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Stock impact report

Baker Hughes to supply integrated completions package for Petrobras [Yahoo! Finance]

Baker Hughes Company (BKR) 
Company Research Source: Yahoo! Finance
The contract, awarded after an open tender, will utilise Baker Hughes' advanced completions technology to optimise production across multiple deep-water fields. The agreement will see Baker Hughes deploy a range of technologies specifically tailored to Petrobras' offshore developments. These include intelligent completions technologies, conventional upper and lower completions solutions, and remote operations capabilities. The solutions aim to provide multi-zone control, limiting water and gas breakthroughs while reducing the risk of costly interventions. Petrobras will also benefit from Baker Hughes' new SureCONTROL Premium interval control valve (ICV), designed for enhanced reliability in high flow rate conditions. This technology enables Read more
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