Petrobras
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SolarBrazil Oil Major Buying Renewable Energy Assets
Renewable energy in Brazil will get a boost after the chief executive of Petrobras, the country’s state-run oil giant, said the company will begin buying solar power and onshore wind projects in an effort to build a clean energy portfolio. Jean Paul Prates, in an interview with the Reuters news service published Jan. 22, said […]
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Press Releases
GE Signs Historic $300M Transactional Services Deal to Help Improve Maintenance Inspections of 11 Petrobras Power Plants in Brazil
BADEN, SWITZERLAND (April 16, 2018) — In a historic agreement, GE’s Power Services business (NYSE: GE) announced today 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 […]