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Tag: WSB

  • Special WSB: Por onde anda? Bravante VI

    Special WSB: Por onde anda? Bravante VI

    The former Brazilian PSV now operating as a Service Operation Vessel in the United States.

    The Bravante VI (IMO 9645621) followed a path that differs from most of the vessels featured in this series.

    Built in 2014 by Eastern Shipbuilding Group in Florida, the vessel was delivered to Boldini S.A., a company of Brazil’s Bravante Group, as a Platform Supply Vessel (PSV) designed to support the Brazilian offshore market.

    Measuring approximately 92 metres in length, with an 18-metre beam and DP-2 dynamic positioning, she was designed to transport cargo, equipment and supplies to offshore installations. At the time, Brazil was experiencing one of the strongest periods of demand for offshore support vessels, driven by Petrobras’ expanding offshore activities and the rapid development of the pre-salt fields.

    That scenario, however, changed quickly.

    From 2014 onwards, reduced Petrobras investment, the impacts of the Lava Jato investigations and an oversupplied OSV market triggered one of the most challenging periods ever faced by Brazil’s offshore support industry. Several shipowners underwent financial restructuring, contracts were terminated and part of the fleet was either sold or redeployed to other regions.

    Bravante VI became part of that movement.

    In 2022, the vessel was acquired by Hornbeck Offshore Services, one of the leading offshore vessel operators in the United States. Initially renamed HOS Rosehill, she returned to the same shipyard where she had been built for an extensive conversion project. Before re-entering service, she received her current name: HOS ROCINANTE.


    The conversion

    Rather than continuing to operate the vessel as a conventional PSV, Hornbeck chose to convert her into a Service Operation Vessel (SOV) — a category also commonly referred to as CSOV within the offshore wind sector.

    The project was carried out by Eastern Shipbuilding Group, the vessel’s original builder.
    While retaining the original hull, the conversion substantially changed her operational profile. The vessel received a motion-compensated walk-to-work gangway, a hybrid battery system, accommodation for up to 119 personnel, an S-92-certified helideck, a 3D motion-compensated offshore crane and infrastructure designed to support extended offshore campaigns.

    The former PSV was adapted to perform a completely different role, providing technical support, accommodation for specialised crews and safe personnel transfer during offshore operations.

    According to Eastern Shipbuilding Group and Hornbeck Offshore Services, HOS ROCINANTE is the first U.S.-flagged SOV converted from an existing offshore support vessel.

    Where is she now?

    Today, the former Bravante VI operates as HOS ROCINANTE, remaining in the Hornbeck Offshore Services fleet and operating along the U.S. East Coast.

    Recent public vessel tracking records indicate her involvement in activities supporting the Revolution Wind offshore wind project. Her trajectory also reflects significant changes in two different offshore markets.

    By the time she left Brazil, the country’s offshore support sector was still recovering from one of its deepest downturns, with limited demand for walk-to-work vessels. Investment remained largely focused on PSVs, AHTSs, RSVs and MPSVs supporting conventional oil and gas operations.

    In the United States, meanwhile, the expansion of offshore wind projects has created demand for vessels capable of accommodating specialised personnel, providing safe offshore personnel transfers and supporting extended offshore campaigns.

    Hornbeck’s decision also reflects a broader strategy that has become increasingly common across parts of the maritime industry. Rather than investing in a newbuild, the company selected a relatively modern hull, already built in the United States and compliant with the Jones Act, reducing delivery time, capital investment and project risk compared with commissioning a completely new vessel.

    The former Bravante VI therefore reflects three important developments over the past decade: the contraction of Brazil’s offshore support market, the international redeployment of offshore assets and the growing demand for specialised support vessels serving the U.S. offshore wind industry.

    It remains to be seen whether this project will remain an isolated case within the U.S. fleet or become a reference for future conversions of similar offshore vessels.

  • Petrobras extends NB AHTS bid following recent amendments

    Petrobras extends NB AHTS bid following recent amendments

    Petrobras has extended the submission deadline for Opportunity No. 7004345558, covering the long-term chartering of up to two newbuild Anchor Handling Tug Supply (AHTS) vessels, together with specialized technical services. According to the latest update published on Petronect, proposals are now due on June 22, 2026.

    The extension follows a series of recent amendments to the tender documentation, including changes introduced through Addendum K and new requirements related to shipyard commitments and financing arrangements.

    Among the most significant updates are the mandatory submission of a preliminary agreement with the selected shipyard, the binding nature of the nominated shipyard throughout the bidding process and the requirement for written evidence from a financial institution indicating the bidder’s ability to secure construction financing. Collectively, these requirements significantly increase the level of commercial, technical and financial preparation expected from participants before proposal submission.

    For the market, deadline extensions at this stage of Petrobras tenders are not unusual. As bidders incorporate the latest contractual and commercial requirements into their proposals, additional time often helps ensure greater alignment between Petrobras’ expectations and the documentation submitted by the bidders.

    Given the strategic importance of this opportunity for Brazil’s offshore newbuilding market, the additional time is expected to support more robust and competitive proposals while allowing bidders to properly address the changes, technical and financial requirements introduced into the tender.

    WSB Advisors will continue to monitor the opportunity and report further developments as they become available.

  • Open Tenders & More

    Open Tenders & More

    Dear All,

    WSB Advisors continues to track key offshore contracting activity in Brazil. Below are the latest tender updates currently open to the market.

    What has changed?

    • Petrobras — At least 1x FSC: Opportunity 7004601531, new deadline June 23rd, 2026
    • Petrobras — At least 1x OSRV 105: Opportunity 7004497861, new deadline June 24th, 2026

    Stay informed on key offshore developments — visit wsb-one.com, our data platform trusted by leading offshore companies.

  • Petrobras advances offshore decommissioning with new R$443.7 million contract

    Petrobras advances offshore decommissioning with new R$443.7 million contract

    Petrobras has awarded another significant contract as part of its offshore decommissioning strategy, reinforcing the growing pace of activity in one of the Brazilian offshore industry’s fastest-expanding segments.

    OceanPact secured the R$443.7 million contract to perform specialized subsea decommissioning services involving the disconnection and recovery of flexible risers and umbilicals associated with the P-18 platform in Marlim Field, Campos Basin. The scope includes subsea inspections, cutting, disconnection and recovery operations using Multipurpose Support Vessels (MPSVs), remotely operated vehicles (ROVs), heavy-lift cranes and other specialized subsea equipment.

    The award adds to a series of contracts announced in recent months as Petrobras advances one of the largest offshore decommissioning initiatives currently underway in Brazil. The company’s strategy continues to generate opportunities across multiple segments of the offshore supply chain, including subsea intervention, marine logistics, engineering, heavy offshore construction and environmental services.

    As more mature assets reach the end of their operational lives, Brazil’s offshore decommissioning market is becoming an increasingly important business segment rather than simply the final stage of an asset’s lifecycle. The trend is expected to drive long-term demand for specialized vessels, subsea contractors and integrated offshore solutions in the years ahead.

    Stay informed on key offshore developments — visit wsb-one.com, our data platform trusted by leading offshore companies.

  • Petrobras and Equinor expand partnership in the Campos Basin

    Petrobras and Equinor expand partnership in the Campos Basin

    Petrobras has signed an agreement to acquire a 50% stake in the Itaimbezinho block, offshore in the Campos Basin, from Equinor. With the deal, the consortium will have Equinor as operator with 50%, Petrobras with 50%, and PPSA as manager of the production-sharing contract.

    The acquisition strengthens the company’s presence in the region, where it is already active in Raia and Jaspe, and is included in Petrobras’ 2026-2030 Business Plan. Completion is subject to approval by CADE and the ANP.

  • Special WSB: Por onde anda? Vega Chaser

    Special WSB: Por onde anda? Vega Chaser

    Some vessels carry more than an IMO number. They carry the memory of a market being built.

    Vega Chaser is one of them. Back in 2013, through the former Westshore, we were directly involved in the successful delivery of a series of vessels contracted by Petrobras under the newly created Vega Offshore platform in Brazil. It was a formative moment for the Brazilian offshore support market: Petrobras was driving demand, OSRV opportunities were unfolding, and Vega Offshore was being structured to serve that new cycle.

    Our dear Camila Lopes worked alongside Patricia Barbula in that venture, helping turn a commercial opportunity into a real operating company in Brazil. Vega Chaser herself tells part of that story. Originally planned with an AHTS profile, she was ultimately adapted to the OSRV market as Brazil’s demand evolved around Petrobras’ requirements. Built at Fujian Southeast Shipyard, in China, she entered the market with the scale, class and versatility expected from that generation of offshore support vessels.

    Years later, Westshore would also promote the sale of Vega Chaser, together with Vega Challenger, to Oceana, supporting the opening of its EBN structure in Brazil. That move proved successful and eventually led the vessels into CBO, where they remained for a period as part of one of the country’s most respected offshore fleets.

    Vega Chaser would then move again, this time to Bravante, where she continued her career as an OSRV. Today, she is nearing completion of another drydocking cycle and preparing to mobilize once more for Petrobras under a new contract.

    That is what makes her story worth telling. Owners changed, structures changed, strategies changed and the market itself changed. But the vessel stayed relevant.

    As Mr. Møller liked to say: “The show is at sea.”

    And Vega Chaser is still part of the show.

  • Petrobras advances tenders and contracting activities for Sergipe

    Petrobras advances tenders and contracting activities for Sergipe

    Petrobras continues to advance the contracting phase of the Sergipe Deepwater Project (SEAP) following the approval of investments for both SEAP I and SEAP II.

    Among the main recent developments are the progress of the competitive process for the P-81 and P-87 FPSOs, which are expected to serve the project’s first two modules, as well as ongoing procurement activities for subsea equipment and Subsea Christmas Trees (SCTs).

    The company is also preparing new tenders associated with the field development, including packages related to subsea infrastructure and the gas export system.

    With investments approved and key contracts moving into definition stages, SEAP remains one of the largest offshore contracting fronts currently under development in Brazil.

  • Ocean Installer enters Brazilian offshore market

    Ocean Installer enters Brazilian offshore market

    Ocean Installer has secured its first contract in Brazil through Equinor’s Bacalhau development, marking the Norwegian company’s official entry into one of the world’s most active offshore markets.

    Announced on June 3, the award covers installation of rigid jumpers between flowlines and subsea trees, flying leads installation and pre-commissioning activities for multiple wells in Bacalhau Field, located in the Santos Basin. The contract has an initial duration of approximately 4.5 years, with the first offshore campaign expected to begin in 2027.

    More significant than the contract itself is the move behind it. Alongside the award, Ocean Installer confirmed the establishment of a Brazilian subsidiary and the hiring of its first local employees, signaling a long-term commitment to the country rather than participation in a single project.

    The development adds another international subsea contractor to the Brazilian market at a time when operators continue to advance large-scale pre-salt projects and demand for offshore installation services remains strong.

    Located in water depths of approximately 2,100 meters, Bacalhau is Equinor’s largest international offshore field and the first pre-salt asset in Brazil to be fully developed by an international operator.

    The company has also indicated that it views Brazil as a long-term growth market, supported by a significant pipeline of future subsea developments. The contract reinforces both the scale of opportunities still emerging from the Brazilian pre-salt and the continued attractiveness of the country for international offshore contractors seeking long-term growth.

    Stay informed on key offshore developments — visit wsb-one.com, our data platform trusted by leading offshore companies.

  • Introducing WSB One 2.0

    Introducing WSB One 2.0

    Less than a month ago, WSB Advisors launched WSB One 2.0, the newest generation of our maritime and offshore intelligence platform.

    The offshore market has changed dramatically over the past few years. Newbuilding programs are returning, fleet renewal is accelerating, chartering activity is increasing, and investment decisions are becoming more dependent on accurate, real-time information.

    WSB One 2.0 was developed with that reality in mind.

    What began as a platform focused on tracking the lifecycle of 627 offshore vessels, tankers and FPSOs has evolved into a much broader market intelligence ecosystem.

    The new version expands vessel specifications, chartering histories and fleet monitoring while introducing new layers of intelligence, including contractual information, tonnage analysis, circularization data, field and basin productivity indicators, shipyard activity, port intelligence and market-wide analytics.

    More importantly, it transforms that information into practical tools designed to support commercial, operational and strategic decision-making.

    Whether identifying market opportunities, evaluating fleet positioning, monitoring offshore activity or supporting business development initiatives, WSB One 2.0 provides a clearer view of the market environment in which decisions are made.

    Today, the platform serves not only companies, but also brokers, operators, investors, analysts, students and professionals seeking deeper insight into one of the world’s most dynamic offshore regions. Multiple subscription plans are available to meet different intelligence needs, from individual professionals to large organizations.

    And this is only the beginning.

    Visit wsb-one.com and discover the next generation of offshore market intelligence.

  • Open Tenders

    Open Tenders

    Dear All,

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

  • Special WSB: Por onde anda? LAB 152

    Special WSB: Por onde anda? LAB 152

    Not every offshore vessel leaves behind a trail that is easy to follow.

    Some spend years supporting offshore operations without attracting much attention. No headlines. No major contract announcements. No spotlight.

    LAB 152 was one of them.

    Built in 2008, the PSV entered service during one of the most significant expansion periods ever experienced by Brazil’s offshore industry. Petrobras was accelerating deepwater activity, demand for offshore logistics was growing rapidly, and support fleets were expanding to sustain the country’s offshore development.

    Operating under LABORDE SERVIÇOS MARÍTIMOS LTDA, LAB 152 belonged to a generation of vessels responsible for the daily routines that kept the offshore industry moving. Cargo transport, platform resupply, offshore logistics and a wide range of support activities formed part of the essential work that rarely made headlines, yet remained fundamental to offshore operations.

    With approximately 63 meters in length, a beam of 14.6 meters and a deadweight of around 1,448 tonnes, the vessel was part of a category that helped sustain offshore operations along the Brazilian coast.

    And then, the public trail begins to fade.

    Within WSB’s historical database, the most recent operational references identified for the vessel date back to 2015. After that, publicly available information becomes increasingly scarce. We found no major announcements, widely disclosed contracts, or easily accessible records explaining what happened next. That does not mean the vessel stopped operating, was scrapped, or left the market. It simply means that, from the perspective of publicly available information, her trail becomes difficult to follow.

    And that is precisely what makes this story interesting.

    Unlike other vessels featured in this series, the question is not necessarily where LAB 152 ended up, but whether anyone knows what happened afterward. Did she continue operating quietly? Is she laid up somewhere along the Brazilian coast? Was she transferred to another operation? Or is there a chapter of her history that simply never became public?

    For now, we do not have that answer.

    Which brings us to today’s question:

    Por Onde Anda? — LAB 152

    If you know, tell us.

    Next Thursday: “Por Onde Anda?” Stay tuned.

    Stay informed on key offshore developments — visit wsb-one.com, our data platform trusted by leading offshore companies.

  • SBM and Solstad – Joint Venture

    SBM and Solstad – Joint Venture

    SBM Offshore and Solstad Offshore have formed a joint venture to order a newbuild multi-purpose deepwater installation and construction vessel, with delivery targeted for the first half of 2029.

    The vessel will support the installation of ocean infrastructure, including FPSOs, and is designed for operations in both shallow and deepwater environments. The project builds on the long-standing cooperation between SBM and Solstad around the CSV Normand Installer, which has supported SBM’s offshore installation activities for years.

    Under the structure, Solstad Offshore will hold 50.1% of the joint venture, while SBM Offshore will own 49.9%. Solstad will act as ship manager and SBM will charter the vessel for its own offshore projects. When not required by SBM, the vessel may be chartered to third parties.

    The joint venture has already secured an initial 14-year charter agreement with SBM Offshore, guaranteeing minimum utilization of 270 days per year, with extension options that could add up to 11 additional years.

    The selected shipyard has not yet been disclosed.

    For Brazil, the announcement is strategically relevant. SBM remains one of the leading FPSO contractors active in the country, with exposure to major offshore developments and future deepwater projects. While no Brazilian assignment has been announced for the vessel, additional installation capacity could support SBM’s global FPSO pipeline, a portfolio in which Brazil continues to play a central role.