Six-way race in Petrobras tender for jack-up rig as drilling market tightens

Six contractors have submitted bids in a Petrobras tender for the charter of a jack-up drilling rig to carry out operations at mature fields off Brazil’s north-eastern coast, as global demand for such units are on the rise.

Petrobras first tried in late 2021 to contract a jack-up — in the first tender for this type of rig in more than a decade — but later cancelled the opportunity after the proposed units were either disqualified on prices or for not meeting the bidding criteria.

Check Also

Indie invests in FPSO offshore Thailand and extends charter for five years

Valeura Energy has secured an extension for the FPF-003 floating production, storage and offloading vessel …