
Petrobras will deploy a host of Baker Hughes’ completions technology, including the SureCONTROL Premium interval control valve. (Source: Shutterstock)
Baker Hughes and Petrobras have signed a multi-year, fully integrated completions contract in which Baker Hughes will provide use of its completions technology portfolio at deepwater projects offshore Brazil, Baker Hughes said in a March 20 press release.
Baker Hughes will be combining its completions technologies with conventional upper and lower completions solutions to benefit Petrobras’ offshore development with remote operations capabilities and multizone control.
“Deepwater, high pressure wells require an unmatched level of reliability, and our completion technologies have proven themselves in these harsh environments,” said Amerino Gatti, executive vice president of oilfield services and equipment at Baker Hughes.
Petrobras will deploy a host of Baker Hughes’ completions technology, including the SureCONTROL Premium interval control valve to improve reliability of high flowrates and allow operators to respond remotely; the SureSENS QPT ELITE downhole gauges; SureSENS B-Annulus monitoring system; SureTREAT chemical injection system; Sur-Set flow control system; Orbit Premium barrier valves, a gas lift system; REACH subsurface safety valves; DeepShield subsurface safety valves; Premier packers; screens and gravel pack system.
“Through continual innovation, improvement and testing, and in close collaboration with Petrobras, the Baker Hughes team has pioneered new ways to help develop Brazil’s natural resources safely and efficiently for decades to come,” Gatti said.
Delivery will begin at the end of 2025.
Recommended Reading
Chevron to Lay Off 15% to 20% of Global Workforce
2025-02-12 - At the end of 2023, Chevron employed 40,212 people across its operations. A layoff of 20% of total employees would be about 8,000 people.
Chevron Names Laura Lane as VP, Chief Corporate Affairs Officer
2025-01-13 - Laura Lane will succeed Al Williams in overseeing Chevron Corp.’s government affairs, communication and social investment activities.
Executive Compensations Rising in Sync with Shareholder Payoffs
2025-02-04 - Compensation for oil and gas executives, up an average 8% to 10%, is increasingly tied to stock metrics, rewarding performance instead of growth, according to an Alvarez & Marsal report.
Hess Corp. Bucks E&P Trend, Grows Bakken Production by 7%
2025-01-29 - Hess Corp. “continues to make the most of its independent status,” delivering earnings driven by higher crude production and lower operating costs, an analyst said.
What's Affecting Oil Prices This Week? (Feb. 3, 2025)
2025-02-03 - The Trump administration announced a 10% tariff on Canadian crude exports, but Stratas Advisors does not think the tariffs will have any material impact on Canadian oil production or exports to the U.S.
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.