One Energy News

Tag: Shipbroking

  • Merger: Saipem and Subsea7

    Merger: Saipem and Subsea7

    By Rafael Bortoloti

    Saipem and Subsea7 have announced a preliminary agreement for a potential merger, signing a memorandum of understanding (MOU). If finalized, the deal will create a global energy services giant, possibly named Saipem7.

    The new company will have a combined backlog of €43 billion, revenue of approximately €20 billion, and an EBITDA of over €2 billion. Subsea7 shareholders will receive 6.688 Saipem shares for each share they hold, and both companies will split the capital of the merged entity equally.

    The announcement took the offshore market by surprise, as there had been no rumors of the transaction. However, mergers and acquisitions have become increasingly common since 2024, with moves like the formation of Brava, Wilson Sons’ sale to MSC, Boskalis acquiring ALP, and DOF acquiring Maersk.

    Is industry consolidation here to stay?

  • Allseas wins Petrobras EPCI contract for Búzios 10

    Allseas wins Petrobras EPCI contract for Búzios 10

    By Rafael Bortoloti

    Allseas has secured a contract with Petrobras for the engineering, procurement, construction, and installation (EPCI) of subsea infrastructure at Búzios 10, approximately 180 km offshore. The official value has not been disclosed but it is estimated at R$ 10.9 billion (US$ 1.75 billion).

    The operation is Expected to begin in Q3 2026, using the pipelayer Audacia with the installation of 111 km of rigid risers and flowlines in ultra-deep waters, with 40% local content to connect 16 wells to an FPSO.

    This contract strengthens Allseas’ position in Brazil, while the company is also bidding for the SURF contract at Búzios 11 and has recently opened an office in Rio de Janeiro.

  • WSB tips

    WSB tips

    Petrobras SDSVs Opportunity 7004370497 with new deadline: Apr 22nd, 2025.

    Petrobras hosted a live session to discuss hybrid propulsion for AHTS and RSV newbuild tenders, aiming for cleaner and more efficient fuel alternatives.

    Subsea7 issued an AHTS with ROV requirement for Búzios 8. If you want more details, please contact us.

    Foresea has formalized a new three-year contract for the drilling vessel Norbe IX (Santos Basin). With this agreement, the entire fleet is now under charter.

  • Petrobras Outlines Ambitious Investment Plan

    Petrobras Outlines Ambitious Investment Plan

    During Transpetro’s event launching the bid for eight gas carriers, Petrobras’ President Magda Chambriard detailed key projects and reinforced ongoing commitments:


    • “Hit the gas”: Increasing local content requirements from 40% to 65% for goods and services.
    • R$78 billion investment in Brazilian shipyards by 2026:
    • R$58B for 10 new FPSO processing plants.
    • R$20B for Offshore support vessels.
    • 10 new FPSOs coming online by 2029 (seven contracted, three still to be tendered).
    • 44 new vessels (OSVs & gas carriers) by 2026, backed by the Merchant Marine Fund and accelerated depreciation incentives.
    • Commitment to repurposing vessels in decommissioning at local shipyards.
    • Concern over pre-salt reserve depletion, stressing the need to develop the Equatorial Margin safely and efficiently.
    • R$40 billion investment in refinery expansion and fertilizer plants across Brazil by 2026.

    With this roadmap, Petrobras signals a strong push for national industry and energy security.

    What’s your take, can these initiatives reshape Brazil’s shipbuilding and offshore sectors?

  • Opportunity: new LPG bid

    Opportunity: new LPG bid

    Transpetro/Petrobras to Expand Fleet with New Gas Carrier Tender

    Transpetro (Petrobras) annouced the awaited public international tender for the construction of 8 Gas carriers to close in 90 days, to a total fleet after deliveries from 6 to 14 vessels.

    The tender features two batches:
    • Batch 1: 5x pressurized units (3x 7,000m³ capacity and 2x 14,000m³ each).
    • Batch 2: 3x semi-refrigerated units (10,000m³ each), Gas and Amonia (to expand into a market Transpetro is not currently exploring).

    “The expectation is that Transpetro will increase its transportation capacity from 36,000 to 108,000 cubic meters per month. This should be sufficient for Petrobras to meet its entire national demand,” says Daniel Buckley Chartering Manager at WSB.

  • Brava and Trafigura: agreement

    Brava and Trafigura: agreement

    Brava Energia has signed a contract to sell 6 million barrels of oil from the Atlanta Field consortium (80% Brava, 20% Westlawn) to Trafigura PTE, a global player in the trade and logistics of oil, refined products, metals, minerals, gas, and energy.

    According to Brava, the contract’s pricing is indexed to international low-sulfur bunker benchmarks.

    Production at the Atlanta Field is carried out by the FPSO Atlanta, which has a production capacity of up to 50,000 boe/d, can treat 140,000 barrels of water per day, and store up to 1.6 million barrels of crude.

  • BNDES: R$6 billion for Naval Projects

    BNDES: R$6 billion for Naval Projects

    By Rafael Bortoloti

    The Brazilian Development Bank (BNDES) has approved R$6 billion in credit for projects funded by the Merchant Marine Fund (FMM) in 2024, the highest amount in 12 years.

    This marks a significant increase compared to the period from 2019 to 2022, when only R$1.9 billion was approved. Additionally, the 2024 funding alone surpasses the total approvals from the previous seven years (2016-2022), which amounted to R$3.9 billion.

    The FMM is a financial fund dedicated to supporting Brazil’s merchant marine and shipbuilding industry. This funding aligns with the sector’s revival, as WSB has been reporting. Several shipyards are reopening, and new bids for OSV newbuilds are emerging.

    👉 Do you see this as a sign of a strong and lasting recovery for the industry?

  • Petrobras and Tranpetro: updates bids coming

    Petrobras and Tranpetro: updates bids coming

    Coming soon:

    Transpetro is about to release the Gas Carrier New Build tender. Monday next week? (17/2). Let’s stay tuned.

    The new tender shall come out to market in connection with the previous tanker handy-size being signed. Things are moving.

    “Way to go! Transpetro/ Petrobras The industry has entered an inevitable (and hopefully virtuous) newbuilding cycle which in good reason may last for at least a decade. The time is now”, says Alexandre Vilela, CEO of WSB Advisors.

  • Camorim: exciting news

    Camorim: exciting news

    By Rafael Bortoloti

    Camorim has officially started a four-year contract with Petrobras for the LH C-Salvador, supporting platform operations in the Campos Basin. But this isn’t the only reason for celebration.

    The company also marked the start of another four-year contract with Petrobras for the OSRV Aegis. Additionally, Camorim recently held the naming ceremony for the C-Albatroz, the third in a series of five vessels being delivered by Detroit Brasil shipyard. The C-Fênix and C-Falcão are already in operation, with the remaining two, C-Condor and C-Harpia, expected later this semester.

  • Porto Central and Equinor: transshipment operations

    Porto Central and Equinor: transshipment operations

    By Rafael Bortoloti

    Porto Central and Equinor have finalized a contract for oil transshipment operations at the port’s liquid bulk terminal using the Ship-to-Ship (STS) model. The facility, located in Presidente Kennedy at the southernmost tip of Espírito Santo, is set to begin operations in December 2027 after three years of construction.

    Positioning itself as a “diversified energy hub,” Porto Central is expected to transfer around 1 million barrels of oil per day. The terminal will accommodate large vessels, including VLCCs and Suezmax.

    “This contract is highly significant for both Equinor and Porto Central. It’s also worth noting that the terminal recently signed a similar agreement with a subsidiary of
    CNOOC International and renewed its decommissioning and recycling services contract with M.AR.S. Little by little, it’s becoming a major player,” says Daniel Buckley, Chartering Manager at WSB and tanker expert.

  • A memorable evening at rooftop

    A memorable evening at rooftop

    Yesterday (5/2), we had the pleasure of welcoming clients and friends for another relaxed and joyful evening at our Rooftop. The Carnival spirit is in the air, vibrant colors, great music, and an atmosphere of pure celebration!

    It was a fantastic night filled with laughter, great conversations, and, of course, the energy that Carnival season brings. A huge thank you to everyone who joined us! Let’s keep the party going all month long!

  • WSB.One: All information on your screen

    WSB.One: All information on your screen

    Do you get our updates on your email?

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

    To stay updated on the details and outcomes of these and future bids, follow us on LinkedIn.

    However, if you are looking for in-depth information on contracts, historical and current daily rates, contract durations, and charterers — empowering your decisions with unmatched accuracy and depth — Get in touch with our comercial department to have access to WSB. One.