GE signs historic $300M deal to help improve maintenance inspections of 11 Petrobras power plants in Brazil
BADEN, SWITZERLAND—In a historic agreement, GE’s Power Services business announced that it will service power generation equipment in 11 power plants owned by Petrobras, Brazil’s majority state-owned oil company. Valued at more than $300 million, the deal represents GE’s largest transactional power generation services agreement in Latin America. The fleet under the contract represents approximately 80 percent of the Petrobras total installed fleet and generates 4.3 gigawatts (GW) of energy, equivalent to the residential power consumption of 57 million Brazilians.
“Petrobras is an integrated energy company with a focus on oil and gas and constant commitment for greater efficiency in our investments and reduction of our costs without compromising our safety and production goals,” said Alexsandro Silva, general manager of Support for the Operation of Energy Assets of Petrobras. “Petrobras and GE have been working together for several years to ensure high performances of the power generation assets installed at our plants. We are pleased about this unique transaction experience with GE, which is expected to help Petrobras to accomplish the scheduled outages of our assets for the next four years while also increasing significantly our savings in maintenance throughout the duration of the agreement.”As the original equipment manufacturer (OEM) of the assets, GE’s expertise
“This historic win marks our largest transactional power generation services agreement in Latin America,” said Scott Strazik, president
The four-year agreement signed in December 2017 includes inspections, parts and repairs for 20 of GE’s heavy-duty gas turbines (four 6FA, six 7FA, 10 GT11N2), 23 of GE’s LM6000
Besides its laser-focused domain expertise on power generation technology, GE’s execution teams in Latin America have played a significant role improving cycle time, quality and service to Petrobras as well as other companies in the region.
GE is also working with CELSE (Centrais Elétricas de Sergipe S.A.) on a turnkey combined-cycle plant project being built in Barra dos Coqueiros in the state of Sergipe. The project will include three of GE’s industry-leading 7HA heavy-duty gas turbines, as well as
“GE continues to help our customers find ways to remain competitive in today’s ever-evolving energy landscape,” said Daniel Meniuk, GE’s region general manager for Brazil. “We’ve contributed in a more assertive and robust way to the development, diversification
GE has had a long-standing presence in Brazil for 98 years. Today, there are more than 12,000 GE employees in the country working throughout all GE industrial businesses, including 28 production and services sites.
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