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Petrobras invests more than US$1 billion in two drilling ships to explore new oil reserves! The investment is expected to create 500 jobs, benefiting Brazilian workers

Written by Ruth Rodrigues
Published 25/09/2024 às 10:32
Petrobras signs a US$1 billion contract with Constellation to charter two drill ships that will operate in the Roncador field.
Source: Upstream Online

Petrobras signs a US$1 billion contract with Constellation to charter two drill ships that will operate in the Roncador field.

A Petrobras Petrobras Petrobras S.A. has signed an important Charter and Service Agreement with Constellation, involving two high-specification drillships that will be used in the drilling and completion campaign of wells in the Roncador field, located in the Campos basin. The contract, valued at US$ 1.027 billion, marks another step by Petrobras in its strategy of exploring and developing new oil and natural gas production areas. Starting in 2025, the vessels Laguna Star and Tidal Action will have the crucial role of operating at depths ranging from 1.200 to 2.000 meters, performing drilling services in ultra-deep waters.

Petrobras drillships with technology for drilling in ultra-deep waters

The two drillships contracted, Laguna Star and Tidal Action, are examples of the high technology required to operate in extreme conditions on the seabed.

Designed to perform a wide range of services, they are equipped with sophisticated systems for drilling, completion and intervention in subsea wells.

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This versatility is essential for the development of new oil and gas reserves, especially in ultra-deepwater areas, where access is extremely complex and demands robust technology.

These drillships have, among other equipment, remotely operated vehicles (ROV), which allow inspection and repair activities to be carried out at great depths.

Additionally, they are prepared to respond to emergencies that may occur during operations at the Roncador field.

The contracting of these vessels reaffirms Petrobras' commitment to maintaining high standards of safety and efficiency in its offshore operations.

Another important aspect of this contract is the commitment to local content. Petrobras has guaranteed that 30% of the services and materials used during the term of the contract will originate in Brazil.

This not only contributes to strengthening the national supply chain, but also helps to generate local jobs.

Generation of new jobs

With the entry into Operação of the Laguna Star and Tidal Action drillships, it is expected to create around 250 direct and indirect jobs on board the Tidal Action and maintain another 250 jobs on the Laguna Star.

This job creation is a positive reflection of the economic impact that oil exploration can have on the regions where these activities take place, especially in cities close to the Campos basin.

These jobs will range from operational and support roles to technical and specialist positions, requiring a skilled workforce to deal with the challenges posed by deepwater operations.

The Roncador field, which is already one of Petrobras' largest producers of oil and natural gas, could see an increase in its productivity with the addition of these two drillships, generating more wealth for the Brazilian economy and helping to sustain domestic demand for energy.

In addition to the direct economic benefits, this partnership between Petrobras and Constellation strengthens the naval and offshore engineering industry in Brazil.

Companies from various sectors will be able to benefit indirectly from the demand for specialized services and the supply of materials and technology to support drill ship operations.

Roncador Field: strategic partnership with Equinor

The Roncador field, where the Laguna Star and Tidal Action drillships will be deployed, is one of Petrobras' most strategic fields.

Located in the Campos basin, the Roncador field is a partnership between Petrobras and the Norwegian company Equinor.

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Petrobras holds a 75% stake in the field, while Equinor, which also has expertise in offshore operations, holds the remaining 25%.

It the partnership is essential to ensure the continuity of operations in the Roncador field and to maximize the recovery of resources present in the area.

The Roncador field is already responsible for a significant portion of Petrobras' oil production and continues to be an area of ​​great interest for the development of new extraction technologies.

The Laguna Star and Tidal Action drillships will play a crucial role in expanding the field’s production capacity, which could be further explored in the coming years.

The expectation is that these new operations will help increase Petrobras' efficiency in oil and gas exploration and production, maintaining Brazil as one of the main global players in the energy sector.

Impact on Petrobras' strategy

A hiring The acquisition of these two drillships is part of a broader strategy by Petrobras to strengthen its operations in areas of great potential, such as the Roncador field.

The company seeks not only to increase its oil and gas production, but also to ensure that its operations are carried out safely, efficiently and environmentally responsibly.

The contracts signed with Constellation represent a significant investment in the infrastructure needed to support these operations.

In addition to contributing to increased production, they also have positive impacts on the Brazilian economy, creating jobs and strengthening the country's oil and gas industry.

The technological development of these drillships also places Petrobras in a prominent position on the global stage, since the ability to operate in ultra-deep waters is one of the industry's greatest challenges.

The use of these drillships will allow Petrobras to continue advancing in the exploration of new oil reserves, remaining competitive in an increasingly challenging global market.

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Ruth Rodrigues

Graduated in Biological Sciences from the State University of Rio Grande do Norte (UERN), she works as a writer and scientific disseminator.

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