Tag: Petrobras

  • Petrobras Extends Safe Zephyrus Contract with Prosafe

    Petrobras Extends Safe Zephyrus Contract with Prosafe

    Petrobras and Prosafe have finalized a USD 109.7 million extension to the charter contract for the Safe Zephyrus semi-submersible platform. The vessel delivers essential offshore safety support and maintenance services.

    Initially set to conclude in February 2025 after a 650-day term, the contract has been extended by an additional 954 days, now running through September 2027. The agreement also includes an increase in the daily fuel allowance from 20 m³ to 25 m³.

    The Safe Zephyrus features advanced capabilities, including a DP-3 dynamic positioning system, a 1,000 m² deck area, two 50-ton cranes, accomodation for 450 persons, and a 12-point mooring arrangement—positioning it as a critical asset for offshore operations.

  • PRIO expands gas operations

    PRIO expands gas operations

    By Rafael Bortoloti

    Petrobras and PRIO have concluded an agreement that allows the private oil company to access the Integrated Natural Gas Transportation System of the Campos Basin and the Cabiúnas Gas Treatment Unit.

    As a result, PRIO will be able to use the pipeline network to transport and process natural gas from the Frade field, where the company holds a 100% stake, and from Albacora Leste, where it has a 90% stake.

    Earlier last week, PRIO announced the start of direct natural gas sales to the market, with a production of around 300.000 m³/day. The company expects a significant increase in natural gas production with the start of operations at the Wahoo field, reaching over 1 million m³/day.

  • Transpetro and Ecovix/Mac Laren

    Transpetro and Ecovix/Mac Laren

    Transpetro, Petrobras’ subsidiary, has finalized negotiations with the Ecovix and Mac Laren consortium for the acquisition of four handy-size tankers (15-18k DWT). Among 20 pre-qualified bidders, this proposal stood out with a unit price of USD 69.5 million, totaling USD 278 million (approx. BRL 1.6 billion).

    The contract is set to be signed in early 2025, when Transpetro/Petrobras also plans to issue a tender for eight gas carriers.

    WSB Advisors is proud to have served as a consultant to the winning group in this bidding process.

  • OSVs renewal fleet: Petrobras’ deals with Bram and Starnav

    OSVs renewal fleet: Petrobras’ deals with Bram and Starnav

    By Rafael Bortoloti

    Petrobras has signed contracts to build and charter 12 PSVs—six from Bramand six from Starnav,—totaling BRL 16.5 billion (USD 2.7 billion). Of this, BRL 5.2 billion (USD 0.83 billion) will support local content.

    The agreements include mobilization of approximately six years for construction and 12 firm years of operation. The vessels will be built at each companies’ own shipyards: Navship (Bram) and Detroit (Starnav).

    These contracts underscore Brazil’s growing need to renew its OSV fleet and mark another step in the revival of domestic shipyards, further strengthening the naval and offshore markets.

  • FPSO en route to Brazil

    FPSO en route to Brazil

    FPSO Alexandre de Gusmão departed China for Brazil to be installed in the Mero Field, Santos Basin, for Petrobras. Production is set to start in 2025.

    With a capacity of 180,000 boe/d and 12 million m³ of gas compression per day, the unit will increase Mero’s output by 31%, to a total of 770,000 boe/d.

    This is the fourth FPSO delivered to Petrobras in 2024, (Maria Quitéria, Duque de Caxias, and Almirante Tamandaré preceded).

    These additions help drive the OSV chartering opportunities.
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  • SLB strikes again

    SLB strikes again

    By Rafael Bortoloti

    SLB has secured two major contracts with Petrobras last week.

    The first, worth $800 million, covers integrated services for over 100 offshore fields operated by Petrobras. Set to begin in April 2025, the three-year contract emphasizes increasing local content.

    The second involves delivering two subsea raw seawater injection (RWI) systems for the P-74 and P-75 FPSOs in the Búzios Field, Petrobras’ largest asset. The contract will be executed by OneSubsea a joint venture between SLB, Aker Solutions, and Subsea7 and includes subsea pumps, umbilicals, and topside variable speed drives.

    “These contracts highlight SLB’s strong partnership with Petrobras. Competitive pricing and cutting-edge technology likely played a key role in securing these deals,” notes Daniel Buckley, Chartering Manager at WSB Advisors.

  • WSB Advisors at Asso31 Drydocking

    WSB Advisors at Asso31 Drydocking


    Our team visited with Renave Shipyard AHTS Asso Trentuno drydocking yesterday (December 11).

    The vessel is being prepared for the new charter with Petrobras after successfully completing previous contract. WSB Advisors is pleased to service Augusta Offshore S.p.A. / Asso Marítima Navegação Ltda as brokers and beyond, a partnership that lasts for nearly a decade.

    Want more details about the vessel and their contracts?

    Reach us at commercial@cms.oneenergynews.com or seek access to WSB. One, the most reliable offshore market database.

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  • Brazilian Shipyard Industry: an insight

    Brazilian Shipyard Industry: an insight

    By Rafael Bortoloti

    Is the Brazilian Shipyard Industry on the Brink of a Revival?

    Can the recent bids for OSV newbuildings suggest promising signs for the resurgence of Brazil’s shipyard industry?

    Transpetro has advanced with the tender for four handy-size tankers, and Petrobras has reopened the bidding process for the construction of the SEAP I and SEAP II FPSOs, emphasizing the importance of Local Content.

    At this week’s FPSO Supply Connections event, Petrobras President Magda Chambriard reaffirmed the company’s commitment to creating opportunities for the national industry, driving job creation and economic growth.

    Could this mark the beginning of a new chapter for Brazilian shipyards?

  • Gas in Colômbia: implications in Brazil

    Gas in Colômbia: implications in Brazil

    By Rafael Bortoloti

    Petrobras has confirmed the largest gas discovery in Colombia’s history at the Sirius-2 well, located 77 km offshore in 830 meters of water. The discovery exceeds 6 trillion cubic feet of gas, potentially boosting Colombia’s reserves by 200%.

    Production will begin with four wells, targeting 13 million cubic meters per day over the next decade. Petrobras owns 44.44% of the block, with Ecopetrol holding the remainder.

    The consortium plans $1.2 billion in exploration and $2.9 billion in production investments, aligned with Petrobras’ 2025-2029 Business Plan. While the gas will serve Colombia’s needs, Brazil will benefit economically as Petrobras operates the project, and Brazilian professionals may contribute to its execution.

    This discovery in the Guajira Offshore Basin, characterized by Tertiary sediments, is geologically distinct from Brazil’s Equatorial Margin. Operational logistics, such as OSVs, are expected to come from the U.S., given the proximity, says Anidio Correa, R&D – Environment Projects Lead at WSB Advisors.

  • Brazil FPSO roadmap

    Brazil FPSO roadmap

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  • Petrobras tender update

    Petrobras tender update

    By Alexandre Vilela

    Earlier this year, in March, WSB Advisors shared insights on Petrobras’s FPSOs SEAP I and II, predicting that securing their own units would be the most probable route, based on statements by Carlos Travassos at the time.

    Fast forward through two tender attempts, Petrobras has now returned to the market for the third time with a Build-Operate-Transfer (BOT) model. Under this model, the contractor is tasked with designing, constructing, delivering, and operating the units for a specific period before transferring both the asset and its operations to Petrobras.

    What’s new this time? SEAP II is now a firm commitment, while SEAP I has been set as an optional requirement. Petrobras believes the BOT model will tackle two critical aspects: accelerating delivery timelines and optimizing financing, while ultimately reducing operational costs once the units are fully transferred.

    Traditionally, chartered units are delivered faster but come with higher costs, while owned units, though more affordable in the long run, often face extended delivery timelines. It will be interesting to see how this BOT approach unfolds for these critical FPSO projects.

  • Petrobras RFI Offshore wind

    Petrobras RFI Offshore wind

    Petrobras has issued an RFI for a pioneering Offshore Wind pilot project near Porto do Açu, Rio de Janeiro. The initiative aims to install a high-capacity turbine (18MW+) 25km offshore, with 32km of submarine cables to form the interconnection system. The project may be contracted in parts or as a complete EPCI (Engineering, Procurement, Construction, and Installation) package.

    Set to launch operations by September 2028, the facility will supply power to the grid, off-grid projects, or support the electrification of E&P activities.

    This international RFI invites global expertise, particularly from regions like the North Sea, to strengthen Petrobras’ capabilities in offshore wind and foster the development of a robust supply chain for Brazil’s energy transition.