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Tag: OSRV

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.

29/07/2024
Disqualification of OSRV Vessels: Petrobras Update

By Omar Darian and Alexandre Vilela

CBO Rio vessel (Source: CBO)

Petrobras recently published the official ranking of proposals for the latest OSRV (Oil Spill Response Vessel) tender. 10 vessels were disqualified, 9 of which due to the mistaken submission of the fuel consumption spreadsheet, affecting 4 distinct owners. Currently, 13 vessels remain under consideration, divided into 2 lots.

Root cause: An initial error in the documentation package provided by Petrobras, which included the wrong spreadsheet (PSV consumption scenarios instead of OSRV). In Q&A Circular 6 of 8, a corrected spreadsheet was made available, but many participants missed this update.

What lesson can be learned from this tender process? Your insights and comments are welcome.

For the complete list of disqualified vessels and owners, as well as those still under consideration, please check the image below

10/07/2024
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.

20/06/2024
Petrobras: chartering news

Newbuilding tender: Petrobras opens for all tenderers (no pre-qualification). Also, PEOTRAM only demanded upon contract commencement. Maximum of 4 vessels per bidder remains.

AHTS: New tender coming still within May 2024.

OSRV: New tender coming November 2024.

PSV: Three of five tenders still coming out this year. More flexibility: Mob and demob to be allowed on foreign flag vessels offers + 60 days firm offer short from originally 120 days added of automatic 60 days validation only if offer qualify.

PSV 2025: Two tenders already confirmed for 2025.

These news from LOEP. US-SUB demands and tenders not included on this note.

17/05/2024
OSRV Market

This week Equinor reached out to the market seeking an OSRV to cover the dry-docking of a vessel from its own offshore support fleet. In case of interest, owners must provide a DP2 vessel with 1050m3 oil recovery capacity, ORO class notation and valid OVID. Commencement is prompt.

Also this week Petrobras issued a tender to charter up to four OSRVs. Owners are granted 120 days to mobilize the vessel with charter commencement scheduled for October 2023. Contract period is of 1460 days firm. As to the technical requirements, no major changes compared to previous similar tenders from Petrobras. The Brazilian oil major requires a DP1 vessel, built 1997 onwards and with 750m3 oil rec capacity. Owners have until November 17th to submit their offer.

31/10/2022
Petrobras closes OSRV 750 tender

As it is customary every year in chartering for Petrobras, another OSRV 750 tender has closed this week. However this time, things are looking a little brighter on the Owners’ side. Bidders had the option to offer in 2 lots, based on different mobilization windows. There were 13 vessels offered in Lot A, Bravante’s Viking Thaumas had the most competitive rate after the auction at USD 19.900,00. In lot B, 16 vessels were presented, with Astro Mero in first place at USD 20.150,00. As a consequence of high utilization of Brazilian builts and low availability of tonnage for reflagging purposes, the offshore support market has been picking up, with rates increasing across the board for all kinds of vessels. And it would not be different in this bid. When compared to the last OSRV 750 bid issued by Petrobras in the end of 2021, this represents almost a 30% increase on daily rates. Tender will now proceed to the offer validation phase by Petrobras, but should any hirings be confirmed at or around these levels, it will be the highest OSRV rates chartered by Petrobras since 2016.

02/08/2022