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2013-10-17

GranEnergia Strikes US$500mn Platform Deal With Petrobras

Brazil - Oil & Gas - 11 Oct 2013 - Petrobras
Brazilian oil and gas logistics firm GranEnergia has agreed to build three offshore maintenance platforms in Brazil for state-owned oil company PetrĂ³leo Brasileiro (Petrobras) with an investment of US$500mn. As part of the deal, the first unit, dubbed Olympia, will begin operating in the Campos Basin, offshore Brazil, in early 2014; the second platform, Venus, is scheduled to start in Q414; while the third unit, Themis, is expected to come online in April 2015. GranEnergia is an energy arm of Brazilian holding company GranInvestimentos controlled by the Gradin family.

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