One Energy News

Tag: WSB

  • 3D research to be made in Foz do Amzonas basin

    3D research to be made in Foz do Amzonas basin

    Companies CGG and TGS announced this week the second phase of the multiclient 3D research for the Foz do Amazonas basin, located in the equatorial margin off the north coast of Brazil. The data supplying companies shall provide high quality 3D coverage of 11.425 square kilometres that are going to be essential for the explorations in the region. Both companies see this new project as a strengthening and broadening of their positions and library data as well as a deeper understanding of the seabed.

  • Petrobras PSV tender

    Petrobras PSV tender

    At the end of last week, Petrobras received the offers for 3 of the 4 issued PSV tenders. The public opportunity for up to 20 PSVs had a total of 34 vessels (PSVs 3000, 4000 and 4500 DWT amongst them) presented in 17 of the 20 batches available for bidders’ choice. The most competitive offers were presented by CBO at USD 29,990.00/day, on the 4 years firm contract period batches, and rates ranged all the way till just above USD 40,000.00/day. The smaller vessels (DWT 3000) averaged a daily rate of USD 26.000,00 with the most competitive offer from WSUT at USD 24.990,00/day. Although both Brazilian and Foreign flag vessels were allowed to bid, most of the offers came from Brazilian/REB units with just 4 vessels presented under foreign flag. The Mero and ‘Búzios/Roncador’ opportunities were closed invitation processes (SEP) therefore all offers, and details are not publicized, although we have sent our closest clients the required information. Participants expect that the Brazilian flag tonnage will prevail, Petrobras to move fast and negotiate all opportunities in parallel.

  • Petrobras OSRV tender

    Petrobras OSRV tender

    Petrobras’ tender for the contracting of up to four OSRVs closed yesterday with the offers delivered. Owners are granted 120 days to mobilize the vessel with commencement scheduled for October 2023. Contract period is of 1460 days firm. Bram Offshore stroke the first four positions (C-Ambassador, C-Admiral, C-Sailor, C-Aclaim) at USD 18.222,00 followed by Marlin Yare and Singrar from Marlin Navegação and Navemestra respectively at USD 18.300,00 and USD 19.000,00. Petrobras’ final tender results with awards shall come out in the following weeks with rounds of technical approvals followed by negotiations.

  • Decommissioning activity (P&A)

    Decommissioning activity (P&A)

    Helix Energy Solutions recently announced a new deepwater well decommissioning (P&A) contract with Shell Brasil. The project is expected to start in 2024 with a 1-year firm contract period for the Bijupirá&Salema fields, located in Campos Basin. Helix will employ the riser-based well intervention vessel Q7000 for this project. The DP3 equipped vessel can perform production enhancement operations such as well clean-up and field development support as well as decommissioning activities in water depths up to 3,000 meters. Shell Brasil acquired the fields and FPSO Fluminense from Enterprise Oil in the early 2000’s becoming a pioneer on the offshore production in Brazil.

  • Equinor drilling in Bacalhau

    Equinor drilling in Bacalhau

    Equinor started drilling in Bacalhau field with drillship West Saturn. The Norwegian oil company is the first international operator to develop a pre-salt field in Brazil. Equinor counts with three large PSVs 4500 to support the campaign: CBO Wiser, Rem Mistral and Siddis Sailor all under Grupo CBO operation. West Saturn is chartered in for four years at Bacalhau field. In 2023, Valaris DS-17 will also be under charter for 540 days. Besides Bacalhau, Equinor concluded phase 2 of the Peregrino development phase in Campos Basin through the installation of a 3rd wellhead, Peregrino C. This milestone will extend the field life till 2040.

  • New contract for Maersk Vega

    New contract for Maersk Vega

    PSV 4500 Maersk Vega has been awarded a long-term contract with Trident Energy in Brazil. The Brazilian built DP2 vessel is being mobilized in Guanabara Bay. As reported in our previous Weekly Market Update, Trident recently chartered PSV 4500 Normand Titus from Solstad for one year firm. Maersk Vega and Normand Titus join PSV 3000 Mandrião from WSUT. All vessels are employed at Pampo and Enchova fields in Campos Basin.

  • Extend or re-bid?

    Extend or re-bid?

    As the market tights up, Petrobras sets the foot on the throttle to extend a pack of contracts expiring in 2022. However, that doesn’t mean less competition in currently open tenders. The extended contracts feature clauses where owners can bid on tenders, and in case of a delivery date (of the tender) falling within the extended contract period, the vessel can migrate from the extended contract into the new contract without any penalties. Petrobras playing smart. This is an interesting move that also benefits the owners and makes everyone comfortable. Win-win.

  • Petrobras AHTS tender results

    Petrobras AHTS tender results

    Last Friday Petrobras disclosed the partial results for lots A and B of the Multiple AHTS 18.000 tender. The opportunity, originally opened to offers over one year ago, had one winning proposal on for each of the two lots. AHTS Theseus Z was qualified by Petrobras in Lot A with a renegotiated day rate of USD 49.459,20, negotiated down from the initial USD 57.000,00 bid by the end of the reverse auction. In Lot B, Petrobras qualified Apollo Z for the AHTS-R scope, at an also discounted day rate of USD 65.057,90 from the starting USD 90.000,00/day proposed in the reverse auction. Today was the last day for other bidders in the process to present any claims towards Petrobras´ award decision.

  • Contract extension for DOF

    Contract extension for DOF

    Petrobras has awarded DOF a contract extension for AHTS Skandi Amazonas. The Norwegian vessel owner announced that the vessel shall remain in operation for the Brazilian national oil company until March 2023. The 21000bhp AHTS, built 2011, is currently flying Brazilian flag and has a 324 ton bollard pull capacity.

  • OSRV Market

    OSRV Market

    This week Equinor reached out to the market seeking an OSRV to cover the dry-docking of a vessel from its own offshore support fleet. In case of interest, owners must provide a DP2 vessel with 1050m3 oil recovery capacity, ORO class notation and valid OVID. Commencement is prompt.

    Also this week Petrobras issued a tender to charter up to four OSRVs. Owners are granted 120 days to mobilize the vessel with charter commencement scheduled for October 2023. Contract period is of 1460 days firm. As to the technical requirements, no major changes compared to previous similar tenders from Petrobras. The Brazilian oil major requires a DP1 vessel, built 1997 onwards and with 750m3 oil rec capacity. Owners have until November 17th to submit their offer.

  • New Petrobras Tender

    New Petrobras Tender

    Petrobras released this week a tender for the chartering of up to two 150 tons AHTS TS/TO type for four years firm. The units will be engaged on both towing and pull back operation in addition to offloading systems maintenance. Among the technical specification one item draws our attention: “Battery (Safety) – DNVGL” or “Electric Hybrid – BV” class certified. This is the first time Petrobras actually requests a hybrid vessel in a tender and according to WSB sources the only AHTS fitted with such battery today is the Maersk Minder operating on in the Norwegian and UK North Sea sector. According to local Owners, lead time for having a Battery Pack installed is delivery in 2024. The problem is, Petrobras established the start of operation between July and September 2023 leaving players in a tough situation with no choice other than appeal through the Petrobras clarification process.

  • Solstad strikes new contract

    Solstad strikes new contract

    Normand Titus 2014 built DP2 PSV from Solstad has been awarded a one year firm plus one year option contract by Trident Energy do Brasil. Commencement date is expected for early fourth quarter 2022. The vessel will support London based Trident activities at Pampo and Enchova fields in Campos Basin, which acquired from Petrobras in 2019. Normand Titus arrived in Brazil in early 2022 for her first job in national waters for Shell’s drilling campaign at block C-N-791 in Campos basin, performed with Seadrill’s drillship West Tellus.