In the midst of the process of change in its high command, Petrobras launched this week a new tender that promises to move the market. The state-owned company published a public notice to contract up to five offshore drilling rigs. The opening of the envelopes with the bidders’ proposals is scheduled for March 15th. The vessels that will be hired in the process should start operating for the oil company as of September next year.
The bidding process is divided into two lots, which aim to charter drillships or semi-submersible rigs. In the first one, Petrobras wants to one or two drilling rigs that use the technology with controlled pressure (MPD), which will start operating in September 2022. The vessel’s work period will be up to 3 years, and may be canceled 1 and a half years into the contract. Petrobras asks for a rig that is capable of operating in water depths between 1,600 meters and 2,200 meters (desirable between 1,200 meters and 2,500 meters). The unit must also be able to drill wells of 7,000 meters (desirable 10,000 meters).
In the second lot, Petrobras wants to hire from one to three drilling rigs (which in this case do not need MPD technology). The start for these units is scheduled for December 2022. As in the previous batch, the maximum contract period will be 3 years. The difference is that the agreement may be terminated as of the second year. The requirements for water depth and drilling capacity for this lot are the same as the previous one. The announcement and the complete bidding documentation (nº 7003420010) is available on the Petronect website.
According to a survey carried out by Westwood Energy, Petrobras currently has 19 drill ships or semi-submersible rigs in operation on the Brazilian coast. A portion of this fleet have contracts that expire at the end of December 2022. Therefore, Petrobras needs to guarantee new rig contracts.