Tag: Shipbroking

  • equinor celebrates arrival

    Last week, Equinor celebrated the arrival of the Valaris drillship DS-17 in Rio de Janeiro
    to begin exploration in the Bacalhau field. The vessel will allow the company to increase the
    drilling capacity through a better understanding of the potential of the field.

    The contract has a duration of 540 days. This is the second drillship contracted by Equinor for exploration
    in the field. The first was Seadrill´s West Saturn which began operations in November last
    year. The DS-17 is an ultra-deep water vessel, capable of operating in water depths around
    3,600 meters.

  • equinor planning expansion

    equinor planning expansion

    Equinor plans to expand the oil production in Brazil more than five times in the next 10 years.
    Currently, the Norwegian company produces 90,000 barrels of oil per day (boed) while the
    expectation for 2033 is to reach 500,000 boed. In an event in Rio de Janeiro last week, the
    Norwegian company highlighted that it is betting on the Bacalhau field, in the Santos Basin, to
    reach the objective.

    Equinor has, since 2016, the participation in the field which began to be drilled
    last year. The expectation is to start producing il in 2025. The company is the second largest
    oil producer in the country, only behind state-owned Petrobras.

  • almirante barroso kicks in

    almirante barroso kicks in

    Last week, MODEC informed that FPSO Almirante Barroso MV32 started operations at
    Búzios field, pre-salt region of Santos Basin. The unit comprises the fifth production module
    of Búzios joining P-74, P-75, P-76 and P-77 which were already in production. Petrobras
    development plan for Búzios field foresees a total of 12 production units installed. According
    to Petrobras planning, the next unit targeted to start production at Buzios is FPSO Almirante
    Tamandaré, in 2024.

  • onesubsea and petrobras

    onesubsea and petrobras

    OneSubsea, a SLB company, has secured a contract with Petrobras for the development of
    the Buzios phase 11. The agreement involves the installation of 15 wet X-mas trees. The
    manufacture of the contract equipment will be carried out at OneSubsea’s facilities in Taubaté- SP and are likely to be delivered in 2025. Besides the contracts to supply equipment to Buzios, the company had also provided X-mas trees for Petrobras in other development phases of the Mero field as well as for another field 100% owned by Petrobras.

  • PRIO production

    PRIO production

    PRIO announced its preliminary and non-audited oil operational data for the month of
    May. Frade field had a production of 49.164 boepd which was impacted by a maintenance
    shutdown of three days at the beginning of the month. The cluster of Polvo and Tubarão
    Martelo fields reached a production of 17.716 boepd. In Albacora Leste field, where the
    company holds a 90% interest, production was 20.233 boepd and was impacted by a blackout
    in the FPSO that interrupted production for three days.

  • petrobras AHTS results

    petrobras AHTS results

    Last Tuesday, Petrobras received offers for their latest AHTS TS opportunity. With
    just 5 vessels presented, the early results pulled from Petrobras e-sourcing system
    showcased a significant increase in average rates when compared to the previous similar opportunities. Posidonia Shipping presented the AHTS Atlantic Kingfisher from Canadian
    Owners Atlantic Towing and managed to secure 1st place in qualification with a day rate of USD 44.975. CBO came just behind with AH Liguria which was offered at USD 46.950.


    Remaining offers were nearing USD 60.000, therefore more detached from the possible awarded vessels. This tender was aiming to charter only Brazilian Flag (or REB) vessels and just one small extension on the deadline was granted by Petrobras during the process, which really indicates that this opportunity was
    more directed to hire available vessel already in country.

  • equinor oil production

    equinor oil production

    Peregrino field, in Campos Basin, reached a production of 110 thousand barrels of oil per
    day. This number represents the maximum processing capacity of the FPSO Peregrino.
    After an extensive maintenance program, upgrades and repairs to the FPSO and
    installation of a new fixed platform, Peregrino C, in October 2022 Phase 2 of the field produced
    its first oil. The second phase extended the field’s life through 2040 and will add 250 to 300
    million barrels of oil to the field while halving CO2 emissions per barrel over the remaining
    life of the asset.

  • TotalEnergies offshore wind

    TotalEnergies offshore wind

    TotalEnergies, the French major, and the government of Rio de Janeiro signed a
    memorandum of understanding (MoU), which aims to collaborate with the development of
    the offshore wind generation industry in the Brazilian state. It is worth reminding that the
    two parties have already stated their interest in participating in the first offshore wind energy
    tender in Brazil due next year. The agreement covers two years and studies will be carried
    out on tax incentives as well as the expansion of the grid system for future projects.

  • equinor and modec

    equinor and modec

    As previously mentioned in our weekly market update, MODEC has signed a contract with
    Equinor to build the FPSO that will operate at BM-C-33 block, also known as Bacalhau field,
    in the Campos Basin. The new unit to be built by MODEC will bring several innovations, some of
    them related to carbon emissions such as the adoption of combined cycle gas turbines. With
    such technology, the average CO2 intensity of the BM-C-33 over the life of the field will be
    less than 6 kg per barrel of oil equivalent, while the global industry average is 16 kg. The BMC-33 project will also be the first in the country to process offshore gas and deliver it directly
    to the national grid without the need of onshore processing.

  • posidonia PSVs

    posidonia PSVs

    Posidonia Shipping, a shipping Company (EBN) with activities in both offshore support and cabotage segments in Brazil, has concluded the acquisition of two Brazilian flagged PSVs. The vessels were under construction at EISA shipyard but were never finished due to financial struggles from previous owners and the yard itself. Posidonia expects the reactivation of the vessels to take around 15 months to complete with a grand total of USD 70 million worth in investments. 

    Posidonia already has two other offshore support vessels operating in Brazil in partnership with German-owner UOS, the AHTS GH Navigator and AHTS GH Pathfinder. The Navigator has recently concluded a long-term charter with Karoon whilst the Pathfinder is still operating with Petrobras’s Cargo Transfer Vessel (CTV).

  • More oil in Atlanta

    More oil in Atlanta

    Enauta announced that it has found a new oil blend with “excellent petrophysical properties”
    in the Atlanta field, in the Santos Basin. The Brazilian independent estimates the volume
    at about 230 million barrels. The Brazilian company’s discovery is in the field’s Definitive
    Production System deployment area which should start operating in 2024, with initial
    production of 50.000 barrels of oil per day in Phase 1.

    The new discovery is in well 9 -SHEL-19D-RJS drilled in 2006. This was programmed
    with the objective of collecting information in conjunction with the drilling of well 7-ATL-7HA-RJS (“7HA”) which is part of a cloister of six wells under Phase 1 of the Atlanta Definitive System.

  • AH Valletta new contract

    AH Valletta new contract

    AHTS AH Valletta from owners CBO was chartered by Total Energies for 30 days firm
    to replace Siem Atlas while docking. Vessel is expected to be available by June 15th and
    currently sailing under Brazilian special register (REB) and has a 222 t bollard pull capacity