Tokyo, May 17, 2012 (JCN) - NYK Line, Mitsui & Co., K Line and Japan Drilling are participating in an ownership consortium for an ultra-deepwater drillship being used in the provision of charter services to Petrobras, the Brazilian state-owned petroleum company.
Named"Etesco Takatsugu J," the drillship is the most advanced of its type in the world. It is capable of drilling in water depths of 10,000 feet (3,000 meters) and down to 30,000 feet (9,000 meters) below the seabed.
The drillship is owned by Etesco DrillingServices, LLC, established in the US with the Japanese companies holding equity stakes totaling over 85 percent. Etesco Drilling Services will provide vessel charter services to Petrobras for up to 20 years.
The first well will be drilled in theFranco SW block in water approximately 2,000 meters deep about 200 kilometers off Rio de Janeiro. The area is located in pre-salt fields in which Petrobras holds an interest.
There are many large oil and gas fields in pre-salt areas in Braziliancoastal waters, and there is worldwide interest in these massive deposits. The region has potential for further development and is a priority area for Petrobras.
Delivered on December 15, 2011, the vessel arrived at the drilling area in Brazil onFebruary 4, 2012, and has been under charter to Petrobras since April 25.
Copyright © 2013 JCN. All rights reserved. A division of Japan Corporate News Network KK.
 Company Profile |  Print |  Alerts
|
 |
|
Mitsui and EDF EN Mexico to Partner in Wind Power Generation Project in Mexico
(Jan 9, 2013)
|
|
|
Mitsui Acquires U.S. Brand Paul Stuart
(Jan 8, 2013)
|
|
|
Mitsui Takes Stake in Gestamp Automocion, Global Auto Components Supplier
(Jan 7, 2013)
|
|
|
FEED Contracts Awarded for LNG Development Project in Mozambique
(Dec 21, 2012)
|
|
|
Callide Oxyfuel Project Enters World's-first Demonstration Phase for Process of Oxyfuel Technology & CO2 Liquefaction
(Dec 18, 2012)
|
|
|
Mitsui Takes Stake in Renewable Energy Power Generation Projects in Canada
(Dec 17, 2012)
|
|
|
Panasonic to Establish Fujisawa Town Management Company with its Partner Companies
(Oct 1, 2012)
|
|
|
Completion of Acquisition: Browse LNG Project in Australia
(Sept 18, 2012)
|
|
|
Mitsui and KEPCO E&C to Expand Takoradi T2 Power Plant in Ghana
(July 17, 2012)
|
|
|
Mitsui Acquires Interests in Oil and Gas Concessions in the North Sea
(June 27, 2012)
|
|
|
|
|
|
|
Japan Atomic Power and Marubeni Reach MOU with the Kazakhstan National Nuclear Center (Feb 18, 2013)
|
|
|
JX NOEX Field Development Plan approved for Mariner in UK North Sea (Feb 18, 2013)
|
|
|
Sumitomo Group, Kansai Electric Power Acquire Autralian Power Business (Feb 15, 2013)
|
|
|
Yokogawa Awarded Control System Order for Korean Large Combined Cycle Power Plant (Jan 21, 2013)
|
|
|
IHI E&C International Awarded FEED for Urea Project (Jan 17, 2013)
|
|
|
Japanese-led JV Wins Contract for Refinery and Petrochemical Complex in Vietnam (Jan 17, 2013)
|
|
|
Mitsubishi Chemical Licenses Oxo Alcohol Technology to Qatar Petroleum and Shell Chemicals (Jan 14, 2013)
|
|
|
Mitsui and EDF EN Mexico to Partner in Wind Power Generation Project in Mexico (Jan 9, 2013)
|
|
|
JGC/Fluor JV Awarded FEED Contract for Mozambique LNG Plant (Jan 8, 2013)
|
|
|
Mitsui Chemicals in JV with Formosa Plastics Corporation for Electrolyte Solution (Dec 27, 2012)
|
More Gas & Oil news...
|
|
