Bloomberg the Company & Products

Bloomberg Anywhere Login


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

Rolls-Royce to Spend $200 Million on Brazil Pre-Salt, Valor Says

Don't Miss Out —
Follow us on:

Jan. 23 (Bloomberg) -- Rolls-Royce Holdings Plc plans to invest as much as $200 billion in projects linked to Brazil’s pre-salt oil reserves, Valor Economico reported, without saying where it got the information.

The investment relies on the company winning contracts with Petroleo Brasileiro SA, building a plant in the city of Rio de Janeiro to produce turbo power generators for oil platforms, and opening a training center close to the factory, the Sao Paulo-based newspaper said.

Francisco Itzaina, Rolls-Royce’s chief executive officer for South America, confirmed that Rio de Janeiro is one of the company’s main focus points in Brazil, because of the importance of the oil and gas industries, Valor said.

Rolls-Royce intends to increase the proportion of local parts it uses, Itzaina told Valor.

Story Link:{NSN LY8X6K6JTSED<GO>} Link to Company News:{PETR4 BZ <Equity> CN <GO>} Link to Company News:{RR/ LN <Equity> CN <GO>}

To contact the reporter on this story: Karen Eeuwens in London at

To contact the editor responsible for this story: Katerina Petroff at

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.