Production platform power play

Dresser-Rand Group Inc. is to supply on-site power equipment for the P-55 semi-submersible production platform in a deal worth approximately US$100 million.

The contract from Petrobras Netherlands B.V. to supply power generation packages and services includes a $78 million supply contract for four gas turbine driven power generation units using Dresser-Rand's modular VECTRA 40G power turbines and a services contract of up to $22 million.

P-55 will be a semi-submersible platform with a production capacity of 180 thousand barrels per day of oil. It will be installed in a water depth of 1795 meters at the Roncador field in the Campos Basin and is scheduled to begin operations in early 2012.

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