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Felsberg e Associados Advises Mike Mullen Energy Equipment Resources and Etesco Drilling Company B.V. on USD 580 Million Contracts in Brazil

The Rio de Janeiro Oil & Gas Department of Felsberg, Pedretti, Mannrich e Aidar Advogados (“Felsberg e Associados”), coordinated by partner David L. Meiler, has advised Mike Mullen Energy Equipment Resources, Etesco Drilling Company B.V. and Etesco Construções e Comércio Ltda. during direct negotiations with Petroleo Brasileiro S.A. (“Petrobras”) for the extension of the charter and services contracts for the drill ship Peregrine 1.

Such deals represent a potential revenue of approximately USD 580 million in daysrates, throughout the extension of the contracts.

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