Baker Hughes Awarded Major Contract by Petrobras for Offshore Well Services

HOUSTON, Feb. 21, 2024 – An important development in the oil and gas sector emerged as Baker Hughes Company BKR, a leading energy technology firm, communicated its new agreement with Brazilian state-run petroleum company Petrobras. The awarded multi-year contract focuses on integrated well construction services for the Buzios field, a prominent offshore pre-salt oil field in Brazil. This new collaboration signifies a strengthening of the relationship between the two entities and highlights Baker Hughes' prominence in the international oil services industry.

Integrated Well Construction Services

Under this notable contract, BKR will offer comprehensive well services that underline its advanced technological capabilities and extensive industry experience. The Buzios field, recognized as one of the largest deep-water oil fields globally, presents significant technical challenges and opportunities for innovative well construction solutions. BKR's role will involve various services from drilling to well completion, ensuring efficiency and operational excellence.

About Baker Hughes Company

Headquartered in Houston, Texas, BKR Baker Hughes Company is a global industrial service force with a robust standing in the oil field services market. Their offerings span multiple areas, including oil drilling, formation evaluation, completion, production, and reservoir consulting. This contract with Petrobras solidifies BKR's position as a dominant service provider in oil extraction and resource management.

energy, contract, Petrobras