en.Wedoany.com Reported - Petrobras has recently formalized a contract extension agreement with Ventura Offshore for two offshore drilling rigs, aimed at ensuring the continuity of operations in key deepwater fields such as the Santos Basin. The agreement covers one semi-submersible drilling rig and one drillship, with firm charter periods extended up to 2031.

Semi-Submersible "Vitória" Secures 1,455-Day Firm Extension

As a sixth-generation ultra-deepwater dynamic positioning semi-submersible, the "Vitória" has secured a firm contract extension of 1,455 days. According to the agreement, this contract will take effect immediately upon the expiration of the current charter in January 2027. Prior to commencing the new contract, the rig will enter a layup period for its five-year special periodic survey and maintenance, and will be equipped with a Managed Pressure Drilling (MPD) system to enhance deepwater operational safety.

Public information indicates that the "Vitória" has a maximum operating water depth of 3,050 meters. Following the upgrade, the rig will be deployed to the Búzios field in Brazil's Santos Basin. This field is currently one of the world's largest deepwater oil fields and a core asset in Petrobras's production expansion plan.

"Atlântico Sunda" Charter Extended to 2029

The other asset involved in the extension is the seventh-generation ultra-deepwater dynamic positioning drillship "Atlântico Sunda". The vessel has secured a 365-day contract extension, ensuring its operational cycle continues at least until the second quarter of 2029. As an industry-leading drilling unit, the "Atlântico Sunda" is capable of operating at water depths of up to 3,660 meters, with technical specifications suited to the complex geological environment of Brazil's pre-salt fields.

Headquartered in Bermuda, Ventura Offshore possesses extensive operational experience in Brazil's deepwater drilling market. This contract extension solidifies its position as a core supplier to Petrobras.

Deepwater Supply Chain Synergy

This contract signing coincides with a global upcycle in deepwater rig day rates. By securing long-term charters, Petrobras effectively hedges against future equipment shortages and day rate volatility, ensuring the achievement of daily production targets at the Búzios field. For Ventura Offshore, the over four-year backlog significantly enhances its future financial visibility.

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