Tuesday, June 23, 2009

Petrobras to Reel in More Rigs for Offshore Santos Basin

Petrobras to Reel in More Rigs for Offshore Santos Basin

Brazilian state-run energy giant Petrobras (PBR) expects to bring up to four more drilling rigs to a prospect in the offshore Santos Basin in the second half of the year.The ultra-deepwater rigs will be used to "attack" areas in the subsalt region in the Santos Basin, Petrobras' Mario Carminatti told the local Estado news agency. The Santos Basin is home to the Tupi field, the Western Hemisphere's largest oil discovery in more than 30 years.The rigs will be used to complete studies of the Tupi, as well as other subsalt drill targets, Petrobras' executive manager for exploration said.
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