Page 19: of Maritime Reporter Magazine (January 2019)

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MARKETS: Offshore Energy

Claudio Paschoa

Claudio Paschoa is a regular contributor to New Wave Media publications, print and electronic. He authors a weekly column on the new OEDigital.com, the online home to Offshore Engineer magazine.

Brazil Offshore Year in Review

As the year comes to a close it is interesting to examine some of the latest developments in the offshore and maritime markets in Brazil.

Data from National Union of Marine and Offshore Construction and Repair Industry (SINAVAL) shows a number of signi? cant developments that took place in the second semester of 2018.

The Program for the Renewal of the Bram Offshore PSVs due in 2022, and (ROV) support vessels (RSV), OSRVs to the tune of R$6.988 billion (around

Offshore Support Vessel Fleet (Prore- two CBO AHTSs scheduled for delivery and pipe laying support vessels (PLSV). US$1.792, billion), 61 percent more fam), was established in 2000. By ex- in September and November of this year. An increase of 70 percent has been than the amount set for 2018. The CD- tensive use of Merchant Marine Fund The information was obtained via the agreed for the shipbuilding budget in FMM has awarded priorities of ? nancial (FMM) resources, the project attained Law of Access to Information (LAI) and 2019. The Board of Directors of the Mer- support to Bourbon Offshore, Bram Off- signi? cant growth for the local offshore the press of? ce of Petrobras. chant Marine Fund (CDFMM) approved shore, Marlin Navigation, Magallanes support vessel (OSV) industry, while Increased participation of foreign ves- the fund’s budget proposal for 2019. For Navigation, Transpetro and Wilson Sons consolidating the Brazilian ? ag ? eet and sels to support platform anchoring oper- shipbuilding, R$6.350 billion (around Offshore. In the list of prioritized com- securing signi? cant foreign exchange ations fell from 73 percent to 27 percent US$1.629 billion) will be allocated, up panies is also the Brazil Basin Drydock savings. No less than 210 OSVs were in one year. The ? eet of vessels support- 70 percent over the budget approved for Company (BBDC), which will be in- built by Brazilian shipyards between ing anchor handling operations in Bra- this year. The general total expected for stalled in the Northeast State of Paraíba, 2002 and 2018 – 85 percent built with zil is increasingly ? agged domestically. 2019, including costing, contingency with a focus on repairing medium and

FMM resources. Between July 2017 and the same month reserves and reimbursements, will be large ships.

However, not all is rosy, as the Prore- of this year, 14 foreign-? agged units left fam project has recently had one-third of the country, reducing their participation its orders canceled. – as mentioned above, in the total ? eet

Petrobras has only 10 OSVs to receive of type boats in Brazilian waters. Four

Smooth, Easy Ship Repairs?

through the program. Of the 121 ves- of the foreign AHTSs that left for other sels chartered in the Petrobras offshore markets in the period are from Maersk. support ? eet renewal program, almost The others include two vessels from As- one-third (38) had a contract canceled. tromarítima, and one vessel each from

It has already been con? rmed this year Asso Marítima, Deep Sea, Farstad, Fi-

Start Here!

that Brasil Supply was unable to deliver narge, Galáxia, Maré Alta and OSM.

vessels contracted by Petrobras due to Today Norwegian ? rm DOF is re- ? nancial dif? culties. In addition to four sponsible for the largest ? eet of AHTSs platform supply vessels (PSV) for Bra- in Brazil, with 11 units, one of which is sil Supply, there are eight vessels in the an international ? ag vessel. Following

Galaxia Marítima orderbook, six from are Bram / Alfanave with 10 vessels,

Asgaard, six from Astromarítima, four CBO and Farstad with six vessels each, from Safe Supply, three from Geonavi- Bourbon, Finarge and Maersk with three gation, two from Bram Offshore, two vessels each, Farol with two and Asso from Oceanpact and three from Bra- Marítima and Marlin with one each. The vante – including oil spill response ves- “escape” of foreign ships follows the

On-Time • In Budget sel (OSRV) Mar Limpo III, which has fall of the offshore support ? eet in the been delivered. country in recent years, since Brazilian

In all, 19 PSVs, 17 OSRVs and two vessels have a preference in hiring. In

Top Quality • Safety Focused anchor handling tug supply vessels the analyzed period, the proportion of (AHTS) were de-contracted, while 49 foreign vessels in Brazil decreased by

PSVs, 13 AHTSs and 11 OSRVs were 35 percent, falling from 69 to 45 units. delivered and are currently operating for Other classes of vessels that have ex-

Petrobras. Only 10 vessels – all char- perienced signi? cant reductions in for- www.detyens.com tered in the seventh round of Prorefam eigners between 2017 and 2018 include in 2014 – are under construction: eight remotely operated underwater vehicle www.marinelink.com 19

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