The Brazil Board Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Non-Tech : The Brazil Board

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: JimisJim who wrote (561)	1/13/2012 6:16:42 PM
From: elmatador	Read Replies (2) of 2504

Brazil's Petrobras Cancels Tender To Buy 21 Offshore Drill Rigs Brazil's government-run oil company, Petroleo Brasileiro SA (PBR, PETR4.BR) on Thursday said it has canceled a much-delayed tender to buy 21 offshore drill rigs, and will instead open direct negotiations with two suppliers. "The company will immediately begin negotiations with the two proponents, Ocean Rig do Brasil Ltda and Sete Brasil Participacoes S.A., with the objective of securing the best conditions," Petrobras said in a statement. Petrobras didn't provide any reasons for the change of plan. The drill rigs are scheduled to be built in Brazil. Earlier this year, Petrobras signed a separate contract with Sete Brasil to build a lot of seven offshore drilling rigs. That deal was the first tender in a broader 28-rig order planned by the company. -By Matthew Cowley, Dow Jones Newswires; 55-11 3544 7082; matthew.cowley@dowjones.com

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next