The Dutch Terminal Operating Company, APM Terminals, Has Formed a Partnership with Brasco, a Company of the Wilson Sons Group to Establish a Logistics Base in Brazil to Support Premier Oil’s Offshore Drilling Operations in Block 717.
To Establish a Temporary Logistics Base at the Pecém Industrial and Port Complex – Ceará, Brasco, a Company of the Wilson Sons Group, Partnered with APM Terminals Pecém, According to the Companies’ Update Last Monday (20).
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Brasco Signed a Contract with Premier Oil to Provide Logistical Support for Its Drilling Operations in the Ceará Basin in Early January 2020. This Will Be the First Offshore Port Support Operation in Ceará, Brazil, According to APM.
Expected to Begin in the First Half of 2020, the Logistics Base Will Support the Drilling of a Well in Block CE-M-717, Located in the Ceará Basin and Operated by Premier Oil.
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Among the Services to Be Provided Are: Receipt and Storage of Cargo, Provisioning of Water and Other Consumables for the Offshore Platform, as Well as Waste Management and Tank Cleaning.
Premier Oil Recently Contracted an Offshore Drilling Ship Owned by Valaris, DS-9, to Drill the Stacked Prospects of Berimbau / Maraca in Its Block 717 Operated in the Ceará Basin in Brazil. The Well is Scheduled to Spud in the Third Quarter and Targets Risk-Free Resources of 300 mmbbls.
Premier Received Its Stake in Block CE-M-717 in Brazil’s 11th Bidding Round in 2013. The Company Holds a 50% Working Interest in the Block.

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