Report: Petrobras sells ultra-deepwater drillship for $15 million

Exploration & Production

Brazilian oil company Petrobras has reportedly managed to sell the ultra-deepwater drillship Vitoria 10000 after its first auction received no bids.

Vitoria 10000 / Image by marinha.mil.br
Vitoria 10000 / Image by marinha.mil.br

According to the Norwegian rig broker Bassoe Offshore, the drillship was sold earlier this week for around $15 million.

“The second auction for the Petrobras-owned drillship, Vitoria 10000, the highest bid was $15.05 million. The name of the highest bidder is not yet disclosed, but indications point to a sale for recycling purposes,” Bassoe Offshore said in a note on Wednesday.

As previously reported, the company had tried to sell the 2010-built rig at an auction in September. The minimum starting bid had been set at $47 million. No bids were submitted, forcing Petrobras to organize the second auction, lowering the starting bid to $5 million, with $1 million „intervals“ set between bids.

The Vitoria 10000 is 227,8 meters long, with a breadth of 42 meters built by Samsung Heavy Industries in 2010. It can accommodate 199 people and has a maximum drilling depth capacity of 11430 meters. It is capable of drilling in a water depth of up to 3048 meters. However, if Bassoe’s report is correct, none of these capabilities will matter as the rig is slated for the scrapyard.

Offshore Energy Today Staff


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