
SLB’s Ora intelligent wireline formation testing platform and SpectraSphere fluid mapping-while-drilling service will be deployed under the contract with Petrobras. (Photo: Business Wire)
Petrobras has chosen SLB to handle integrated services at its offshore fields in Brazil, SLB said on Dec. 11.
The energy technology company will oversee the construction of more than 100 deepwater wells on up to nine ultra-deepwater rigs.
"This investment of approximately $800 million will allow us to intensify our activities in several basins,” said Wllisses Menezes Afonso, executive manager of wells at the Brazilian national oil company. The three-year contract period with SLB begins in April 2025.
The services will primarily be provided in the Campos, Santos and Espírito Santo basins. Operations in the Equatorial Margin are possible.
“This contract builds on our existing work with Petrobras across its offshore basins and introduces new technologies that enhance both operational and environmental efficiency,” said Wallace Pescarini, president of the Offshore Atlantic basin at SLB.
SLB said it plans to use its Ora intelligent wireline formation testing platform and SpectraSphere fluid mapping-while-drilling service as it fulfills the contract.
Recommended Reading
Oil Prices Ease as US Tariffs On Mexico Paused for a Month
2025-02-03 - WTI crude futures were down $0.04, or 0.01%, at $72.49 after climbing as much as 3.7% earlier in the session to reach their highest since Jan. 24 at $75.18.
Trump Ambiguous Whether Canadian-Mexico Tariffs to Include Oil
2025-01-31 - At a news conference, President Trump said that he would exclude oil from tariffs before backtracking to say that he “may or may not” impose duties on crude.
Analysts: How Trump's Tariffs Might Affect Commodity, Energy Sectors
2025-02-03 - Trump's move has sparked volatility in the commodities market. Oil prices rose, with WTI up 2.4% at $74.27 a barrel and Brent crude futures adding 1% to $76.40 a barrel.
EIA: Gulf Production Suffered from Eventful Hurricane Season
2024-12-17 - Oil and gas platforms under-produced in September and November, the Energy Information Administration reported.
What's Affecting Oil Prices This Week? (Feb. 10, 2025)
2025-02-10 - President Trump calls for members of OPEC+ and U.S. shale producers to supply more oil to push down oil prices to the neighborhood of $45/bbl.
Comments
Add new comment
This conversation is moderated according to Hart Energy community rules. Please read the rules before joining the discussion. If you’re experiencing any technical problems, please contact our customer care team.