In September, Vast Infraestrutura completed 900 oil transshipment operations performed at its terminal in Porto do Açu. The milestone was reached with an operation that handled around 1 million barrels of oil.
The achievement reinforces all of Vast’s growth and consolidation, as well as the trust that the market places in its excellent services, which put safety and sustainability in first place.
Last week, between September 23 and 26, Vast Infraestrutura attended ROG.e 2024, the largest event of the oil and gas (O&G) sector in Latin America.
In addition to a stand shared with Porto do Açu, DOME and Efen, where the company displayed its leading role in oil transshipment operations in Brazil and promoted the Liquids Terminal of Açu (TLA), its expansion project, Vast was also present at ROG.e’s congress, with the participation of CEO Victor Snabaitis Bomfim on the panel “Special session – Infrastructure for liquid handling: uncertainties in the transition scenario”.
On the occasion, Bomfim reinforced Vast’s role in the market and the relevance that the TLA will have for Brazil’s liquid handling infrastructure.
Vast Infraestrutura and Repsol, the Spanish major of the oil & gas sector, have just signed a partnership to perform oil transshipment operations at T-Oil, Vast’s terminal located at Porto do Açu and a national highlight, being responsible, in the first semester of 2024, for 50.2% of Brazil’s crude oil exporsts from terminals.
With the addition of Repsol, Vast now has 11 clients in its portfolio. The presence of all of Brazil’s main oil operators on T-Oil strengthens Vast’s role as a strategic marketplace, offering the possibility for clients to combine cargoes for export, increasing the efficiency of their operations.
This achievement by Vast reaffirms the potential of the company and Porto do Açu as logistics platforms of excellence, prepared to support the growth of Brazilian crude oil exports.
On September 5, Vast Infraestrutura held another edition of the Contractors OHS Committee, the company’s annual event for reinforcing the Safety value with suppliers and partners and strengthening its Safety and Accident Prevention Culture.
Altogehther, 92 people attended, both in person and virtually, the meeting, which counted with the presence of Vast employees, teams from 12 of the contracted companies and the special participation of CNOOC International, Vast’s client that was invited to perform the opening safety moment.
At the event, it was discussed where Vast is on the safety maturity scale, where the company wants to be by the end of this year and what is needed to achieve this. There was also a presentation by Comportamento Psicologia do Trabalho consultancy on human factors in safety issues and how to mitigate risk behaviors.
This is Vast opening up increasingly safe paths for energy.
Vast Infraestrutura received at its oil terminal (T-Oil) the WS CASTOR, Wilson Sons’s tugboat that is part of the most sustainable and powerful fleet in Brazil. The vessel is the second of its kind to operate in Vast’s transshipment operations.
WS Castor meets the International Maritime Organization’s IMO Tier III standard, and reduces greenhouse gas emissions by up to 14%, helping to improve air quality. Furthermore, thanks to the berth inaugurated by Vast this year at T-Oil, whenever it’s not in service, the tug will be powered by onshore power supply.
At Vast, the concern for safety, efficiency and care for the environment extends to its partners and the company works with companies that have values and practices in line with its own.
Vast Infraestrutura’s CEO, Victor Snabaitis Bomfim, spoke to BNAmericas about the infrastructure challenges Brazil will face in the coming years to keep up with the increase in oil exports and how the company’s portfolio diversification projects can meet these demands.
Vast Infraestrutura has achieved yet another milestone in its Decarbonization Journey: the company has been awarded, for the 3rd consecutive year, the GHG Protocol Gold Seal for the verification of its greenhouse gas (GHG) emissions inventory.
This is also the 2nd time that the company has received the seal having been evaluated in all three emission scopes: Vast’s direct emissions (scope 1), Vast’s energy consumption (scope 2) and indirect emissions, i.e. those not emitted directly by the company but involved in its operations (scope 3).
Monitored since 2019, Vast’s GHG emissions began being submitted to the GHG Protocol system in 2022, when the company received the seal for the first time.
The monitoring of emissions, as well as the elaboration and submission of the GHG inventory are in line with the first pillar of Vast’s Decarbonization Plan, “Emissions management”.
This achievement demonstrates the company’s maturity on the subject and its commitment to building a future with less emissions.
In 2022, Vast Infraestrutura identified an important issue to be addressed internally: innovation. For this reason, with the support of consultancy firm EloGroup, the company created Start, Vast’s Innovation Program.
The program’s trajectory began in 2023 with a diagnosis, achieved through interviews, which indicated where Vast was and where it would like to go on the road to innovation.
From there, together with EloGroup, the company structured the program, which consists of the voluntary formation of multidisciplinary groups made up of Vast’s employees with proposals for innovating processes and inserting innovation into the company’s daily routine.
In the first cycle, which ended in the second half of 2024, 22 projects were submitted and evaluated by Vast’s board of directors and EloGroup specialists, who selected the 10 projects most aligned with compny’s objectives and values, and the fundamentals of innovation learned. The selected teams had the opportunity to experience a “Pitch Day” and a “Demo Day” and present their projects to the jury.
The program was so successful that all 10 projects qualified for the next phase: implementation. Now, until the end of this year and throughout the next, the groups will work to get their ideas off the ground and implement innovation at Vast.
Check out the video below and learn more about Start:
This month, Vast Infraestrutura stood out in the Waterway Statistics of the Brazilian National Waterway Transportation Agency (ANTAQ).
According to the data, in the 1st semester of 2024, Vast’s oil terminal (T-Oil) was responsible for handling 50,2% of all the oil exports in the country and kept the 1st place in the crude oil export market, handling 13,6 million tons.
Moreover, the company’s terminal was 2nd place in the market of all crude oil handling, with 27,1 million tons handled. Vast was also responsible for 68% of all the cargo handling at Porto do Açu, which was the 3rd port that handled the most cargo in Brazil.
The results show all the growth, efficiency and operational excelence of Vast, which is today the the leader in oil transshipments in the country.
In the first semester of 2024, Porto do Açu, where Vast Infraestrutura’s terminal (T-Oil) is located, was added by the World Health Organization (WHO) to the list of authorized ports to issue sanitary certificates for vessels berthed alongside.
The service, done by the National Health Surveillance Agency (Anvisa), is now authorized by WHO to be conducted on vessels berthed at side-by-side as well.
This decision represents yet another distinguishing feature of the services provided at Porto do Açu and, consequently, at T-Oil, contributing to making Vast’s operations increasingly efficient and safe.