One Energy News

Tag: Shipbroking

  • Coming Soon: The All-New WSB. One

    Coming Soon: The All-New WSB. One

    More than a database — a story of vision, purpose and relentless curiosity.

    WSB. One was born nearly a decade ago from a conversation between Alexandre Mattar Vilela, CEO of WSB Advisors and Westhon and Joana Paula Rodrigues, then a newly appointed shipbroker with a passion for research. What started as an internal effort to organize operational, commercial and regulatory data has grown into a benchmark for offshore market intelligence and positioned Joana as the natural leader of our upstream data efforts.

    “I joined WSB in 2015, eager to learn the intricacies of the offshore world. With Alexandre’s encouragement, I set out to build the tool we needed — one that would merge technical insight with accessibility. My curiosity and commitment to transparency shaped WSB. One and I’m proud to see it evolve,” says Joana, affectionately known as the platform’s ‘mother’.

    Now, we’re about to unveil a fully revamped WSB.One —
    – Smarter interface
    – Richer local data
    – Seamless experience
    – Precision and detail unmatched by any other tool in Brazil

    A new standard in decision-making is coming.


    Stay tuned!

  • Offshore briefing

    Offshore briefing

    Offshore Briefing — Drilling, Merchant Marine Fund, and New Charter Awards

    • Petrobras has started drilling the 9-BUZ-103D-RJS well in the Búzios field, located in the Campos Basin. The operation is taking place in 1,700 meters of water depth and is being conducted by the drillship Atlantic Zonda, owned by Eldorado Drilling and operated by Ventura Offshore.

    • Revenues from the AFRMM (Additional Freight for the Renewal of the Merchant Marine) reached BRL 2.2 billion in the first half of 2025, a 15% increase over the same period in 2024. Net revenue totaled BRL 1.9 billion, up 8.6%. Disbursements from the Merchant Marine Fund (FMM) reached BRL 979 million, largely driven by vessel and port infrastructure financing. Reimbursements to Brazilian Shipping Companies (EBNs) totaled BRL 333 million — 72% higher than the first half of 2024.

    • Solstad Offshore confirmed a contract award for the CSV Normand Mermaid with U.S. based SAExploration. The agreement, valued between USD 10 million and USD 30 million, is set to begin in July 2025 for 150 days with potential extensions. The scope also includes two Work Class ROVs, tooling and inspection services to be provided by Omega Subsea.

    Stay updated on key developments in Brazil’s offshore sector — visit WSB. One, our intelligence platform used by leading offshore companies and follow us on LinkedIn and Instagram.

  • Offshore Highlights: Early Milestones, FPSO Tenders and Project Updates

    Offshore Highlights: Early Milestones, FPSO Tenders and Project Updates

    – Repsol Sinopec announced that the FPSO for the Raia Project has successfully left dry-dock, 24 days ahead of schedule. In parallel, IBAMA has issued the Maritime Installation License, authorizing the beginning of offshore pipeline installation activities.

    – Instituto Brasileiro do Meio Ambiente e dos Recursos Naturais Renováveis – Ibama -has also granted PRIO the preliminary environmental license for the development system of the Wahoo field and its connection to the FPSO Valente (formerly FPSO Frade). This enables the company to move forward with the licensing process needed for subsea construction and tieback execution.

    – According to BNamericas, five major players: Shapoorji Pallonji Group, MISC Group, MODEC, Ocyan and BW Offshore, are preparing bids for Petrobras’ P-88 FPSO, which will support the revitalization of the Albacora field in the Campos Basin. Relaunched under the Build-Operate-Transfer (BOT) model in March 2025, the FPSO is scheduled to begin operations in 2030, with a processing capacity of up to 120,000 barrels of oil per day. Bid submissions are due by October 1.

    – BRAVA Energia confirmed the successful connection of wells 2H and 3H to the Atlanta Project. Both wells were previously part of the early production system via the FPSO Petrojarl I and are now undergoing testing and automation phases. Production may fluctuate during stabilization, but the company expects to reach peak output and operational efficiency in the coming months.

    – Petrobras has extended the deadline for opportunity no. 7004436596, which refers to the potential charter of up to one “MUF PSV”. The new submission deadline is July 23rd, 2025

    Stay informed on key offshore developments — visit WSB. One, our data platform trusted by leading offshore companies, and follow WSB Advisors on LinkedIn and Instagram.

  • WSB tips – Open tenders & more

    WSB tips – Open tenders & more

    By Maria Eduarda Camba

    Hi, All

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

    What has changed?

    Petrobras has extended the deadline for opportunity no. 7004436596, which refers to the potential charter of up to one “MUF PSV”. The new submission deadline is July 23rd, 2025.

    Petrobras has extended the deadline for opportunity no. 7004436597, which refers to the potential charter of up to one PSV with GC. The new submission deadline is August 1st, 2025.

    Petrobras has extended the deadline for opportunity no. 7004439824, which refers to the potential charter of up to seventeen PSVs. The new submission deadline is August 8th, 2025.

    Petrobras has extended the deadline for opportunity no. 7004478234, which refers to the potential charter of up to six SOVs. The new submission deadline is August 13th, 2025.

  • Petrobras P78 – tunrkey model

    Petrobras P78 – tunrkey model

    Seatrium has officially reinforced that Petrobras contracted the FPSO P-78 under a full turnkey model — a first for the Brazilian operator in FPSO development. While common in the O&G sector, turnkey contracts remain rare for FPSOs, making this case especially notable.

    Under this model, the contractor is fully responsible for the entire project lifecycle: engineering, procurement, construction, integration, testing, commissioning and final delivery of a fully operational Floating Production Storage and Offloading unit. Petrobras, as the client, will simply “turn the key” to begin operations.

    The FPSO P-78 recently departed Singapore and is en route to Brazil, where it will be installed at the Búzios field in the pre-salt Santos Basin. The platform is scheduled to start production in 2025, with a capacity of up to 180,000 barrels of oil and 7.2 million cubic meters of natural gas per day.

    The unit is part of Petrobras’ pre-salt expansion strategy. By the end of 2027, the company expects to deploy four additional FPSOs in the Santos Basin: P-79, P-80, P-82 and P-83.

    Discover WSB.One, our proprietary offshore intelligence platform used by top industry players for commercial positioning and strategic decisions.
    Follow WSB Advisors on LinkedIn and Instagram for more insights.

  • Equinor: Raia Offshore License Granted

    Equinor: Raia Offshore License Granted

    Raia Gas Pipeline Secures Installation License from Instituto Brasileiro do Meio Ambiente e dos Recursos Naturais Renováveis – Ibama

    Equinor has received the installation license from Ibama for the offshore segment of the Raia Project gas pipeline in Brazil’s Campos Basin. The approval enables the company to begin offshore construction of the 200-kilometer pipeline that will connect the Raia FPSO to the Cabiúnas gas treatment hub in Macaé.

    Scheduled to start operations in 2028, the project is expected to supply up to 15% of Brazil’s natural gas demand, playing a key role in strengthening the country’s energy security and industrial development. According to Equinor, the initiative could generate up to 50,000 direct and indirect jobs throughout its lifecycle.

    Raia is one of the largest natural gas developments in the country, operated by Equinor (35%), alongside Repsol Sinopec (35%) and Petrobras (30%). The project will handle up to 16 million cubic meters of natural gas per day and holds recoverable oil and condensate reserves exceeding 1 billion barrels of oil equivalent (boe).

    The FPSO will process both gas and condensate on board, with natural gas transported to shore via the subsea pipeline and liquids offloaded by shuttle tankers. Notably, the project emphasizes local content: more than 99% of the 20,000 tons of steel used for the gas pipeline were produced in Brazil.

  • Letter of Intent for Floatel Victory

    Letter of Intent for Floatel Victory

    Floatel International has received a Letter of Intent for the 2013-built Floatel Victory as a Maintenance and Safety Unit (UMS), providing maintenance support and accommodation services offshore Brazil. The operation is scheduled to start in the first quarter of 2026, with a firm duration of three to four months and an option for extension.

    While the company did not disclose the client’s name, Equinor appears to be the front-runner. The Norwegian operator is currently employing the Floatel Victory on the Peregrino FPSO, under a contract recently extended through the end of 2025. This operational continuity suggests that the LOI may well be tied to a follow-up phase of that campaign or a new scope within the same asset.

    At the same time, PRIO emerges as another plausible option.

    Who do you think is behind this charter: Equinor, Prio or another major player?

  • Open Tenders & More

    Open Tenders & More

    By Maria Eduarda Camba

    Dear All,

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

    Open tenders:

    What has changed?

    • Petrobras SEP Up to 1x PSV MUF: Opportunity 7004436596 new deadline July 15th, 2025;
    • Petrobras SEP Up to 1x PSV GC: Opportunity 7004436597 new deadline July 25th, 2025;
    • Petrobras Up to 17x PSVs : Opportunity 7004439824 new deadline July 25th, 2025;
    • Petrobras SEP Up to 6x PSV : Opportunity 7004431928 new deadline July 25th, 2025;
    • Petrobras Up to 6x SOVs : Opportunity 7004478234 released July 1st, 2025.

    What else is happening?

    • Bram Atlas started a 4-year contract with Petrobras, early this month!
    • Valaris secures a US$ 498 million deal with Equinor for the Raia Project. Operations with drillship Valaris DS-17 expected to start Q1, 2026.
    • Constellation brought Tidal Action to Brazil for its debut in Petrobras’ Roncador field. A seventh-gen giant ready for 3,600m water depths and 12,000m wells.
  • Strategic Developments in Maritime Financing and Shipbuilding

    Strategic Developments in Maritime Financing and Shipbuilding

    Brazil’s Merchant Marine Fund (FMM) has approved R$7 billion in financing priorities across 98 projects, primarily targeting vessel construction and modernization. Notably, over R$3 billion will support PSVs and RSVs, while R$1.1 billion is earmarked for the concession of the access channel to the Port of Paranaguá, marking the first infrastructure concession of its kind in the Brazilian port sector.

    Meanwhile, in a historic global move, the Shanghai Stock Exchange has given the green light for the merger of China’s two major state-owned shipbuilders, CSSC and CSIC. Valued at US$16 billion, the deal creates the world’s largest shipbuilding conglomerate with combined assets of approximately US$56 billion. The new CSSC will play a dominant role in shaping the future of the global maritime industry.

    *Source: “Portos e Navios”

  • Offhsore moves: Chartering & strategy

    Offhsore moves: Chartering & strategy

    Chartering & Strategy

    Subsea7, through the Subsea Integration Alliance (SIA), has secured a contract with Equinor to conduct concept studies for Phase 2 of the Bacalhau field in Brazil’s pre-salt Santos Basin.

    The strategic alliance between Subsea7 and SLB OneSubsea brings together teams from the UK, Norway and Brazil.

    Phase 1, expected to start production later this year, is already considered a technological benchmark. The Bacalhau FPSO, featuring MODEC’s next-generation M350 hull, will have a processing capacity of 220,000 barrels per day and connect 19 subsea wells in ultra-deep waters.

    With estimated recoverable reserves exceeding 2 billion barrels of oil equivalent, Bacalhau is operated by Equinor in partnership with ExxonMobil, Petrogal Brasil S.A. and PPSA (Pré-Sal Petróleo S/A).

    Meanwhile, Solstad Offshore has officially signed a long-term contract with Petrobras for the AHTS vessel Normand Turquesa.

    The contract is scheduled to begin in February 2026 and will run for four years, with an estimated gross value of approximately USD 84 million. This agreement follows a series of recent awards between Solstad and Petrobras, reinforcing the vessel’s owners strong positioning in Brazil’s deepwater support segment.

    To know more, visit: cms.oneenergynews.com or contact us: Comercial@cms.oneenergynews.com

  • Porto Central: agreement with Repsol

    Porto Central: agreement with Repsol

    Porto Central, currently under development in southern Espírito Santo, has announced a strategic partnership with Repsol Sinopec to carry out future crude oil transshipment operations at its planned liquid bulk terminal. Operations are expected to begin in 2027 using Very Large Crude Carriers (VLCCs) adding significant capacity to Brazil’s maritime oil infrastructure.

    According to research by WSB Advisors, Porto Central will become only the second public

    port complex in Brazil with infrastructure capable of handling operations at this level of complexity. The only facility with such capabilities currently in operation is the Port of Açu, located roughly 150 kilometers away.

    “The agreement is another clear testament to Porto Central’s potential as a key hub for VLCC-scale oil transshipment through ship-to-ship operations. Since last year, the port has secured major agreements with Petrobras, Equinor and CNOOC – also renewed a partnership with M.A.R.S. to develop Brazil’s first Ship Recycling and Decommissioning Yard,” notes Daniel Buckley, Chartering Manager at WSB Advisors and tanker specialist.

  • Market News: FPSO, investments and Subsea projects

    Market News: FPSO, investments and Subsea projects

    This week, Brazil’s energy sector has taken another decisive step toward growth and diversification with key announcements involving upstream, downstream and subsea segments.

    McDermott has signed a “sizeable” contract with BRAVA covering the transportation and installation of flexible pipelines, umbilical and subsea equipment for new wells in the Papa-Terra and Atlanta fields. The agreement also includes pre-commissioning and onshore support services. The contract value ranges between $1 million and $50 million.

    Meanwhile, Siemens and Seatrium have been selected to supply the compression systems for Petrobras’ FPSOs P-84 and P-85. The two units, central to Petrobras’ pre-salt expansion strategy, are expected to enter production by 2030. The total value of the supply contract is approximately R$ 2 billion.

    Last Friday (4), Petrobras announced a R$ 33 billion investment plan focused on refining and petrochemicals at the Duque de Caxias Refinery (Reduc), in partnership with Braskem. The initiative revives major projects in the downstream segment and includes pilot production of Diesel R and Sustainable Aviation Fuel (SAF), improved integration with the Boaventura Energy Complex and expanded investment in workforce development.

    Adding to this, Petrobras is now seeking to attract Chinese investment to support its naval and logistics infrastructure. A memorandum of understanding (MOU) signed in Rio de Janeiro brings together major Chinese firms such as COSCO SHIPPING, Offshore Oil Engineering Co. and China State Shipbuilding, along with Brazilian shipyards including

    Estaleiro Mauá S/A, Enseada, Estaleiro Atlântico Sul and Estaleiro EBR (Estaleiros do Brasil Ltda), Petrobras and Transpetro will act as anchor clients with plans to commission 52 vessels and five FPSOs by 2026. The partnership aims to inject capital and technology into Brazil’s shipbuilding industry, aligning with government efforts to reindustrialize the sector after a long period of decline.