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WEEKLY NEWS
WEEK 52 2022
PSVs splash moving
uruguá tambaú
Since receiving offers for the 3 PSV bids already closed and with other 2 on the run, Petrobras is moving unusually fast on the selection of vessels. The tender which attracted the least number of candidates and highest rates was Mero, for its shorter term combined with stringent technical minimum specs and early termination clause, possibly cutting the firm duration in half; hence Petrobras called in owners to negotiate those positions first. In parallel, technical approvals are rapidly moving to prompt concessions with selected owners in order of priority. PSVs 4500 are ahead in the process, and Petrobras have not yet moved on to PSVs 3000 (including the 60 days’ delivery batch), PSVs 4500 with the highest rates and foreign flag candidates. Tonnage capacity for foreign flagged vessels offered under REB have become an increasing concern for Petrobras and owners, as ANTAQ tightens up on the use of barges and laid up tonnage.
A second bidding phase for the divestment of Uruguá and Tambaú fields has been opened by Petrobras in late November and offers to be delivered in early December this year. Those qualified bidders on the first round were invited and the revised conditions were sent on a new process letter. The field is in water depths of 1,300m and production runs through MODEC’s MV-20, FPSO Cidade de Santos. The oil is lifted from the FPSO whereas the gas exported through a gas pipeline from the field to the Mexilhão PMXL-1 platform, from where it reaches shore to the Caraguatatuba gas treatment plant UTGCA, in São Paulo. On the way to a successful closing is the aged FPSO and the negotiations to either contract with MODEC or purchase the unit akin to what Petrobras and BWE agreed for the field of Golfinho. The deal can be suited to operators with vicinity fields where operational synergies can be explored. Decommissioning is not totally ruled out by Petrobras. More to follow.
welcome FPSO anita garibaldi FPSO Anita Garibaldi has arrived at Jurong Aracruz shipyard, in Espírito Santo. The FPSO left China towards Brazilian waters last month and will now go through commissioning and further operational tests at the yard close to Vitória before departing to field. FPSO Anita Garibaldi joins FPSO Anna Nery which already in Marlim and Voador since November on final preparations for production kick off. FPSO Anita Garibaldi will be connected to 43 wells and should begin production by Q3 2023. The unit is capable of processing up to 80.000bpd of oil and 7 million cbm of gas per day. The units will replace existing platforms currently operating on the fields with decommission activities spanning, most likely, until 2025.
FPSO Anita Garibaldi
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AHTS closing? The AHTS bid of Petrobras, the one containing the hybrid package demand which postponed, is set to be closing today. Until time of writing a new deadline has not been sent by Petrobras.
petrobras tendering for FPSO duo The national major launched the bid for the FPSOs to be deployed on the shared reservoirs of Atapu and Sépia with offer deadlines currently set for July 2023 and first oil expected in 2028. The production capacity set on the technical specifications is 225 thousand barrels of oil and 10 million cbm of gas per day. Petrobras stated that the unit design, replicated for both units, features technological evolutions able to deliver, amongst other benefits, considerable reduction of emissions and the deployment of all-electric concepts for large sized projects.
Maersk Minder - the world’s first hybrid-electric anchor handler
papa terra sold out Petrobras concluded the sale of its stake in the Papa Terra field, located in Campos basin, to 3R Petroleum Offshore S.A. The transaction was concluded, with the adjustments as foreseen on the SPA (Sales and Purchase Agreement) with cash payment of USD 18.2 million to Petrobras, cumulative with upfront cash contribution of USD 6 million to Petrobras upon signature of the SPA. Supplementary USD 80.4 million can be received by Petrobras, contingent on Brent prices and asset development. Upon closing, 3R Offshore takes over as operator of the Papa-Terra field with a 62.5% stake in partnership with Nova Técnica Energy Ltda. which holds the remaining 37.5%.
Source: Click Petróleo Page 2
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