MAN, Petrobras Continue Collaboration Offshore Brazil

Business & Finance

MAN Continues Collaboration with Petrobras, Offshore Brazil

MAN Diesel & Turbo SE, the leading international manufacturer of large-bore diesel engines and turbomachinery, has concluded a long-term service agreement with the Brazilian energy group Petroleo Brasileiro (Petrobras) for the maintenance, repair and operational support of 20 MAN THM gas turbine trains on four offshore platforms in the crude oil and natural gas exploration area off the north-east coast of Rio de Janeiro.

The agreement spans five years and is the second extension of this service contract, which was originally signed in 2002. The value of the agreement is Euro 150 million.

The gas turbines drive ten gas compressors and ten generators on the Petrobras platforms Cherne 1 and 2, Garoupa and Pampo situated 150 kilometres off the Brazilian coast in the Campos Basin, where around 80 per cent of Brazil’s crude oil and natural gas production are located. The service agreement includes technical support for the operation of systems, regular maintenance work, any repairs that are required as well as spare parts and their logistics. Besides the core components turbine, compressor and generator, the contract also covers all auxiliary equipment as well as the control system.

The service from MAN Diesel & Turbo meets the particular requirements of the oil and gas business: round-the-clock availability 365 days a year, rapid response times to maintain operations and compliance with exacting safety and environmental requirements.

“The further extension of the service agreement confirms our excellent collaboration with Petrobras and represents a key reference on the Brazilian oil and gas market,” says Dr. René Umlauft, CEO of MAN Diesel & Turbo. “We are absolutely delighted to be a highly trusted partner of many years’ standing to Petrobras.”

MAN Diesel & Turbo operates over 100 service stations worldwide under the MAN PrimeServ brand, including stations in Brazil’s cities of Rio de Janeiro, Manaus, Macaé, Petrópolis and Salvador.

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Press Release, October 1, 2012