Petrobras Contract News

Esgian's last roundup of the year for the Week 52 puts spotlight on new developments for Dolphin Drilling semisub, Seadrill drillships, as well as Shell’s plans for Australia and ONGC’s new tender for jackups in India.ContractsDolphin Drilling has signed a Letter of Intent (LOI) with an undisclosed operator for the 1,500-ft semisubmersible Borgland Dolphin to undertake a 500-day drilling campaign in the UK. The drilling campaign is planned to begin directly after the firm part of the contract period with EnQuest, which was announced in late November 2023.

Oslo-based subsea well intervention and installation services company AKOFS Offshore has signed a three-year contract with Brazil's Petrobras for its vessel Skandi Santos.Under the contract, the Skandi Santos will perform a broad scope of subsea services in Brazil. The services will start in Q4 2022 and the total contract value is about $107 million. AKOFS Offshore, owned by Akastor AS (50%), Mitsui & Co., Ltd (25%), and Mitsui O.S.K. Lines, Ltd. (25%)., will be performing the Skandi Santos operations with its partners Bravante for marine services and IKM Subsea for ROV services.The Skandi Santos is designed to install and retrieve subsea trees and modules, including subsea structures and manifolds at water depths of up to 2,500 meters.

Malaysia International Shipping Corporation Berhad (MISC) announced that its wholly-owned subsidiary, AET Tanker Holdings Sdn Bhd, has been awarded long-term charter contracts for three newbuilding Suezmax DP2 Shuttle Tankers from Petróleo Brasileiro S.A. – Petrobras of Rio de Janeiro, Brazil.AET, the petroleum shipping unit of MISC and specializes in the global ocean transport of petroleum, will own and operate the newbuilding Suezmax DP2 Shuttle Tankers for operations in Brazilian and international waters.The estimated contract value is USD525.6million and the charter is expected to commence in 2022, said a release.The new long-term…

With the ongoing development of deepwater pre-salt plays and a decreased demand on local content in tankers and other vessels, Brazilian national operator Petrobras and other super-majors have been looking abroad for better rates and reliable operators of shuttle tankers. Claudio Paschoa, Maritime Reporter’s correspondent in Brazil spoke to Peter Liew, Global Director – Mid Size Tankers, Crude Shipping, about AET Tankers’ history and its operations in Brazil.AET (formerly American Eagle Tankers) was founded in Houston in 1994 primarily to conduct lightering operations in the Gulf of Mexico. The company’s fleet grew to 32 vessels (mainly Aframax tankers but also two VLCCs) by 2003, when acquired by MISC Berhad.

Petroleum tanker owner and operator AET announced the extension of partnership in the DP2 shuttle tanker sector with Petróleo Brasileiro S.A.(Petrobras), the Brazilian multinational petroleum corporation. "Recently we were awarded a contract to own and operate four specialist DP2 Suezmax Shuttle Tankers on long-term charter by Petrobras. These new vessels will be in addition to the two AET DP2 ships currently on charter in the Brazilian Basin for Petrobras," said a press release from the company. The four 152,000 DWT DP2 shuttle tankers will be built by a Korean shipyard for delivery in 2020 and will be contracted to Petrobras for operations in international and Brazilian waters.

Subsea 7 has received an early termination of the day-rate contract for its pipelay support vessel (PLSV) Seven Mar from the state-owned Brazilian firm Petrobras. The termination is effective January 16, 2017, the company informed. The contract was due to expire next year. The Brazilian government has reportedly withdrawn the operating license for the vessel to prioritise ships within its own fleet. As a result of early termination the group backlog has diminished by approximately $106 million, Subsea 7 said on Monday. Seven Mar is 145 meters in length and has a beam of 27 meters. The vessel can accommodate 121 people. This is the second time for the Seven Mar to receive an early termination from Petrobras due to prioritization of Brazilian-flagged vessels.

Norwegian offshore service company DOF has been awarded a charter contract by Brazilian energy major Petrobras for its pipe-laying support vessel Skandi Vitória.   The contract will commence in January for 532 days. The vessel is owned through a joint venture with Technip.    Skandi Vitoria is the first pipe-lay vessel built in Brazil, equipped with vertical and horizontal pipe-lay systems, a 250 mt crane and 2 ROVs. The vessel is capable of operating in water depths up to 3,000 meters.    Mons Aase, CEO of DOF, said that the contract “confirms the DOF Group’s strong position in the South America region.”   In January, DOF was awarded a three-year firm contract by Total Austral in Argentina for anchor handling tug supply vessel Skandi Pacific.

Norwegian provider of offshore service vessels for the oil and gas industry Farstad Shipping ASA has entered into two charter contracts in Brazil. Both vessels were hired by the Brazilian state-owned oil and gas company Petróleo Brasileiro, more commonly known as Petrobras. Petrobras has awarded the PSV Far Strider (1999, VS 483, 4,709 DWT) a 4 year contract with expected commencement in April 2016. Petrobras has also awarded the AHTS BOS Turquesa (2007, UT 722 L, 18,088 BHP) a 1 year contract with a further 1 year option. The vessel has commenced the contract. "This is positive for the company, and a confirmation that we are succeeding in a demanding market," says Karl-Johan Bakken, CEO of Farstad Shipping ASA.

The official christening of the World Sapphire marks the completion of a six-ship order whereby Damen Shipyards has delivered six Platform Supply Vessels (PSVs) to Norwegian company World Wide Supply (WWS) AS in just six months. The Damen PSV 3300 features a radical design rethink, with a wave piercing bow, slender hull lines and diesel electric propulsion with azimuth stern drives, combining to optimize seakeeping and fuel efficiency. The 80.1 m, 1,500-metric-ton deck capacity vessel also has DP2 capability.

Aker Solutions has laid the foundation stone of a new plant in Paraná that will double the company's subsea production capacity in Brazil. The plant in the city of São José dos Pinhais in the Paraná state in Brazil will be operational in 2015. It will replace Aker Solutions' current subsea manufacturing facility in Curitiba and double production capacity in the country. Aker Solutions' Executive Chairman Øyvind Eriksen and Luis Araujo, president and country manager of the company's Brazilian operations, today took part in a ceremony laying the foundation stone at the new site.

MAN Diesel & Turbo SE wins Petroleo Brasileiro (Petrobras) contract extension for maintenance, repair & operational support of 20 MAN THM gas turbine trains. The contract extension covers four offshore platforms in the crude oil and natural gas exploration area off the north-east coast of Rio de Janeiro. The agreement spans five years and is the second extension of this service contract, which was originally signed in 2002. The value of the agreement is Euro 150 million. The gas turbines drive ten gas compressors and ten generators on the Petrobras platforms Cherne 1 and 2…

Wärtsilä Hamworthy has won a contract to supply its Flare Gas Recovery packages to four floating production, storage and offloading (FPSO) units under construction for Petrobras. The units, each of which will be able to handle 150,000bpd, are to be deployed on the pre-salt fields, off Santos, Brazil. Three of the FPSOs will be utilised for Block BM-S-11 Lula (Tupi) and one will go to Block BM-S-9 Guara. “We have developed a strong position in the growing market for flare gas recovery as offshore operators seek greater efficiency over increasing environmental concerns due to flaring…

GE (NYSE: GE) Oil & Gas has announced that its Wellstream business, acquired in March, has been awarded a long-term, flexible pipe and subsea equipment logistics services contract by Petróleo Brasileiro S.A. (Petrobras), one of the largest companies in Latin America which also controls significant energy assets in 18 countries worldwide. The long-term contract is initially valued in excess of $200M. To perform the long-term contract, GE will build a dedicated 55,000 sq. meter, $90M investment Wellstream flexible pipe and subsea equipment Logistics Base in Niterói, a commercial hub located 14 kms outside Rio de Janeiro. Petrobras will use the new facility to support its development of pre-salt oil and gas field projects in the Campos and Santos basins offshore Brazil.

The rise and fall of the Brazilian shipbuilding market is well-known, having plummeted from the top of the world list in the early 1980s to the bottom by 1999. Today, Brazil is storming back, an amazing revival of the nearly defunct shipbuilding industry driven by the sudden influx of orders from major offshore oil & gas players, namely Petrobras. Today the shipbuilding market in Brazil has in excess of 100 firm orders for ships in a variety of shapes and sizes, in addition to a large number of drill rigs and production unit orders. In addition, companies from around the globe are flocking to Brazil to set-up shop and engage in the industry’s renaissance.

Subsea 7 Inc. (OSE Symbol: SUB), through its i-Tech division, announced the largest single contract award to i-Tech since the formation of the division in January 2006. The award from Petroléo Brasileiro S/A (Petrobras) is for the provision of ROV and intervention tooling services onboard a minimum of 20 and a maximum of 30 offshore drilling units. The contract value is estimated at a minimum of $250m with the potential for up to $405m, dependent upon the number of units awarded and the number of personnel deployed. i-Tech will provide a newly designed ROV based on its successful Centurion QX work-class ROV. The ROV systems will be mobilised in Brazil onboard rigs currently on hire to Petrobras and onboard a number of new build rigs.

Rolls-Royce announced a new order from the Brazilian state oil company, Petrobras, for an additional four gas turbine power generation packages valued at $73m for use on a new offshore platform. This brings the number of Rolls-Royce gas turbine generator sets for Petrobras offshore projects to 27 since 2001, with a total value of more than $300m The new order is for RB211-powered generating set packages for the $1.2b P-56 semi-submersible platform, which is part of the development of the Marlim Sul field, located off the coast of in the Campos Basin, Brazil’s most abundant oil production area.

Brazilian state oil company Petrobras has awarded Aker Maritime a contract for preliminary engineering for one deepwater platform, with an option for engineering of one additional platform. The preliminary engineering of the first platform has in itself a value of approximately $8 million. The assignment relates initially to a platform for the Marlim South field off Brazil, with an installation for the Roncador field in the same area as an option. The contract has been won against international competition, after Petrobras devoted the whole autumn of 2001 to considering the various tenders.