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Wednesday, Apr 3
GE's Power Conversion unit reportedly will announce $600M worth of contracts to supply...
GE's Power Conversion unit reportedly will announce $600M worth of contracts to supply propulsion, dynamic positioning, vessel automation and drilling systems under Brazil's ambitious rig-building program. The contracts are for the supply of propulsion systems on 22 ultra-deepwater rigs being built for Sete Brasil, the entity that will own the units and charter them to Petrobras (PBR).