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.