Petrobras Outlines Major Drilling Rig Sourcing Plan
Posted on: Wednesday, 21 May 2008, 09:01 CDT
Brazilian energy major Petrobras has announced its intention to hire 40 drilling ships and semi-submersible drilling platforms, to operate in deep and ultra-deep waters, by 2017.
Petrobras noted that the plan foresees the construction and receipt of the 40 units through 2017, and priority will reportedly be given to building them in Brazil.
An invitation to tender is underway for the chartering of 24 vessels to support exploration and production activities. Bidding is expected to take place for another 122 of such vessels in the next six years. Petrobras stated that the 146 support vessels will be built in Brazil.
The investments that have been envisaged are said to meet Petrobras's production development exploratory portfolio and are aligned with the company's strategic plan, with regards to increasing oil and natural gas production.
Source: Datamonitor
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