Petrobras selects Rolls-Royce for on-site power project

Rolls-Royce (LSE: RR) has won an advanced maintenance and services contract to provide on-site power support Petrobras offshore oil production activities in Brazil.

The $138m, five-year services contract will see Rolls-Royce supply Petrobras (NYSE: PBR) servicing fifteen Rolls-Royce RB211-G62 industrial gas turbine power generation units which are installed on four oil platforms operating in the petroleum rich, pre-salt Campos Basin.
RR engine
The four Petrobras platforms, which together can produce over 500,000 barrels of oil per day, or 25 per cent of Brazil’s entire output, are reliant on nearly 375 MW of Rolls-Royce generated power to maintain a consistently high production output.

The Long Term Service Agreement (LTSA) contract, which has a potential value of up to $220M over its five-year renewal period, will help ensure that the Rolls-Royce units continue to operate at peak performance levels of efficiency and reliability.

Over fifty Rolls-Royce engineers and technicians are working on the project, most based full-time on the four oil platforms.

The Rolls-Royce Energy workshop at Macae in Brazil supports their work, and in 2014 Rolls-Royce will inaugurate a new, $100m plus investment, purpose-built gas turbine package, assembly and test facility in Santa Cruz in the state of Rio de Janeiro.

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