Petrobras on the start of P-71 production

Petróleo Brasileiro S.A. - Petrobras, informs that it put into operation, this Wednesday (Dec,21), the P-71 platform vessel, installed in the Itapu field, in the Santos Basin pre- salt area, 200 km off the coast of Rio de Janeiro. The start of production has been anticipated, as it was originally scheduled for 2023. From Petrobras'... Continue Reading →

Petrobras contracts pair of Transocean drillships for U$ 1 Billion

The global deep-water drilling giant Transocean has been awarded contracts in Brazil worth $1.04 billion for two ultra-deepwater drillships. Transocean said its drillships Deepwater Corcovado and Deepwater Orion would work offshore Brazil for a national oil company. Deepwater Corcovado was awarded a four-year contract, which contributes an estimated $583 million in backlog and is expected... Continue Reading →

Saipem buying drillship from Samsung Heavy as market demand ‘significantly exceeds’ supply

(OET) Italian oilfield services provider Saipem has decided to buy the Santorini ultra-deepwater drillship from South Korea’s Samsung Heavy Industries to strengthen its offshore drilling fleet amid the growing demand in the market. The Santorini drillship was initially ordered from Samsung Heavy by Ocean Rig and it was slated for delivery in the second quarter of 2017. Come... Continue Reading →

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