On behalf of the Bacalhau licence partners, Equinor Brazil has awarded Valaris, represented by Ensco UK Drilling Limited and Ensco do Brasil Petróleo e Gás LTDA, a 540-day drilling contract scheduled to start in 2023. The Valaris DS-17 drillship has been tasked to drill an appraisal well, plug an old exploration well and conduct additional drilling scope in Brazil. Drilling services and other additional services such as remotely operated vehicle, managed pressure drilling, casing running, slop treatment and cuttings handling are included in the contract. A fuel reduction incentive has also been agreed on. DS-17 is an ultra-deepwater drillship, capable of operating in water depths of more than 3600 metres. Partners in Bacalhau: Equinor 40% (operator), ExxonMobil 40%, Petrogal Brasil 20% and Pré-sal Petróleo SA (production sharing agreement manager, not an investor).
On behalf of the Bacalhau licence partners, Equinor Brazil has awarded Valaris, represented by Ensco UK Drilling Limited and Ensco do Brasil Petróleo e Gás LTDA, a 540-day drilling contract scheduled to start in 2023. The Valaris DS-17 drillship has been tasked to drill an appraisal well, plug an old exploration well and conduct additional drilling scope in Brazil. Drilling services and other additional services such as remotely operated vehicle, managed pressure drilling, casing running, slop treatment and cuttings handling are included in the contract. A fuel reduction incentive has also been agreed on. DS-17 is an ultra-deepwater drillship, capable of operating in water depths of more than 3600 metres. Partners in Bacalhau: Equinor 40% (operator), ExxonMobil 40%, Petrogal Brasil 20% and Pré-sal Petróleo SA (production sharing agreement manager, not an investor).
