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Brazil Property News: Brazil to get fourth drilling riser system
3rd July 2008 04:43
Engineering and construction services giant Aker Solutions has revealed plans to deliver a fourth deepwater marine drilling riser system to Brazil.
Individuals interested in Brazil real estate will be keen to hear the newest development in the oil and gas industry, following on from the inauguration of a new drilling riser manufacturing facility in the country's Rio das Ostras.
Aker Solutions has signed an agreement - believed to be worth $55 million (£28m) - with Queiroz Galvão Óleo e Gás for the delivery of the new drilling riser system, which will include tools and buoyancy modules able to operate in water depths of up to 2,700 metres.
Marcelo Taulois, president of Aker Solutions' sub-sea business area in Brazil, said the system's delivery is scheduled for 2010 after being manufactured at his firm's facility in Rio das Ostras.
"The Brazilian oil and gas industry will contract a large [number] of drilling units in the next decade," he noted.
"With local manufacturing and our exclusive CLIP Connector technology on offer, we are prepared to supply the drilling market needs with local content and with high-end riser technology," added Mr Taulois.
Aker Solutions' CLIP technology aims to offer significant time savings and cuts in cost for rig operators via reduced manpower and rig operations.
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