Queiroz Galvao Oleo e Gas S.A. (“QGOG”) announces that began operations for Shell of its onshore rig QG-I in the Sao Francisco Basin, Minas Gerais State. The contract runs through November 2013.
“We are delighted to have started this partnership with Shell for its onshore drilling programs in Brazil. Our track record in this market for over 30 years and our commitment to the highest industry requirements in terms of QHSE places us in a very unique position to capture the opportunities stemming from the positive outlook for further development of the onshore market in Brazil” – said Mr. Leduvy Gouvea, CEO of QGOG.
The QG-I is a conventional onshore rig with a drilling depth capacity of up to 16,500 feet. It is equipped with modern technology, including Draw works 1600 HP.
QGOG owns a fleet of nine onshore rigs, with eight operating in Amazonia, Brazil, and twelve offshore rigs, with eight under operation for Petrobras and four under construction.
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