GE Oil & Gas inks $300M offshore equipment deal with Petrobras
GE Oil & Gas yesterday announced a more than $300 million contract with Petrobras for the first supply of the subsea manifold systems for Brazil’s pre-salt fields, located offshore in water depths up to 6,500 feet (2,000 meters).
This award includes eight manifolds that will be designed with retrievable injection modules to allow water-alternated gas injection for up to four wells, and system integration with subsea controls.
“This contract illustrates how GE Oil & Gas has expanded its portfolio of solutions to support development of Brazil’s pre-salt fields,” said Rod Christie, CEO of Subsea Systems for GE Oil & Gas. “Our company has developed solutions that are standardized around a series of pre-approved modules to meet our customers’ specific local needs.”
The equipment will be manufactured in Brazil, reinforcing the company’s commitment to comply with local content requirements.
“GE Oil & Gas has an enduring partnership with Petrobras to support the development technologies and solutions to support offshore operations in Brazil, especially pre-salt. We work to strengthen the relationship and support Petrobras’ challenges,” said Patricia Vega, President and CEO of GE Oil & Gas for Latin America.