Petrobras sign contract with GE Oil & Gas for subsea wellhead systems

By a la/s
Petrobras has signed $1.1 billion for underwater wellheads with GE oil & gas (NYSE: GE) signed. The contract provides for the supply of 380 wellhead systems and installation tools, which is made more than 75% of the parts in Brazil.

Petrobras plans allegedly the underwater wellhead install systems in various oil and gas offshore fields Brazil, including sub ALT.

The equipment is produced in the GE plant in Jandira, São Paulo, where GE has invested $30 million to increase the production capacity.



"Site Jandira was so that GE oil & gas, to world-class technology to make crucial and has prioritized Brazilian production, a critical component in local social and economic growth, said Fernando Martins, President of the subsea systems for GE in Latin America."