Petrobras halts contract talks for five ultra-deepwater offshore drilling rigs

Offshore staff

RIO DE JANEIRO – Petrobras has cancelled plans to contract five deepwater drilling rigs from Ocean Rig Group.

The decision, says Petrobras, is based on a reduction in future drilling planned in the Santos basin presalt because of the higher productivity from wells in current area production projects.

The rigs were to be able to drill in 3,000 m (9,840 ft) water depths.

Petrobras has several agreements for newbuild rigs and for work with added drilling contractors.

11/30/2012

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

Whitepapers

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...

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 ...