Brazil Orders US$ 1.2 Billion Deep-Sea Oil Rig from Swiss Firm

Petrobras buys new oil rig Petrobras, the Brazilian government controlled oil multinational, signed a contract with Swiss company Single Buoy Mooring (SBM) to build a high seas oil rig to operate at a water depth of 1,246 meters (4,088 feet) and which will cost in the range of US$ 1.2 billion and be delivered in three years time.

The 92.000 ton Platform P-57 planned to be installed in the Jubarte Field, offshore Espí­rito Santo, and north of Rio do Janeiro is capable of producing 180,000 barrels of oil and of compressing 2,000,000 cubic meters of gas per day. Additionally the FPSO-type platform can also store oil.

According to the contract, Brazilian input in the construction of the rig was established at 65% except for the hull's conversion to be performed in Singapore, and for the purchase of large machinery.

Most of the modules and the platform's integration (hull and modules) will be done at the Brasfels shipyard, in Angra dos Reis, state of Rio de Janeiro. The construction is expected to create 3.000 jobs.

The contractor will provide the Island Accord oil tanker for the conversion and will use its own basic model, adapted from projects used for chartered vessels, in the process. After completing the construction, SBM will operate the P-57 for three years, as a contractor, for $63.55 million.

The P-57 project is a crucial piece in Petrobras 2020 Strategic Plan which has a target production by 2015 of 3.455 million barrels of oil equivalent (boe) and natural gas per day.

Mercopress

Tags:

You May Also Like

4.7% of All Brazil Exports Go to Arabs, a 35% Jump

Brazilian exports to the Arab countries generated US$ 7.07 billion from January to September, ...

Foot and Mouth Disease Spreads in Brazil, While Lula Says It’s Been Controlled

New outbreaks of foot and mouth disease in the Brazilian state of Mato Grosso ...

Simplifying Drawback Brazil Will Boost Competitiveness of Small Companies

Brazil’s government should issue an administrative rule, before the end of January, simplifying the ...

Lula, in Davos, Paints a Brazil Ready to Do Business

Brazilian President Luiz Inácio Lula da Silva stated today, during his address at the ...

Brazil and LatAm Confident US Bullying Will Be Over in Obama Era

Pundits have said that the election of Barack Obama to the presidency of the ...

Obama Wants to Visit Favela in Rio During His Trip to Brazil

American president Barack Obama’s agenda for his visit to Brazil on March 19 and ...

After Three Decades of Delays and Protests Amazon Hydro Project Ready to Start

In Brazil, building will begin now on what should be the world’s third-largest hydroelectric ...

Lula Promises to Make Brazil an OPEC Member and World’s Greatest Energy Power

Brazilian President Luiz Inácio Lula da Silva promised an "energy revolution" that will make ...

Brazil: World’s Main Iron Ore Producer Raises Prices by 71.5%

Brazil’s Companhia Vale do Rio Doce (CVRD), the world’s largest iron ore producer, concluded ...

The Invisible Ink, Made in Brazil

A colorless, odorless, quick-drying ink that is fluorescent only in the presence of ultraviolet ...

WordPress database error: [Table './brazzil3_live/wp_wfHits' is marked as crashed and last (automatic?) repair failed]
SHOW FULL COLUMNS FROM `wp_wfHits`