Weekly Market Update - WSB One - Week 43

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a WESTHON company

WEEKLY NEWS

WEEK 43 2022

new petrobras tender

osrv market

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.

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.

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. AHTS Skandi Amazonas

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.

WSB Advisors is a leading advisory group with central offices in Rio de Janeiro, Houston and Paris. WSB is a Westhon Company. © WSB.One all rights reserved. 2022. Phone: +55 21 3545-0350 | E-mail: comercial@wsb-advisors.com | Address: Av. Rio Branco, 12, 19º andar - Centro, Rio de Janeiro


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