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Joao Carlos Ferraz, CEO of Seth Shipyard, pointed out that the localization rate of drilling equipment built by the shipyard for Petrobras was 60%, which is inconsistent with international industry standards.
He pointed out that the drilling equipment built in Brazil is 15% more expensive than the drilling equipment built by Korean shipyards. This shows that Brazil's economic needs for its workforce to meet the prosperity and development will face the challenge of education and training.
The extremely tight labor market has become a threat to the central bank's efforts to control inflation. Brazil's inflation has exceeded the target ceiling, an annual increase of 6.5%.
During the Domestic Equipment Support Content Forum held in Rio de Janeiro, Ferrer Shipyard CEO Ferraz asked the government to reduce the amount of equipment provided to companies in the shipping industry from 60% to 40% according to South Korea.
Ferraz pointed out that “although there are already many orders in Korea, South Korea still cannot achieve the 40% localization target. According to current requirements, if each component is produced domestically, it will be more difficult and costly to build drilling equipment in Brazil. higher."
As a package, 28 Seth shipyards capable of drilling several thousand seabeds to find oil and gas deposits have been awarded the bid to build seven drilling rigs from Petrobras.
Brazilian oil company CEO ose Sergio Gabrielli responded that even if the drilling equipment built by South Korea is not considered more competitive, if the Seth shipyard "really received the next batch of drilling equipment at a low price, Seth Shipyard will lose money" .
Due to the high bid price of Brazilian shipyards, Petrobras has cancelled more than one tender for the construction of new drilling equipment and ships in Brazil in recent months.
Gabrielli pointed out that the Brazilian industry has responded adequately to the demand for new ships and services created by Petrobras to develop sub-salt fields.
The company expects to build 568 auxiliary ships for the development of offshore oil and gas by 2015. The company also plans to build 94 platforms and 65 drilling equipment during the same period. 
Construction of drilling equipment in Brazil has encountered costly tests
Brazil's main shipyard, the Seth Shipyard, said recently that it is unrealistic for the government to increase the demand for oil drilling rigs, platforms and domestically built domestic reserves for Brazil to develop its huge offshore oil reserves.