Mitsubishi - Petrobras JV to build drillship

Mitsubishi Corp., Japan?s largest trading house, and Brazil?s state-controlled Petroleo Brasileiro SA will build a $830 million vessel to drill in deep seas for crude oil and natural gas. The vessel would be capable of drilling in ocean depths of just over 3,000 meters (10,000 feet), Mitsubishi said in a ...

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