Rolls-Royce in $650m deal with Petrobras
11 April 2012
Rolls-Royce has been awarded contracts worth up to $650 million by Brazil's state oil company Petrobras to support its offshore production activities.
Rolls, which is also the world's second-largest maker of aircraft engines, in February announced plans for the construction of a new $100 million purpose-built gas turbine assembly and test facility in the state of Rio de Janeiro which is expected to become operational in the first quarter of 2013.
The British company also said it would expand its presence in Greater China with the development of a new Marine Service Centre on Hong Kong's Tsing Yi Island, scheduled to open in 2012.
