Rio de Janeiro – The Brazilian state-owned oil company Petrobras should commission from Brazilian shipyards 28 new drilling rigs that may be also used in subsalt layer exploration. The strategy for purchasing the equipment was passed by the Board of Executives of the company, according to information disclosed by the company last Friday (11th).
The enterprise should generate more than 40,000 direct and indirect jobs. The 4 billion reals (US$ 2.1 billion) in funding should come from the Guarantee Fund for Naval Construction. The beginning of the units’ commissioning process is scheduled to take place before the end of the month, with delivery due from 2013 to 2018.
Petrobras is looking into modalities of financing to make access to credit easier for the Brazilian suppliers that are going to manufacture the rigs.
*Translated by Gabriel Pomerancblum
