Petrobras signs 15-year contracts for 12 rigs for pre-salt

Posted on 09 August 2012

Petrobras has signed chartering and operation contracts with Sete Brasil, Queiroz Galvão, Petroserv, Odebrecht, Odfjell and Seadrill for 12 floating drilling platforms – six drillships and six semisubmersible platforms – to be built in Brazil with between 55% to 65% of Brazilian goods and services content. These rigs are part of a package of 21 platforms negotiated with Sete Brasil and will be chartered by Petrobras for 15 years each upon their anticipated delivery in 2016.

Of the six semi platforms to be built by Estaleiro BrasFELS in Angra dos Reis, three will be operated by Queiroz Galvão, two by Petroserv and one by Odebrecht. The six drillships will be built by Estaleiro Jurong Aracruz, three of which are to be operated by Odfjell and the other three by Seadrill.

The 12 units will be mainly used to drill wells in the pre-salt areas of the Santos Basin, including Rights Transfer areas. They will be capable of operating in water depths of up to 3,000 meters, with drilling capacity of up to 10,000 meters.

Petrobras said it has carried out a shipyard analysis evaluating their capacity to meet the contractual commitments, including deadlines and minimum domestic content ratios. The analysis covered various aspects, including suitability of the installations, evidence of commitments from suppliers of inputs and main equipment packages, environmental licensing, management of HSE and contract management, as well as legal and financial aspects.

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