Petrobras Rewrites Contracts to Attract More Rig Builders

Petrobras Rewrites Contracts to Attract More Rig Builders

Brazil · Companies Key Facts —New contract model. Petrobras has abandoned chartering for six new FPSOs, switching entirely to the Build, Operate, and Transfer (BOT) format. —First deal signed. SBM Offshore won the first two BOT contracts for the SEAP I and SEAP II units, totaling roughly US$ 8.4 billion. —Cost target. The state-controlled firm […] The post Petrobras Rewrites Contracts to Attract More Rig Builders appeared first on The Rio Times.

Vallourec wins Allseas contract for Atapu 2 in Brazil

Vallourec secured a contract from Allseas to supply carbon steel seamless line pipe and thermal insulation coating for the Atapu 2 project, developed by the Unitized ATAPU consortium operated by Petrobras. The contract covers 143 km of rigid risers and flowlines, representing about 19,000 tonnes of bare line pipe. Atapu 2 will develop a portion … The post Vallourec wins Allseas contract for Atapu 2 in Brazil appeared first on Drilling Contractor.