popular articles

Baker Hughes wins major contract for Petrobras offshore fields

Baker Hughes will provide integrated solutions in Brazil's offshore pre-salt and post-salt fields for Petrobras, marking a significant step forward in optimizing performance and localizing operations.
Solutions intégrées offshore Petrobras

Please share:

Baker Hughes has announced a major contract with Petrobras for workover and plug and abandonment (P&A) services in Brazil’s offshore pre-salt and post-salt fields. The project, which will begin in the first half of 2025, will be managed with Baker Hughes’ portfolio of integrated solutions to optimize Petrobras’ performance. Baker Hughes’ integrated approach includes wireline, coiled tubing, cementing, well intervention, fishing and geosciences services in all Petrobras offshore fields. The agreement also includes Baker Hughes repair tools, completion fluids and production chemicals.

Expansion of facilities to support the project

To support this project and contribute to the advancement of Latin America’s energy landscape, Baker Hughes will expand its Macaé (Rio de Janeiro) facilities to include coiled tubing and casing services. This will contribute to the growth of Brazilian industry and its workforce. Maria Claudia Borras, Executive Vice President of Oilfield Services and Equipment at Baker Hughes, said:

“Baker Hughes brings a comprehensive technology portfolio, a deep understanding of localization and a rich history of working in Brazil to this important project. Seamlessly integrating these capabilities will be critical to the project’s success.”

Outlook for the Brazilian energy industry

Baker Hughes’ commitment to expanding its operations in Brazil illustrates a desire to strengthen the local energy industry. By investing in Macaé’s facilities, the company is not only promoting local economic growth, but also improving the skills of the Brazilian workforce. This initiative is in line with global efforts to achieve a more efficient and sustainable energy transition. The integration of Baker Hughes’ advanced technologies and services will enable Petrobras to improve the efficiency of its offshore operations, reducing costs and increasing production. This project could also serve as a model for other similar collaborations in the region, underlining the importance of innovation and cooperation in the energy sector.
The expansion of Baker Hughes’ local capabilities, coupled with its expertise in integrated solutions, positions the company as a key player in the sustainable development of energy resources in Brazil. The combination of cutting-edge technology and a skilled workforce could transform the region’s energy landscape, bringing significant long-term benefits.

Register free of charge for uninterrupted access.

Publicite

Recently published in

Under pressure from investor Elliott, Phillips 66 sells a majority stake in its European fuel station subsidiary for $2.8bn in a move to streamline its portfolio.
The International Energy Agency forecasts a significant rise in global oil stocks due to slowing demand in developed economies and OPEC+'s gradual production increases starting in 2025.
The International Energy Agency forecasts a significant rise in global oil stocks due to slowing demand in developed economies and OPEC+'s gradual production increases starting in 2025.
Africa Oil completed the integration of Prime, doubling its production and reserves, while declaring a second quarterly dividend of $25mn supported by strong cash generation.
Africa Oil completed the integration of Prime, doubling its production and reserves, while declaring a second quarterly dividend of $25mn supported by strong cash generation.
Brazilian oil major Petrobras reported a $6bn net profit in Q1 2025, driven by higher production volumes and a stronger real against the US dollar.
Brazilian oil major Petrobras reported a $6bn net profit in Q1 2025, driven by higher production volumes and a stronger real against the US dollar.
Namibia plans to finalise agreements with TotalEnergies for the Venus oil field and with BWEnergy for the Kudu gas field by the end of 2026, according to the country’s petroleum commissioner.
The Trump administration has announced new sanctions targeting Iran's oil export network to China amid ongoing nuclear talks between Washington and Tehran.
The Trump administration has announced new sanctions targeting Iran's oil export network to China amid ongoing nuclear talks between Washington and Tehran.
Japanese refiners, dependent on Gulf crude for 96.6% of imports, are struggling to diversify supply sources as increased OPEC+ output makes Persian Gulf barrels more competitive compared to US crude.
Japanese refiners, dependent on Gulf crude for 96.6% of imports, are struggling to diversify supply sources as increased OPEC+ output makes Persian Gulf barrels more competitive compared to US crude.
Esso’s Gravenchon site restarts operations following a planned shutdown involving 1,000 workers and over 750,000 labour hours.
Esso’s Gravenchon site restarts operations following a planned shutdown involving 1,000 workers and over 750,000 labour hours.
Deputy Prime Minister Alexander Novak says Russian oil production could reach a sustained level of 10.8 million barrels per day, supported by rising global demand and internal fiscal adjustments.
Oil prices climbed following a joint decision by Washington and Beijing to temporarily suspend tariffs, easing pressure on global demand.
Oil prices climbed following a joint decision by Washington and Beijing to temporarily suspend tariffs, easing pressure on global demand.
Shell announced a delay in bringing two new wells online at the Perdido offshore field, temporarily lowering production targets in the Gulf of Mexico.
Shell announced a delay in bringing two new wells online at the Perdido offshore field, temporarily lowering production targets in the Gulf of Mexico.
Lower sales revenues and rising operational costs impacted Aramco’s results, while the company remains central to Saudi Arabia’s economic strategy.
Lower sales revenues and rising operational costs impacted Aramco’s results, while the company remains central to Saudi Arabia’s economic strategy.
Oil prices climbed on Friday, supported by the signing of a trade agreement between the United States and the United Kingdom, reviving expectations of easing global tensions.
California approved only three new drilling permits in Q1 2025, but Kern County and two CO₂ pipeline bills may reverse that trend.
California approved only three new drilling permits in Q1 2025, but Kern County and two CO₂ pipeline bills may reverse that trend.
US oil operators will face moderate drilling cost increases in 2025, driven by tariffs, despite price drops in several key service segments.
US oil operators will face moderate drilling cost increases in 2025, driven by tariffs, despite price drops in several key service segments.
BluEnergies Ltd. has announced the immediate appointment of Craig Steinke as Chief Executive Officer, succeeding James Deckelman, who is stepping down for personal reasons.
BluEnergies Ltd. has announced the immediate appointment of Craig Steinke as Chief Executive Officer, succeeding James Deckelman, who is stepping down for personal reasons.
The increase in tariffs between the United States and China is radically reshaping China's petrochemical supply flows, threatening to raise costs and intensify supply challenges in an already strained strategic sector.
The United States imposes sanctions on several Chinese entities involved in purchasing and transporting Iranian oil, disrupting a petroleum supply chain worth several hundred million dollars.
The United States imposes sanctions on several Chinese entities involved in purchasing and transporting Iranian oil, disrupting a petroleum supply chain worth several hundred million dollars.
Brent and WTI prices surged after the announcement of a trade deal between the United States and the United Kingdom, raising expectations of a rebound in global crude demand.
Brent and WTI prices surged after the announcement of a trade deal between the United States and the United Kingdom, raising expectations of a rebound in global crude demand.
US commercial crude oil reserves dropped more than expected in early May, supported by increased refinery activity, according to the latest data from the Energy Information Administration.
US commercial crude oil reserves dropped more than expected in early May, supported by increased refinery activity, according to the latest data from the Energy Information Administration.
The Venezuelan government confirmed it will continue operating Chevron’s oil fields after the US-imposed withdrawal of the American company.
BP rises on the London Stock Exchange amid acquisition rumours by Shell, which may wait for a further drop in oil prices before taking action.
BP rises on the London Stock Exchange amid acquisition rumours by Shell, which may wait for a further drop in oil prices before taking action.
Petroecuador signed an agreement with Sinopec to drill new wells in the northeastern Amazon, aiming to increase output by 12,000 barrels per day.
Petroecuador signed an agreement with Sinopec to drill new wells in the northeastern Amazon, aiming to increase output by 12,000 barrels per day.
Crude prices gained momentum after a drop triggered by OPEC+, supported by strong gasoline demand in the United States ahead of the summer season.
Crude prices gained momentum after a drop triggered by OPEC+, supported by strong gasoline demand in the United States ahead of the summer season.

Advertising