New: Buy Now on Thomas and Pay Over Time with Credit Key   Learn More

GE Oil and Gas Awarded over $300 Million Subsea Equipment Contract from Petrobras


The Company Will Supply Subsea Manifolds for Petrobras’ Pre-Salt Fields



RIO DE JANEIRO – GE Oil and Gas (NYSE: GE) today 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.



In 2012, GE signed a frame agreement for delivery of subsea wellheads for pre-salt fields. With a complete portfolio, GE Oil & Gas is a world leader in advanced technologies and services for the oil and gas industry.



With 43,000 employees in more than 100 countries, GE Oil & Gas supports the industry from extraction to transportation to end use. The company works in collaboration with its customers to develop smart solution across the oil and gas value chain delivering the innovation, customized service solutions, training programs and technology that helps them to maximize their efficiency, productivity and equipment reliability.



About GE

GE (NYSE: GE) works on things that matter. The best people and the best technologies taking on the toughest challenges. Finding solutions in energy, health and home, transportation and finance. Building, powering, moving and curing the world. Not just imagining. Doing. GE works. For more information, visit the company's website at www.ge.com.



About GE Oil & Gas

GE Oil & Gas works on the things that matter in the oil and gas industry. In collaboration with our customers, we push the boundaries of technology to bring energy to the world. From extraction to transportation to end use, we address today's toughest challenges in order to fuel the future.



Media contacts:



GE news

Masto Public Relations

Email: information@mastopr.com



Alessandra Fonseca

GE Oil & Gas - Latin America

Phone: +55 21 3548 3195

Mobile: +55 21 96901 6669

Email: alessandra.fonseca@ge.com



Marcela Thyse

Ideal Agency Public Relations

Phone: +55 21 3548 3294

Mobile: +55 21 98168 3929

Email: marcela.thyse@ge.com  

More from Services

All Topics