part of her professional journey was built at bp/Castrol, where she held technical and commercial roles across the LATAM region from 2016 to 2024. During this period, Vanessa strengthened relationships with global partners, managed strategic commercial contracts and actively contributed to initiatives focused on ethical leadership, diversity and innovation within the energy sector.

    Throughout her career, she also developed expertise in offshore market dynamics, vessel operations, energy transition and international business development, becoming a respected voice within the industry.

    At WSB Advisors, Vanessa will focus on expanding brokerage opportunities, strengthening strategic commercial relationships and supporting the company’s continued growth in Brazil and international markets.

    In addition, she will reinforce the existing commercial structure, bringing a collaborative approach and strong market intelligence to ongoing and future projects. Her arrival represents another important step in WSB Advisors’ commitment to delivering high-level strategic solutions to the maritime, offshore and energy industries.

    Welcome to the team!

    #offshore #shipbroking #wsb #staffannouncement #commercial

  • Breaking news

    Breaking news

    Wilson Sons tugboats surrounded the MSC Katrina into Guanabara Bay. The impressive New Panamax vessel measures 366 meters in length. Part of the operation could be seen directly from our office in downtown Rio de Janeiro.

    Petrobras announced R$ 37 billion in investments in the state of São Paulo through 2030, with a focus on refining, biorefining, E&P, decarbonization, and sustainable energy generation projects. Part of the investment will go to the Paulínia Refinery, which will receive R$ 6 billion to expand production capacity and strengthen the supply of more sustainable fuels.

    Petrobras reported net income of R$ 32.7 billion in the first quarter of 2026, up 110% compared to the previous quarter. The result was driven by higher production, stronger Brent prices, and improved operational performance.

    MSC Katrina
    MSC Katrina (Source: Porto do Rio)
  • Capital Marítima announces Petrobras contract

    Capital Marítima announces Petrobras contract

    Capital Marítima has announced a new contract with Petrobras, marking a significant step forward in the company’s expansion within Brazil’s offshore support market. The agreement involves the vessel Ace Defender, a Platform Supply Vessel (PSV) that will now join Petrobras’ operations under a time charter contract with a fully integrated crew package.

    Headquartered in Barra da Tijuca, Capital Marítima operates in the offshore marine sector with a portfolio focused on vessel ownership and operations, offshore and port support services, coastal shipping, Ship-to-Ship (STS) operations, and the development of integrated marine solutions for Brazil’s energy industry.

    Under the time charter agreement, the Ace Defender will be delivered fully crewed and ready for immediate deployment, strengthening Petrobras’ operational capabilities in the offshore marine support segment. The vessel will become part of the fleet dedicated to the logistical support of deepwater and ultra-deepwater operations, a market segment experiencing continued growth amid rising demand for specialized marine services in the oil and gas industry.

    The new contract represents an important milestone for the company and highlights the growing participation of qualified Brazilian shipowners in supporting Petrobras’ offshore operations, further reinforcing the expansion of the country’s maritime industry.

    WSB Advisors will continue monitoring Capital Marítima’s development as the company further consolidates its position within Brazil’s offshore support vessel market.

  • Special WSB: Por Onde Anda? Petrobras P-16

    Special WSB: Por Onde Anda? Petrobras P-16

    She had no disaster named after her.
    No inquiry. No memorial. No court case running twenty years later.
    Just steel. Just sea. Just oil — for decades, in 300 meters of South Atlantic waters.

    Platform P-16 — Petrobras XVI — was a semi-submersible of the pioneering Roman-numeral generation that quietly built Brazil’s offshore industry. Processing up to 20,000 barrels a day. Displacing 18,000 tonnes of seawater. Floating on two submerged pontoons, anchored to the Campos Basin floor, holding position while the South Atlantic did its worst.

    She was a laboratory as much as a platform. Flexible risers tested on her flanks. Subsea manifolds connected below her. Engineering knowledge that would later carry Brazil into 1,500 meters — into 2,000 — into the pre-salt layer that changed global energy.

    She didn’t go there. But the engineers who did learned their craft on her.

    In 2017, Petrobras auctioned her alongside six sister platforms at the Port of Aratu, Bahia. Seven units. US$ 83.5 million combined. The P-16 left with a new owner, without her name, headed most likely to a breaking yard.

    An estimated 10,000 tonnes of steel. Returned to the market. Recycled into other things.

    Where is P-16 now?

    She isn’t anywhere.
    She is everywhere steel goes when the sea is done with it.

    — WSB Advisors tracks the vessels the industry forgets.