Petrobras CEO Defends Company's Honor

Wednesday, May 02, 2001
The top executive of Brazilian state oil giant Petrobras on Tuesday defended his company's acceptance of an industry achievement award despite suffering the loss of the world's largest deepwater oil rig in March.

Petrobras president and CEO Philippe Reichstul dedicated the 2001 Offshore Technology Conference Distinguished Award for Companies and Organizations to the 11 workers who died when two explosions rocked the P-36 rig on March 15.

Reichstul said Petrobras accepted the award because it recognizes the company's advances in subsea production systems, not the drilling platform proper. The subsea systems were not damaged in the sinking, he said.

"We've been amazed by the way everything is impeccable subsea," Reichstul said at the 2001 Offshore Technology Conference (OTC) yesterday. The conference's board awarded Petrobras for advancements in deepwater technology and the economic plans employed to develop the Roncador field off of Brazil's coast, the 2001 OTC chairman said.

"We offer our sincere condolences to (the victims') families. OTC continues with its plans to recognize Petrobras as the recipient," of the award, the chairman said.

Maritime Today


The Maritime Industry's original and most viewed E-News Service

Maritime Reporter January 2016 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Offshore

Corima Acquires Damen ASD 2810 Tug

On 20 January 2016, Corima, part of the Italy-based Gesmar Group, held an official handover ceremony for a Damen ASD 2810 tug. The festivities were attended by

HHI to Localise Main Equipment for Offshore Plants

Hyundai Heavy Industries and Doosan Heavy Industries Collaborate in Localizing Main Equipment for Offshore Plants   Seoul, South Korea – February 4 – Hyundai Heavy Industries (HHI),

European Consortium Launches Blue Nodules Project

On 1 February a European consortium launched a new Horizon 2020 project: Blue Nodules. This project addresses the challenge of creating a viable and sustainable

Maritime Security

Russia Confirms Tanker Seized by Niger Delta Militants

Russia’s embassy in Nigeria confirmed on Thursday that the Greek-owned oil tanker Leon Dias has been hijacked in the Gulf of Guinea, reports TASS.   There are

India, China Open Maritime Talks

Amid enduring tensions over the South China Sea, India and China held inaugural round of talks on maritime cooperation on February 04 in New Delhi.    The meeting

MGI is Newest IPCSA Member

Press release- A month after celebrating its 30th anniversary, the Marseille-based Port Community System operator MGI has been welcomed as the newest member of

 
 
Maritime Security Maritime Standards Naval Architecture Pipelines Pod Propulsion Salvage Ship Electronics Ship Repair Ship Simulators Winch
rss | archive | history | articles | privacy | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.0744 sec (13 req/sec)