Petrobras discovers large volumes of light oil in the Espírito Santo pre-salt layer

Petrobras discovers large volumes of light oil in the Espírito Santo pre-salt layer

Petrobras announces that it has completed the drilling of two new wells in the pre-salt layer off the coast of Espírito Santo and proved an expressive discovery of light oil (30 degrees API) in the area called Parque das Baleias. The recoverable volume of the discoveries, made in pre-salt reservoirs located underneath the Baleia Franca, Baleia Azul, and Jubarte heavy oil fields. Full text

ODIM gets automated handling system contract for subsea operations

2007.12.03 - Subsea Headlines

ODIM has been awarded a contract by an international client for delivery of automated handling systems for subsea operations. The contract has a value of approximately NOK 45 million. The systems are due for delivery within 2010.

`ODIM`s subsea solutions have been developed in close cooperation with our clients, and we are pleased to experience that ODIM is making operations more efficient for an increasing number of clients`, comments Vice President Subsea, Lidvar Liaset.

He underlines that ODIM considers this a successful commercialisation of automated handling systems for subsea- and deepwater operations, a business area in which the company sees a considerable potential.

For further information please contact: Øyvind Olsen, Senior Vice President, Communications, ODIM ASA, mobile +47 911 85 817 Lidvard Liaset, Vice President, Subsea, mobile +47 90 59 19 30




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