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[Hello, I am Fernando Martins, Latin America Vice President for Drilling and Production Systems.]
[And I'm here to communicate that we have just secured a $250 million contract with Petrobras.]
[Under this contract, we will be supplying 250 subsea wellheads for the next three years.]
[A subsea wellhead is equipment that needs to support ]
[all the casing string load plus seal the annulars.]
[Using our latest technology, we'll be supplying not only the MS-700, ]
[plus the new one, MS-800 Fullbore.]
[All of this equipment will be manufactured here, in our facility in Jandira, out of Sao Paulo,]
[and we'll use the latest in technology.]
[We are very proud of this, and we are sure that in the coming years]
[we'll be securing much bigger contracts for this very same equipment.]
[GE Drilling and Production is a business from GE Oil & Gas. ]