GE Oil & Gas has secured a subsea equipment contract worth more than $300m from Brazilian energy firm Petrobras.

Under the contract, GE Oil & Gas (GE) will deliver the subsea manifold systems for Petrobras’ pre-salt fields, located offshore Brazil in water depths up to 6,500ft.

"This contract illustrates how GE Oil & Gas has expanded its portfolio of solutions to support development of Brazil’s pre-salt fields."

The deal requires GE to deliver 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.

GE will manufacture the contract’s equipment in Brazil as part of its commitment to comply with local content needs.

GE Oil & Gas subsea systems CEO Rod Christie said: "This contract illustrates how GE Oil & Gas has expanded its portfolio of solutions to support development of Brazil’s pre-salt fields.

"Our company has developed solutions that are standardised around a series of pre-approved modules to meet our customers’ specific local needs."

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

GE signed a frame agreement in 2012 to supply subsea wellheads for pre-salt fields.

Petrobras said the most productive oil wells in Brazil are in the pre-salt fields.

Located in the Sapinhoá field, in the Santos Basin, the best well in the country produces an average of 34,000 barrels per day.

The well is one of four interconnected to FPSO Cidade de São Paulo, which reached its maximum capacity of 120,000 barrels per day in July.

As of July, the Santos Basin pre-salt areas had 28 producing wells, 13 in the Santos Basin and 15 in the Campos Basin.

By late 2018, 20 new platforms are anticipated to be deployed in the region, of which 19 will be in the Santos Basin.

Energy