Petrobras Leases 6 New Drilling Units from Locals

Brazil's federal energy company Petrobras (NYSE: PBR) has signed 10.5bn reais (US$4.8bn) in leasing contracts for six deepwater floating drilling units that will be built by local companies, Petrobras said in a statement.

Brazilian engineering firms Norberto Odebrecht, Petroserv, Queiroz Galvao and Schahin Engenharia form a group that won a contract to build four drilling units with capacity to operate at water depths of up to 2,000 meters, Petrobras said.

The lease contracts are for seven years with a renewal option for another seven. The units are due to start operations in 2009, Petrobras said, without giving specific contract amounts.

Additionally, Schahin and Queiroz Galvao together won a tender to build two drilling units with capacity to operate at water depths of up to 2,400 meters. These units will initially be leased for five years and are scheduled to start operations in 2010.

At least one of the new units will have capacity to operate at water depths of around 3,000 meters, Petrobras said.

The drilling units can be used for E&P operations.

Visit BNamericas to access our real-time news reports, 7-year archive, Fact File company database, and latest research reports. Click here for a Free two week trial to our Latin America Oil & Gas information service.

For More Information on the Offshore Rig Fleet:
RigLogix can provide the information that you need about the offshore rig fleet, whether you need utilization and industry trends or detailed reports on future rig contracts. Subscribing to RigLogix will allow you to access dozens of prebuilt reports and build your own custom reports using hundreds of available data columns. For more information about a RigLogix subscription, visit www.riglogix.com.
Events  SUBSCRIBE TO OUR NEWSLETTER

Our Privacy Pledge
SUBSCRIBE


Most Popular Articles


From the Career Center
Jobs that may interest you
Quality & Technical Supervisor
Expertise: QA / QC / Inspection
Location: Pennsylvania, PA
 
Offshore Natural Gas Engine Mechanic
Expertise: Mechanic
Location: Louisiana, United States, LA
 
QA/QC Manager
Expertise: QA / QC / Inspection
Location: Houston
 
search for more jobs

Brent Crude Oil : $55.23/BBL 0.46%
Light Crude Oil : $52.75/BBL 0.62%
Natural Gas : $3.24/MMBtu 1.25%
Updated in last 24 hours