"brazils field is very very deep
and may not be economical even at
current prices"
Spyda. Brazil has ordered to construction of 40 new drilling rigs. Petrobras is talking to all the FPSO contractor companies about supplying production units.
SBM has been pioneering very deep water production. Modec has been asked to supply 10 floating production units.
I think Brazil does mean business.
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