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


Maximizing Operational Excellence

In a recent survey conducted by PennEnergy Research, 70% of surveyed energy industry professional...

Leveraging the Power of Information in the Energy Industry

Information Governance is about more than compliance. It’s about using your information to drive ...

Reduce Engineering Project Complexity

Engineering document management presents unique and complex challenges. A solution based in Enter...

Revolutionizing Asset Management in the Electric Power Industry

With the arrival of the Industrial Internet of Things, data is growing and becoming more accessib...