Petrobras, Sete Brasil sign contract to build drilling rigs

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  • Posted on July 13, 2012


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    SAO PAULO, July 13 | Fri Jul 13, 2012 6:35pm EDT

    SAO PAULO, July 13 (Reuters) – Brazilian state-controlled oil company Petrobras on Friday signed an agreement with oil equipment maker Sete Brasil for the construction of six drilling rigs in the South American nation.

    The rigs will be built in the shipbuilding compound of Angra dos Reis, and will be delivered starting in 2016, a securities filing said. The degree of locally made content of the rigs will fluctuate between 55 percent and 65 percent, the filing added.

    Reuters/AC