Baker Hughes Awarded Major Integrated Solutions Contract for Petrobras’ Offshore Fields
Baker Hughes Company (BKR)
Company Research
Source: GlobeNewswire
Multi-year project will see Baker Hughes provide solutions in pre-salt and post-salt fields offshore BrazilBaker Hughes’ comprehensive, integrated approach focuses on operational excellence, localization HOUSTON, June 10, 2024 (GLOBE NEWSWIRE) -- Baker Hughes (NASDAQ: BKR), an energy technology company, announced Monday a significant order from Petrobras for workover and plug and abandonment (P&A) services in pre-salt and post-salt fields offshore Brazil. The multi-year project, set to start in the first half of 2025, will be managed with Baker Hughes’ integrated solutions portfolio to optimize performance for Petrobras. Baker Hughes’ integrated approach will deploy wireline, coiled tubing, cementing, tubular running, wellbore intervention, fishing, and geosciences services in all of Petrobras’ offshore fields. The agreement also includes Baker Hughes remedial tools, completion fluids and production chemicals. “Baker Hughes brings to this important project a comprehensive technol
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