Petrobras Contracts 12 Rigs

Petrobras' board approved the contracting of 12 drilling rigs on a charter party basis for use in ultra-deepwaters (between 2,400 and 3,000 meters of water depth).

Of the 12 rigs to be contracted, 10 will be the property of Brazilian companies. Due to the lack of capacity in Brazilian shipyards, the 12 rigs will be built overseas and delivered for operation by the middle of 2012.

These 12 units are part of the first phase of the plan for contracting 40 drilling rigs all of which will be operational by 2017, as already announced. The next lot of rigs are to be built in Brazil, implying major investments in infrastructure to ensure that Brazilian industry has the capacity to compete in price and quality, manufacturing the equipment in accordance with the international standards required by the leading oil and gas companies.

The forecasted investments are part of Petrobras' exploratory portfolio and production development. They are a key element in the implementation of initiatives that will guarantee growth in the production of oil and natural gas as envisaged in the Company's Strategic Plan.

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
U.S. Zanesville: Sr Field Engineer - Directional Drilling
Expertise: Directional Driller
Location: Zanesville, OH
 
United States Canonsburg: Service Manager
Expertise: Customer Service|WellSite Supervisor
Location: Canonsburg, PA
 
Drilling Engineer II Job
Expertise: Drilling Engineering|Petroleum Engineering
Location: Houston, TX
 
search for more jobs

Brent Crude Oil : $55.49/BBL 2.45%
Light Crude Oil : $52.42/BBL 2.04%
Natural Gas : $3.2/MMBtu 5.04%
Updated in last 24 hours