Under the first contract, GE will supply a blowout preventer (BOP) stack and controls system, to be installed on a Petroserv-owned drillship for oil and gas production activities offshore Brazil.

In addition, GE will supply two complete drilling packages to be installed on Odebrecht Oil & Gas owned drill-ships, each including a 10,000ft riser system and BOP stacks and controls.

GE Oil & Gas manufacturing plants in Houston, Texas, and Singapore will jointly manufacture the equipment for these orders, with deliveries scheduled between October 2010 and November 2011.

DSME builds various vessels, offshore platforms, drilling rigs, floating oil production units, submarines and destroyers.

Petroserv is a Brazilian offshore service company, and Odebrecht Oil & Gas is a Brazilian business conglomerate in the field of drilling, oil production and services for the oil industry.