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GE signs record subsea wellhead contract of nearly US$1.1B with Petrobras
19 September 2012
GE Oil & Gas and Brazilian energy company Petrobras have signed the world’s largest subsea wellhead production contract, worth nearly US$1.1 billion (R$2.2 billion). This includes the delivery of approximately 380 subsea wellhead systems and installation tools needed in oil well exploration; more than 75% of the parts will be made in Brazil.
GE announced the award of the contract at the 2012 Rio Oil & Gas being held 17-20 September in Rio de Janeiro.
In 2009, GE Oil & Gas and Petrobras signed what was then the biggest wellhead contract in history to date (in terms of number of wellheads), worth US$250 million.
Petrobras plans to install the subsea wellhead systems in various oil and gas fields in Brazil, including sub-salt. The equipment will be produced at the GE plant in Jandira (São Paulo), where GE has invested US$30 million to expand production capacity.
In the last 30 years, more than 1,200 GE wellhead systems and 180 subsea Christmas trees have been produced and installed in Brazil.
September 19, 2012 in Brief | Permalink | Comments (0) | TrackBack (0)
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