July 25, 2014     Japanese 
  JCN 
	  Network - Home
JCN Newswire
  Home  |  Companies  | Annual Reports  |  CSR  | News Alerts     
 
Share:
Four Japanese Partners Deliver Ultra-Deepwater Drillship to Petrobras
 

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.

By Saroj Shrestha Staff Writer

Copyright © 2014 JCN. All rights reserved. A division of Japan Corporate News Network KK.


 Company Profile |   Print  |   Alerts
ACN Newswire

 Recent  Mitsui  News  
  Mitsui Forms Joint Venture with a Brazil-based Major Agricultural Producer for Large Scale Farm Operation  (Sept 4, 2013)
  Basic Agreement concerning Integrated Block Development Project, and Rebuilding of Mitsui & Co. Head Office  (Aug 8, 2013)
  Mitsui & Co to Participate in Power Generation Project in South Africa  (June 6, 2013)
  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)



 Recent  Gas & Oil News   
Marubeni, Mitsui Miike to Build Coal Handling Facility with Russia's JSC Vostochny Port (July 18, 2014)
Marubeni to Create Minera Centinela, New Mining Company in Chile (July 5, 2014)
TOYO Awarded Large-scale Photovoltaic Power Plant Project in Japan (June 9, 2014)
Marubeni Starts Commercial Operation Mega-Solar Power Plant in Oita City (Apr 23, 2014)
World's Largest Semi-submersible Platform Takes Steps Towards Completion (Apr 4, 2014)
Yokogawa Wins Orders for Chinese Coal/Oil Co-processing Pilot Plant and Coal Tar Hydrogenation Plant Projects (Mar 26, 2014)
INPEX to Construct a Second Photovoltaic Power Generation System (Mar 15, 2014)
Idemitsu Kosan Launches Operations at Himeji Mega-solar Power Plant (Mar 12, 2014)
Mitsubishi to Build Coal Fired Power Plant in the Philippines (Feb 3, 2014)
Sumitomo Corp in the Az-Zour North IWPP Project in Kuwait (Dec 13, 2013)

More Gas & Oil news...
 
CSR Report Download
Annual Reports

  More >>    
Most Popular


About JCN | Privacy Policy | Terms of Use | JCN Network (日本語)