Cutter er bydd inn… :-o
Five contractors have submitted dozens of bids in a highly anticipated Petrobras tender for the charter of several flexible pipelaying support vessels to carry out operations across Brazil’s pre-salt province in the Campos and Santos basins.
It is unclear how many PLSVs the Brazilian oil giant intends to contract in the new tender, but given average dayrates of about $300,000 and charter periods of three and four years, each vessel ordered would likely result in a deal worth approximately $400 million, sources told Upstream.
Petrobras welcomes over 100 bids in four offshore vessel tenders
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The tender is wide in scope with Petrobras splitting the competition into five lots – A, B, C, D and E – and as many as 34 subcategories ranging from Brazilian-flagged to foreign-flagged units, to requirements for vessels capable of operating in shallow waters, deep water and ultra-deep waters.
Solstad Offshore was the sole bidder in Lot A1 with the Normand Cutter vessel for a dayrate of $304,760.
Seagems Solutions finished first in Lot A2 with the Sapura Esmeralda vessel for a dayrate of $293,765, while TechnipFMC proposed the Skandi Acu vessel for $358,980.
PLSVs in both lots A1 and A2 are scheduled to start operations in September 2024 and carry out work for Petrobras for periods of three years each.
Lot B1 saw TechnipFMC ahead with the Skandi Acu vessel for a dayrate of $353,095, followed closely by Subsea7 with the Seven Cruzeiro vessel for $356,380.
Seagems was also the low bidder in lots B2 and B4 with the Sapura Esmeralda vessel for dayrates of $292,275, while TechnipFMC and Subsea7 offered the Skandi Acu and Seven Cruzeiro vessels for the same prices as in Lot B1.
Vessels in the B category are to be chartered for three-year periods, with mobilisation due in March 2024.
There was a single offer in Lot C1, which called for PLSVs to be ordered for four years and contract starting in March 2025. Subsea7 bid the Seven Waves vessel for a dayrate of $386,080.
There was strong competition in category D with a total of 51 offers submitted in six different lots.
Seagems and TechnipFMC led the race and are expected to win a few contracts, according to one source.
Seagems proposed the Sapura Diamante and Sapura Topazio vessels in lots D1 and D3 for dayrates of $320,230 each.
As for TechnipFMC, the company ended in pole position with the Skandi Vitoria vessel in Lot D2 for a dayrate of $320,230. The same PLSV was in front in lots D5 and D6 for $281,065 each.
TechnipFMC was also well-positioned in Lot D7 with the Skandi Niteroi vessel for a dayrate of $242,670.
Finally in Lot E1, Subsea7 emerged as the only contractor to submit offers with the Seven Sun and Seven Waves vessels for dayrates of $386,080 each.
PLSVs in Lot D are due to enter operation for Petrobras in March 2025, while vessels in Lot E are earmarked for activities in March 2026.
Petrobras currently has 17 PLSVs on hire, including one with TechnipFMC, four with Subsea7, and six each with Sapura Navegacao — a joint venture between Seadrill and Sapura Energy — and a pairing between TechnipFMC and DOF.
One source speculated that Petrobras is snapping up PLSVs to enter operation more than two years from now in an effort to secure competitive prices, as dayrates for all equipment related to subsea activities are on the rise.
PETROBRAS PLSV TENDER
Lot A1
Normand Cutter Solstad Offshore $304,760
Lot A2
Sapura Esmeralda Seagems Solutions $293,765
Skandi Acu TechnipFMC $358,980
Lot B1
Skandi Acu TechnipFMC $353,095
Seven Cruzeiro Subsea7 $356,380
Lot B2
Sapura Esmeralda Seagems Solutions $292,275
Skandi Acu TechnipFMC $353,095
Seven Cruzeiro Subsea7 $356,380
Lot B4
Sapura Esmeralda Seagems Solutions $292,275
Skandi Acu TechnipFMC $353,095
Seven Cruzeiro Subsea7 $356,380
Lot C1
Seven Waves Subsea7 $386,080
Lot D1
Sapura Diamante Seagems Solutions $320,230
Sapura Topazio Seagems Solutions $320,230
Seven Waves Subsea7 $386,080
Seven Sun Subsea7 $386,080
Coral do Atlantico TechnipFMC $465,530
Lot D2
Skandi Vitoria TechnipFMC $320,230
Seven Waves Subsea7 $356,380
Seven Sun Subsea7 $356,380
TBD 1 Oceanica Engenharia $386,080
Coral do Atlantico TechnipFMC $465,530
Lot D3
Sapura Diamante Seagems Solutions $320,230
Sapura Topazio Seagems Solutions $320,230
Skandi Buzios TechnipFMC $353,095
Seven Cruzeiro Subsea7 $356,380
Seven Rio Subsea7 $356,380
Seven Sun Subsea7 $356,380
Seven Waves Subsea7 $386,080
Skandi Acu TechnipFMC $394,285
Coral do Atlantico TechnipFMC $461,445
Lot D5
Skandi Vitoria TechnipFMC $281,065
Skandi Recife TechnipFMC $303,870
Sapura Esmeralda Seagems Solutions $308,545
Skandi Buzios TechnipFMC $353,095
Seven Cruzeiro Subsea7 $356,380
Seven Rio Subsea7 $356,380
Seven Sun Subsea7 $356,380
Seven Waves Subsea7 $356,080
TBD 1 Oceanica Engenharia $388,310
Skandi Acu TechnipFMC $394,285
Coral do Atlantico TechnipFMC $459,405
Lot D6
Skandi Vitoria TechnipFMC $281,065
Skandi Recife TechnipFMC $303,870
Sapura Esmeralda Seagems Solutions $308,545
Skandi Buzios TechnipFMC $353,095
Seven Cruzeiro Subsea7 $356,380
Seven Rio Subsea7 $356,380
Seven Sun Subsea7 $356,380
Seven Waves Subsea7 $386,080
TBD 1 Oceanica Engenharia $388,310
Skandi Acu TechnipFMC $394,285
Coral do Atlantico TechnipFMC $459,405
Lot D7
Skandi Niteroi TechnipFMC $242,670
Skandi Vitoria TechnipFMC $286,085
Sapura Esmeralda Seagems Solutions $307,585
Skandi Recife TechnipFMC $308,775
Seven Cruzeiro Subsea7 $356,380
Seven Rio Subsea7 $356,380
Seven Sun Subsea7 $358,980
Skandi Buzios TechnipFMC $386,080
Seven Waves Subsea7 $386,080
Skandi Acu TechnipFMC $400,170
Coral do Atlantico TechnipFMC $467,570
Lot E1
Seven Sun Subsea7 $386,080
Seven Waves Subsea7 $386,080
