Petrobras & Constellation Team Up for Offshore Drilling Work in Brazil
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Petrobras has partnered with Constellation in a $528 million deal to deploy the Amaralina Star drillship for offshore drilling in Brazil, enhancing operations in key oil fields.
December 19, 2024 | 12:15 pm
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Petrobras has entered a $528 million partnership with Constellation to deploy the Amaralina Star drillship for offshore drilling in Brazil, which is expected to enhance operations in key oil fields.
The partnership with Constellation and the deployment of the Amaralina Star drillship is a significant investment for Petrobras, likely to enhance its operational capabilities in key oil fields. This could lead to increased production and revenue, positively impacting the stock price.
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