ROLLS-ROYCE has secured a £38million contract to supply a newly developed anchor-handling system that will enable floating production units to be secured to the seabed in extreme conditions offshore Brazil, where a string of large discoveries awaits development.
Petrobras is totally reshaping Brazil's offshore petroleum industry with a string of spectacular pre-salt (sub-salt) oil discoveries which have, in less than two years, catapulted South America's leading producer up the international hydrocarbon reserves league table.
The global population of floating production units is growing rapidly, with Brazil, US Gulf of Mexico and West Africa out in front in terms of their application.
