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GE wins US$160m Floating Production Unit contract

Contract signed with Petrobras for two FPSO units offshore Brazil

GE wins US$160m Floating Production Unit contract
GE wins US$160m Floating Production Unit contract

GE announced Wednesday that it will supply gas turbine and compressor equipment to Petrobras Netherlands BV (PNBV), a subsidiary of Brazil’s Petrobras, for deployment in two floating production, storage and offloading (FPSO) units for exploration and production offshore Brazil.

The US$160 million contract for FPSO units P-58 and P-62 awarded to GE is a significant assignment of orders for both power generation and compression packages to a single provider of equipment and services.

Joe Mastrangelo, Vice President, turbomachinery for GE Oil & Gas said: “We’re delighted to strengthen our already solid partnership with Petrobras with this double award for power generation and compression packages. As part of our optimum value solution, we are able to design reliable technology with reduced weights and dimensions to improve the performance and efficiency of both Petrobras floating production units.”

The technology will be deployed in two Petrobras FPSO vessels in the north of the Parque das Baleias Field in Espirito Santo and the Roncador Field in the Campos Basin that, combined, will support production of 360,000 bpd scheduled to come online in 2013.

Under the award, GE Oil & Gas will supply eight 31.1 MW PGT25+ gas turbine generator sets and 12 motocompressor trains (either LP or HP) for the two vessels of up to 200 bar discharge pressure for natural gas export/gas lift. In addition, GE Oil & Gas also will contribute relevant local content participation by supplying both the electric generator and the electric motors for the P58 and P62 projects from the Brazilian market. GE Oil & Gas will also provide technical advice for onsite installation and startup and training to support both plants.

The equipment will be manufactured in Florence, Italy, with full load string and performance tests conducted at GE’s production site.

GE Oil & Gas said that this latest contract has helped it extend its presence across Latin America‘s oil and gas sector, with more than 1,000 gas turbines and compressors installed throughout the region. In addition, the company has inspected more than 50,000 kilometres of oil, gas, water and refined product pipelines in Latin America.

Based in Rio de Janeiro, Petrobras controls oil and energy assets in 18 countries worldwide. Petrobras is an integrated company that operates in oil and oil byproduct exploration, production, refining, marketing and transportation.

GE Oil & Gas which employs 12,000 people across 100 countries, is an advanced technology equipment and services provider for all segments of the oil and gas industry.  Its area of focus are in drilling and production, LNG, pipelines and storage to industrial power generation, refining and petrochemicals. It also provides pipeline integrity solutions, including inspection and data management. As part of our ‘Innovation Now’ customer focus and commitment, GE Oil & Gas leverages technological innovation from other GE businesses, such as aviation and healthcare, to continuously improve oil and gas industry performance and productivity. GE Oil & Gas employs more than 12,000 people worldwide and operates in over 100 countries.

 

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