Brazil Tries To Save Oil Rig
by PETER MUELLO
Associated Press Writer

RIO DE JANEIRO, Brazil (AP) -- A crippled oil rig slipped deeper into
the south Atlantic on Friday, as federal petroleum giant Petrobras
weighed the risks of trying to go aboard to prevent a spill of the
400,000 gallons of oil on board.

Three explosions Thursday killed one worker and left nine other missing
and presumed dead.

''We want to be sure it won't sink suddenly, and that if experts go
aboard there is no risk,'' said Irani Varela, the company's director of
security.

The blasts damaged a pillar supporting the rig, Brazil's largest, 75
miles off the Atlantic coast. The rig was the top producer in the rich
Campos Basin, 120 miles northeast of Rio, which accounts for most of the
1.5 million barrels Brazil produces daily.

Petrobras said 164 people were ferried to safety. One worker died of
burns and another was hospitalized in serious condition. Nine others
were missing and presumed dead, Varela said.

The rig was listing at a 30-degree angle and had sunk between 20 and 40
inches since Thursday, he said, adding that it had not tilted any
further and there was still a chance to save it.

''We are working to recover it,'' Varela said. ''We are trying to remove
part of the water (from flotation tanks) so it will return to a
horizontal position.''

But Petrobras Chief Executive Henri Philippe Reichstul was more
pessimistic, saying the rig could sink within 48 to 72 hours.

''Our efforts continue but the platform is sinking more and more,''
Reichstul said at a news conference.

Thirteen ships with floating anti-oil barriers were stationed around the
rig, he said. Some 400,000 gallons of crude oil and diesel fuel were
still aboard and could spill into the sea if the rig sinks.

Reichstul said Thursday there was no spill from the accident and that
all the undersea oil and gas wells had been sealed.

Meanwhile, Petrobras workers hung a huge black banner from the company's
headquarters in downtown Rio on Friday in mourning for the victims and
to protest against what some said were lax safety standards. Refinery
workers also stopped work briefly.

The accident has sparked a debate over recent changes in the company,
which is trying to shed its image as an inefficient state-run behemoth.
Under Reichstul, the company registered a record net profit of $5
billion last year.

But Petrobras also has sharply reduced its payroll and hired private
companies to do many jobs its own employees used to do. Critics say the
private-sector workers are not as well trained, which increases safety
risks.

The accident also added to pessimism over the government's efforts to
revert last year's trade deficit. Brazil will have to import oil to
cover the 84,000 barrels a day the rig was producing, and the prospect
of rising inflation and higher debt sent the currency, the real, to a
two-year low, at 2.10 reals to the dollar.

The Central Bank sold dollars and the real recovered slightly Friday.

Petrobras Finance Director Ronnie Vaz Moreira said that if production at
the site of the accident was not resumed this year, the company would
have to shave $450 million from its projected 2001 earnings.
AP-NY-03-16-01 1857EST<
_______________________________
Denise Luna
RIO DE JANEIRO, Brazil (Reuters) - The world's biggest offshore oil rig,
hit by a series of blasts that apparently killed 10 people on Thursday,
may sink in 48 hours as the chances of recovery fade, the rig's
Brazilian (news - web sites) owners said on Friday.

The president of state oil company Petrobras (news - web sites) Henri
Philippe Reichstul also told reporters the possibility of finding any of
nine missing workers alive was ``very remote´´. So far one person
has been confirmed dead.

``Petrobras is in mourning,´´ he said.
If the giant 40-story rig off the coast of Rio de Janeiro state sinks
and damages shutters of underwater wells, it could cause Brazil's worst
environmental catastrophe, according to engineers.
Three powerful blasts rocked the rig with 175 workers aboard on
Thursday. The cause of the explosion is still unknown.

``The prospects of stabilizing the platform are diminishing,´´
Reichstul said, adding that the company, Brazil´s biggest, was doing
everything possible to save the rig.
Workers were pumping nitrogen into the damaged hull of the platform to
keep it afloat. The accident has jeopardized Petrobras' oil production
goals.

The rig, insured for $500 million, is listing to one side and slowly
sinking as blasts had damaged one of its support columns. Officials said
on Friday it was listing around 24 degrees, or over 2 times more than
the Leaning Tower of Pisa.

``If the rig sinks there is the distinct possibility that some or all of
the 21 pipelines could rupture,´´ said Argemio Pertence, director of
the Association of Engineers who worked for Petrobras for 25 years. ``It
would be a catastrophe.´´
He said that if it does not sink there is virtually no risk of
environmental damage. No spills have been reported so far.

The P-36 rig could produce up to 180,000 barrels of crude oil per day,
making it the world's biggest platform, but after starting operations
last year, it was only pumping out 80,000 barrels daily, or 5 percent of
Brazil's total output.

Mourning And Protests
If the death toll climbs, the incident could also be Petrobras' worst
accident since 1984 when 36 people were killed in a platform explosion
and fire.

One worker was in a hospital with severe burns and doctors described his
condition as ``very serious´´ on Friday.
Petrobras lamented the incident in a statement in main newspapers: ``It
was an accident of serious proportions and particularly painful as it
involves the loss of human lives.´´

Public outrage mounted against Petrobras, which has had two major oil
spills and a series of accidents in which 81 workers died in the last
three years.

Oil workers at Reduc, one of the country's biggest refineries, held a
two-hour protest wearing black arm bands before punching in and
employees at another refinery held a moment of silence for the victims
of the explosion.

``I don´t know if I´ll be able to go back to work,´´ said a
platform worker in Macae, where Petrobras´ heads up offshore
operations for Rio state. ``I´ve always known that there is a constant
risk but this just makes you think again.´´

Workers accuse Petrobras of outsourcing work to inexperienced workers to
cut costs, thus putting employees at risk and endangering the
environment.

In January 2000, a Petrobras pipeline in Rio's scenic bay ruptured. The
340,000-gallon spill coated scores of marine birds and fish. The oil
giant dumped more than four times as much crude into a major river six
months later.

LOSSES OF $50 MILLION A MONTH
The rig is located in the Roncador oil field 78 miles offshore in the
Campos Basin, which produces 80 percent of crude in Brazil's booming oil
industry.

If the immense platform, whose deck is now dipping into the water, did
sink, it could still dump the 316,000 gallons of diesel and 79,000
gallons of crude stored on the rig into the open sea.

Petrobras said it had five ships around the rig able to contain this
potential spill.
All production was halted at P-36 and Petrobras said it could lose $50
million a month with the rig out of operation. Oil imports would then
rise, hurting Brazil's fragile trade balance.





  











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