Fossil Energy – Tender
Vessel owners informed WSB Advisors that Petrobras may be close to making a final decision to cancel the current PSV tender, which had already been reduced from 17 to 6 vessels after several reviews of the tender requirements throughout this year.
The move comes as Petrobras rethinks its offshore logistics model and financial strategy, seeking to realign the company’s budget amid rapidly escalating charter costs.
As part of this process, Petrobras has already started formally approaching Offshore Vessel owners to discuss discounts on existing contracts, aiming to secure future extension periods and build a more predictable cost structure for its offshore support fleet.
