Brazil
Analysis

Etesco wins Petrobras rig tender

Bnamericas
Etesco wins Petrobras rig tender

Etesco Construções e Comércio was declared the winner of a Petrobras tender to charter a jack-up intervention platform, a source with knowledge of the matter told BNamericas.  

The company offered 1.4bn reais (US$250mn), overcoming X-Drill Holdings, Ocean Oasis Leasing (Tianjin) and Braserv, whose bids were disqualified on legal, economic and/or technical grounds. 

The process was launched after a previous tender was canceled in which the state-owned oil company failed to reach an agreement with China’s Tianjin. 

Petrobras intends to contract the unit to operate in the northeast region, in water depths of between 12m and 50m. 

The contract is for 1,460 days, with the possibility of exercising an extension option – at the sole discretion of Petrobras – for up to 150 days for a total of 1,610 days, which is extendable for a period of the same length.

Subscribe to the leading business intelligence platform in Latin America with different tools for Providers, Contractors, Operators, Government, Legal, Financial and Insurance industries.

Subscribe to Latin America’s most trusted business intelligence platform.

Other projects in: Oil & Gas (Brazil)

Get critical information about thousands of Oil & Gas projects in Latin America: what stages they're in, capex, related companies, contacts and more.

  • Project: Urutau field
  • Current stage: Blurred
  • Updated: 2 months ago
  • Project: FPSO P-83
  • Current stage: Blurred
  • Updated: 6 days ago
  • Project: FPSO P-80
  • Current stage: Blurred
  • Updated: 1 week ago

Other companies in: Oil & Gas (Brazil)

Get critical information about thousands of Oil & Gas companies in Latin America: their projects, contacts, shareholders, related news and more.

  • Company: Braserv Petróleo
  • The description contained in this profile was taken directly from an official source and has not been edited or modified by BNamericas researchers, but may have been automatical...
  • Company: Karoon Petróleo & Gas Ltda.  (Karoon Brazil)
  • Karoon Petroleo & Gas Ltda. is a Brazilian subsidiary company of Karoon Gas Australia Ltd. incorporated in 2008, which is mainly engaged in the exploration and extraction of oil...
  • Company: Grupo Novonor  (Novonor)
  • Novonor, formerly known as Odebrecht, is a Brazilian holding company present with operations in 14 countries, including Argentina, Brazil, Colombia, Ecuador, Mexico, Panama, Per...
  • Company: Enauta Energia S.A.  (Enauta)
  • Enauta Energia S.A., formerly Queiroz Galvão Exploração e Produção, a subsidiary of Brazilian firm Construtora Queiroz Galvão S.A., engages in the exploration and production of ...
  • Company: WEG Equipamentos Eletricos S.A.  (WEG Brasil)
  • The description included in this profile was taken directly from an official source and has not been modified or edited by the BNamericas’ researchers. However, it may have been...