WEG provides turbines and electrical motors to the platforms of the Búzios Field, the most important discipline. abroad in deep waters world wide – at a time when the corporate is looking for a spot within the oil & gasoline sector to undergo the decarbonization of operations.
In whole, WEG has offered R360 million value of kit to Búzios within the final 18 months – 30% of which is but to be delivered.
Among the tools provided by WEG to firms equivalent to Siemens Energy are 24 massive turbines, 120 medium voltage motors, 39 medium voltage frequency inverters and 300 low voltage motors.
Machines are produced in Brazil, India and Portugal.
WEG’s worldwide company director, Elder Stringari, stated Brazilian Journal that about 10% of WEG’s income – which might be $32 billion by 2023 – comes from the oil and gasoline sector, which the corporate entered in 2015.
According to Stringari, the sector’s participation ought to stay in WEG’s earnings, however the means of decarbonisation might be gradual – each within the oil and within the petrochemical business.
At the identical time, Stringari is seeing a rise in funding in decarbonisation within the sector, which favors WEG’s electrical machines.
Last month, Petrobras introduced that the Búzios Field reached the manufacturing of 1 billion barrels, representing the overall manufacturing of 5 energetic items: FPSOs P-74, P-75, P-76, P-77 and Admiral. Barroso.
WEG shares are down 2.6% over the previous 12 months. The firm is valued at R163 billion in B3.