BP has confirmed the presence of oil and gas traces at the pioneer well 1-BP-13-SPS, located in the Bumerangue block in Brazil’s pre-salt Santos Basin. The well is situated in 2,300 meters of water and is being drilled by the Valaris Renaissance drillship, with operations having started in late May. The Bumerangue block was fully acquired by BP during Brazil’s 2022 production-sharing bidding round.
In addition to Bumerangue, BP operates four exploration blocks in Brazil, including Tupinambá (also with 100% interest) and Pau Brasil, where it holds a 50% stake alongside partners CNOOC International and Ecopetrol. The company also maintains interests in various blocks across the Barreirinhas and Campos basins.
Tag: WSB
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Oil traces detected
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WSSV Bid
Petrobras has announced the final results of its tender for the charter of up to three Well Stimulation Support Vessels (WSSVs), initially launched in 2024. The selected contracts will have a fixed duration of 1,330 days – approximately three and a half years – with operations expected to begin in April 2027 or within 510 days from the contract signing date.
Three vessels have advanced to the final shortlist phase, one step before official contract award: the Stim Star, operated by Halliburton, the Blue Marlin and Blue Orca, both operated by Baker Hughes.
For more information, see the graphic below or contact us at: comercial@cms.oneenergynews.com.
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Latest news
Petrobras has postponed two tender opportunities to August 8, 2025. The first refers to Opportunity No. 7004431928, covering up to six PSVs – SEP. The second, Opportunity No. 7004460732, involves the charter of up to three SOVs.
According to BNamericas, Petrobras is evaluating a new subsea system named Hisep 2, designed to separate and reinject CO₂ directly on the seabed, making it possible to commercialize natural gas. This innovation reinforces the company’s strategy to expand domestic gas supply while advancing its decarbonization agenda. The first unit, Hisep 1, is already under construction by TechnipFMC in Rio de Janeiro and is scheduled for installation in 2028 at the Mero 3 field, in the pre-salt.
The company has also initiated drilling activities at well 4-BRSA-1402-RJS, located in the Alto de Cabo Frio Central block in the Campos Basin. The operation is being carried out by the West Polaris drillship, owned by Seadrill. In June, Petrobras had already confirmed signs of oil in a nearby well within the same block. The area was acquired in 2017 and is being developed in partnership with BP, with both companies holding equal stakes. -
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!
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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
– 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
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. -
WSB tips – Open tenders & more
WSB is pleased to provide an update on the current long-term tenders that are open to offer.
Petrobras SEP Up to 1x PSV MUF: Opportunity 7004436596 new deadline July 22nd, 2025;
Petrobras Up to 3x SOVs: Opportunity 7004460732 new deadline July 31st, 2025;
Solstad Offshore has secured a new contract with Petrobras for the Construction Support Vessel Normand Pioneer. The 180-day charter, valued at USD 17M (mob included) , is expected to commence in October 2025.
BR do Mar decree signed, promoting greener shipping and cutting freight costs by up to 15%, with R$19B annual savings. -
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
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
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
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.