One source told Upstream that Ocean Rig recently assumed the operatorship of the high-spec dynamically-positioned drillship Cerrado.
It is understood that the deal is similar to the agreement reached a few months ago between Brazilian newcomer Bambu Servicos de Petroleo & Gas and Schahin, in which the former took over the management of the semi- submersible rigs Amazonia and Pantanal.
“The terms of the Cerrado management agreement are confidential...
