Brazil’s state-controlled oil company Petroleo Brasileiro has asked Odebrecht’s offshore drilling arm to halt operations of a rig, according to a document seen by Reuters on 6 November, after an explosion there killed three people in June.
Petrobras also threatened to cancel contracts related to the Norbe VIII rig, according to an undated internal memo sent by Roberto Simoes, chief executive of Odebrecht Oil and Gas, Odebrecht’s offshore drilling unit.
Contract cancellations would be another blow for Odebrecht, which has been targeted in corruption probes in Brazil and elsewhere in Latin America.
OOG, which has struggled in the wake of a widespread slowdown in the region and restricted access to credit following the scandals, reached an agreement with creditors to restructure billions of dollars in debt earlier this year.
Read the full story here.
Don't miss our latest HSE content, delivered to your inbox twice monthly. Sign up for the HSE Now newsletter. If you are not logged in, you will receive a confirmation email that you will need to click on to confirm you want to receive the newsletter.
13 - 14 Aug 2018
- Kota Kinabalu, Malaysia
Join us to discuss the industry’s best practices and advancements in offshore contaminated gas development.
2 - 3 Aug 2018
- Kuala Lumpur, Malaysia
14 Aug 2018
- The Woodlands, Texas, USA
13 Aug 2018
- The Woodlands, Texas
Plan to attend!
17 Sep 2018
- Calgary, Alberta, Canada
HSE Now is a source for news and technical information affecting the health, safety, security, environment, and social responsibility discipline of the upstream oil and gas industry.
©2003-2018 Society of Petroleum Engineers, All Rights Reserved.