Pacific Mistral to drill for Petrobras offshore Brazil

Offshore staff

LUXEMBOURG – Petrobras has awarded Pacific Drilling a three-year contract for use of its ultra-deepwater drillship Pacific Mistral offshore Brazil.

The contract should start during 4Q 2011, with estimated revenues, including mobilization and client-requested modifications, of $536 million.

Samsung Heavy Industries delivered the newbuild vessel in June. It is capable of operating in water depths of up to 12,000 ft (3,657 m) and drilling wells 37,500 ft (11,430 m) deep.

Pacific Drilling expects to take delivery of an additional drillship this fall and has two drillships on order at Samsung for delivery during 2013.


Did You Like this Article? Get All the Energy Industry News Delivered to Your Inbox

Subscribe to an email newsletter today at no cost and receive the latest news and information.

 Subscribe Now


Logistics Risk Management in the Transformer Industry

Transformers often are shipped thousands of miles, involving multiple handoffs,and more than a do...

Secrets of Barco UniSee Mount Revealed

Last year Barco introduced UniSee, a revolutionary large-scale visualization platform designed to...

The Time is Right for Optimum Reliability: Capital-Intensive Industries and Asset Performance Management

Imagine a plant that is no longer at risk of a random shutdown. Imagine not worrying about losing...

Going Digital: The New Normal in Oil & Gas

In this whitepaper you will learn how Keystone Engineering, ONGC, and Saipem are using software t...