Rheinmetall International Engineering (REI), a joint venture of Rheinmetall AG and Ferrostaal GmbH, will shortly be delivering the first modules as part of a large-volume order in Brazil, which gives the company a valuable strategic anchor in South America.
Booked by Ferrostaal Industrieanlagen Óleo e Gás do Brasil (FIA do Brasil), Brazilian subsidiary of Rheinmetall International Engineering, the total order is worth several hundred million euros.
Starting in July, the first modules for special ships are to be delivered and installed.
These production and storage units will play an important role in exploiting oil and gas fields off the coast of Brazil.
Ferrostaal contributed this major contract to Rheinmetall International Engineering, which began operating in January 2014.
The contract encompasses six special ships for gas and oil extraction.
Serving as general contractor, FIA do Brasil is responsible for the ships in a consortium with Brazil’s Tomé Engenharia S.A.
These floating production storage and offloading vessels, or FPSOs, are being built entirely in Brazil.
Rheinmetall AG expects REI’s activities in Brazil, where the joint venture has strong local infrastructure and is firmly anchored in South America’s largest economy, to provide valuable impetus for sales of its core defence technology products.
Production yard in Maceió, Brazil.
