pbra20101126_6k1.htm - Provided by MZ Technologies

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549



FORM 6-K

Report of Foreign Private Issuer
Pursuant to Rule 13a-16 or 15d-16 of the
Securities Exchange Act of 1934

For the month of November, 2010

Commission File Number 1-15106



PETRÓLEO BRASILEIRO S.A. - PETROBRAS
(Exact name of registrant as specified in its charter)



Brazilian Petroleum Corporation - PETROBRAS
(Translation of Registrant's name into English)



Avenida República do Chile, 65
20031-912 - Rio de Janeiro, RJ
Federative Republic of Brazil
(Address of principal executive office)

Indicate by check mark whether the registrant files or will file annual reports under cover Form 20-F or Form 40-F. 

Form 20-F ___X___ Form 40-F _______

Indicate by check mark whether the registrant by furnishing the information contained in this Form is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.

Yes _______ No___X____

 

This report on Form 6-K is incorporated by reference in the Registration
Statement on Form F-3 of Petróleo Brasileiro -- Petrobras (No. 333-163665).


 

 

 

 

Bidding for the Pre-salt drilling rigs

 

 

 

Rio de Janeiro, November 26, 2010 – Petróleo Brasileiro S.A. - Petrobras informs about the commercial proposals received for the three bidding process executed to the contract of up to 28 drilling rigs to be built in Brazil, for the development of the pre-salt area.

 

 

The results are presented below:

 

 

(1)  Bidding for the construction of two drilling rigs:

 

Companies

First Unit

(US$)

Second Unit

(US$)

EAS

719,020,000

719,020,000

Keppel

748,880,000

748,880,000

Jurong

870,000,000

820,000,000

Andrade Gutierrez

966,217,533

1,170,261,916

CNO/OAS/UTC

988,655,167

988,655,167

 

 

(2)  Bidding for the construction of seven rigs packages

 

Companies

Seven Rigs Packages

(US$)

Average value per rig

(US$)

EAS

4,650,000,130

                      664,285,733

Alusa/Galvão

4,678,986,295

                      668,426,614

Keppel

5,172,160,000

                      738,880,000

Jurong

5,178,600,000

                      739,800,000

CNO/OAS/UTC

5,311,101,656

                      758,728,808

EISA

5,492,666,662

                      784,666,666

Andrade Gutierrez

5,768,740,497

                      824,105,785

 


 

 

 

(3)  Bidding for the charter of packages up to four rigs

 

 

Companies

Type

Mobilization Fee US$

Daily Rate

US$

Etesco Construções e Comércio

drillship

25,933,320

648,333

Etesco

semi-sub

25,599,960

639,999

Petroserv S.A.

semi-sub

31,600,00

790,000

Queiroz Galvão Óleo e Gás S.A.

semi-sub

23,695,000

677,000

Saipem do Brasil Ltda

drillship

22,500,000

740,000

 

 

The three biddings will be analyzed by its respective commissions that will evaluate all the proposals before the release of the final result.  The Company will decide for the number of rigs to be contracted in each bidding process, considering the proposals, potential benefits and tenors.

 

 



 
www.petrobras.com.br/ri/english

Contacts: PETRÓLEO BRASILEIRO S. A. – PETROBRAS

 Investor Relations Department I E-mail: petroinvest@petrobras.com.br / acionistas@petrobras.com.br

Av. República do Chile, 65 – 22nd floor - 20031-912 - Rio de Janeiro, RJ  I Tel.: 55 (21) 3224-1510 / 9947

 

 

 

This document may contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended (Securities Act), and Section 21E of the Securities Exchange Act of 1934, as amended (Exchange Act) that merely reflect the expectations of the Company’s management. Such terms as “anticipate”, “believe”, “expect”, “forecast”, “intend”, “plan”, “project”, “seek”, “should”, along with similar or analogous expressions, are used to identify such forward-looking statements. These predictions evidently involve risks and uncertainties, whether foreseen or not by the Company. Therefore, the future results of operations may differ from current expectations, and readers must not base their expectations exclusively on the information presented herein.

 


 
SIGNATURE
 
 
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

Date: November 26, 2010
PETRÓLEO BRASILEIRO S.A--PETROBRAS
By:
/S/  Almir Guilherme Barbassa

 
Almir Guilherme Barbassa
Chief Financial Officer and Investor Relations Officer
 
 

 

 
FORWARD-LOOKING STATEMENTS

This press release may contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended (Securities Act), and Section 21E of the Securities Exchange Act of 1934, as amended (Exchange Act) that are not based on historical facts and are not assurances of future results.  These forward-looking statements are based on management's current view and estimates of future economic circumstances, industry conditions, company performance and financial results. The words "anticipates", "believes", "estimates", "expects", "plans" and similar expressions, as they relate to the company, are intended to identify forward-looking statements. Statements regarding the declaration or payment of dividends, the implementation of principal operating and financing strategies and capital expenditure plans, the direction of future operations and the factors or trends affecting financial condition, liquidity or results o f operations are examples of forward-looking statements. Such statements reflect the current views of management and are subject to a number of risks and uncertainties. There is no guarantee that the expected events, trends or results will actually occur. The statements are based on many assumptions and factors, including general economic and market conditions, industry conditions, and operating factors. Any changes in such assumptions or factors could cause actual results to differ materially from current expectations. 
All forward-looking statements are expressly qualified in their entirety by this cautionary statement, and you should not place reliance on any forward-looking statement contained in this press release. We undertake no obligation to publicly update or revise any forward-looking statements, whether as a result of new information or future events or for any other reason.