The Semi-Submersible ODN Delba III Is No Longer with Ocyan (Formerly Odebrecht), Now the Rig Belongs to the Dutch Group OOS, Famous for Having UMS
The former Odebrecht oil and gas announced on Friday (10/18) the sale of the semi-submersible rig ODN Delba III to the Dutch OOS, which typically operates by chartering its fleets here in Brazil. Last week (10/17), in fact, Petrobras Awarded An Excellence Classification to OOS’s Flotel Tiradentes.
The transaction was only possible because OOS facilitated the operation with a conglomerate of Mexican financing banks for drilling units led by the Inter-American Development Bank (IDB).
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New Player in the Drilling Market?
It is still not possible to ascertain whether the deal will mark OOS’s entry into the drilling segment; the group is recognized for the operation of its UMS (Maintenance and Safety Units), more commonly known as flotels.
OOS can carry out renovation works on the rig and use it as a flotel instead of using it as a drilling rig in Mexico, where the equipment is in demand.
Despite lacking experience in the drilling segment, OOS can seize opportunities and acquire more units that are for sale in the Brazilian market.
The Delba III had been idle for two months in Guanabara Bay, Rio de Janeiro, since it completed its contract with Petrobras in 2012. The rig was initially owned by Delba, but the Brazilian company, after facing issues, transferred it to Odebrecht, now Ocyan.
The Delba III has the capacity to operate in water depths of 2,400 meters and will leave Brazil by the end of the year.
All Ocyan (formerly Odebrecht) rigs are chartered to Petrobras; however, with the sale of the semi-submersible, Ocyan now has five deep-water rigs in its portfolio, consisting of four drillships (Norbe VIII, Norbe XIX, ODN I, and ODN II) and only one semi-submersible, the Norbe VI.

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