It’s a gas: GE began its oil and gas operations in Brazil in 1989. Just last year the company won a $250 million contract to supply Petrobras of Brazil with 250 of GE’s advanced VectroGray subsea wellheads for deep-sea drilling. The VectroGray wellheads are manufactured in the GE Oil & Gas Jandira plant in Sao Paulo, Brazil. “Overall, oil and gas is one of the major opportunities we have in Brazil,” Ferreira said.

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Posted on September 19, 2012