Petrobras launches charter of AHTS

Photo: Agencia Petrobras

Photo: Agencia Petrobras

Petrobras has launched a new international tender for the charter of multiple anchor-handling tug supply vessels. The company has a current fleet of about 80 AHTSs.

Commercial bids must be submitted within 23 February for 21,000 bhp-rated AHTSs. Delivery of the vessels is scheduled for March 2016, whilst the offered charters are valid for a period of two years, renewable for another two years.

According to article published by Upstream, even though the Petrobras corruption scandal has temporarily halted contracting of services with 23 Brazilian engineering groups, the offshore support vessel market is not feeling the effects of such ban.

Sete Brasil rigs and investment plan

The first our of 28 rigs ordered by Petrobras with Sete Brasil, scheduled to be delivered in June 2015, is under construction at Jurong Aracruz shipyard in the State of Espírito Santo and is likely to be delayed.

However, the second rig, a semi-submersible, is being built at the BrasFels shipyard in the State of Rio de Janeiro and should meet the deadline set for December 2015. Six other rigs planned to be delivered in 2016 are presently behind schedule.

Projects with low cash-flow contribution are going to be slowed by Petrobras. This move will likely lead to a notable reduction of the upcoming five-year investment plan of the company. The latest plan projected USD 220,6 billion in investments by 2018, and the updated version of the plan will only be released in the second half of the year.

The company expects to invest between $31 billion and $33 billion in 2015. Petrobras invested 62.54 billion reais ($24.2 billion) from January to September 2014, down 10% from the same period in 2013.

Petrobras is increasingly concentrating investments in the upstream segment. In the first nine months of 2014, Petrobras invested 40.87 billion reais in exploration and production, 65% of the total.

The company expects domestic oil production to increase by 4.5% this year, sustained by the ramp-up of platforms that started operations in 2014.

 

Innovation Norway is responsible for promoting the Norwegian industry abroad. Our office in Rio de Janeiro manages Innovation House Rio, our business incubator office, and helps Norwegian companies in their efforts towards the Brazilian market.

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Posted in Maritime, Oil & Gas

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