Rolls-Royce has announced plans to further invest in a new marine facility in Rio de Janeiro state to support customers in the expanding offshore oil and gas industry.
The company will commence construction of the facility at its 27,000m² site in May.
Rolls-Royce will use a new £22m marine facility in Duque de Caxias to assemble and test large thrusters, as well as other propulsion equipment for use on semi-submersible rigs, drill ships, FPSOs, and other complex offshore vessels.
The first set of UUC 405 thrusters for seven drill ships are being built by Brazilian shipyard Estaleiro Atlântico Sul for Sete Brasil, and delivery is set to start in June 2015.
UK Chancellor George Osborne said they have been working with the Brazilian government to strengthen their partnerships in the energy sector.
"A central part of the government’s long-term economic plan is to back British companies that are seeking to export more and help them secure success in emerging markets," Osborne said.
"I am very pleased to be able to announce the latest facility to be built by Rolls-Royce. It is an example of the success achieved by innovative British technology, drawn from years of experience in challenging environments such as the North Sea."
Rolls-Royce’s South America regional director Francisco Itzaina, CBE said the new facility will allow the company to support the investment of its marine customers and their operational needs, as they contribute to the development of deepwater oil and gas exploration and production activities in Brazil.
"Rolls-Royce welcomes any government initiative that aims to promote exports, especially from high-skills manufacturing industries. UK export finance has an important contribution to make in backing business and any expansion of its role would be a significant move," Itzaina said.
According to Rolls-Royce, this will be the company’s second investment made in the expansion of its marine capabilities in Brazil in 2014.