Arctic Offshore’s Post

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Petrobras has released the results for its latest OSRV (Oil Spill Response Vessel) tender, offering bidders a chance to bid again. In the previous tender, most bidders were disqualified for submitting incorrect fuel consumption data. Petrobras responded quickly by launching a new tender in the market, giving companies another chance to submit their bids. The rates came in at a lower level than expected and well below Arctic's projections, showing owners target of securing utilization. The OSRV category is highly dependent on Petrobras, which is reflected in the rates offered.

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