Ocean Rig, Petrobras ink deal on two UDW drillships

Ocean Rig UDW Inc has signed a $1.1 billion three-year contract with Petrobras to extend a lease on two ultra-deepwater drillships.

Offshore staff

RIO DE JANEIRO –Ocean Rig UDW Inc has signed a $1.1 billion three-year contract with Petrobras to extend a lease on two ultra-deepwater drillships.

Petrobras will have the ships, the Ocean Rig Corcovado and Ocean Rig Mykonos, for 1,095 days, Reuters reported.

TheCorcovado and Mykonos are sixth-generation drill ships capable of drilling wells in waters up to 10,000 ft (3,048 m) deep. They were built by Samsung Heavy Industries Shipyard in Korea and launched in 2011.

10/21/2014

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