OceanPact signs contracts worth R$650 million with Petrobras for three emergency response vessels

OceanPact, Brazil’s leading offshore emergency response company, has signed new four-year contracts with Petrobras to charter three Oil Spill Response Vessels (OSRVs) worth R$650 million in all. The contracts were awarded after a bidding process held by the oil giant.

The three vessels – Fernando de Noronha, Jim O’Brien and Macaé – will support Petrobras’ operations off the Brazilian coast for emergency preparedness and response in the event of environmental incidents.

“The offshore services industry is experiencing growing daily vessel rates, directly driven by increased demand arising from new oil and gas projects, and especially the opportunities generated by Petrobras. This growing demand for vessels underscores the expansion and new prospects opening up for companies like OceanPact. It’s definitely a good time for us,” said OceanPact’s commercial director, Erik Cunha.

Fernando de Noronha, Jim O’Brien and Macaé are three of the eight OSRVs owned by OceanPact, whose fleet amounts to 28 vessels, also made up of ROV Support Vessels (RSVs), Platform Supply Vessels (PSVs), Research Vessels (RVs), Multi-Purpose Support Vessels (MPSVs), Anchor Handling Tug Supply Vessels (AHTSs) and Offshore Terminal Support Vessels (OTSVs). OceanPact also has the largest inventory of offshore emergency response equipment in Latin America.