(Petrobras, 10.Sep.2015) – Currently, Petrobras has 28 contracts with Sete Brasil to charter drilling rigs. Charter contracts for 7 of the rigs were signed in Jun.2011 and the remaining 21 rigs were signed in Aug., totalling $89 bln. The 28 drilling rigs are scheduled to be delivered at different times: 5 rigs within 10-years; 21 rigs within 15-years and the remaining 2 rigs within 20-years.
Negotiations are underway to adjust the number of drilling rigs according to the equipment planned for in the 2015-2019 Petrobras Management and Business Plan. Any approval to review the contracts will have to comply with Petrobras’ regulations on corporate governance and conformity, as well as getting the approval of its competent bodies.
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