Baker Hughes in major contract win offshore Brazil

Brazil

HOUSTON, June 11, 2024 – Baker Hughes has been awarded a new order from Petrobras for workover and plug abandonment services in pre-salt and post-salt fields offshore Brazil, Baker Hughes announced on Monday.

The work is expected to begin in the first half of 2025. Under the contract, Baker Hughes will deploy wireline, coiled tubing, cementing, tubular running, wellbore intervention, fishing and geosciences services in all of Petrobras’s offshore fields.

Financial terms were not disclosed, but Baker Hughes described the order as “significant.”

“Baker Hughes brings to this important project a comprehensive technology portfolio, a deep understanding of localization and a rich history of working in Brazil,” said Maria Claudia Borras, executive vice president for oilfield services and equipment at Baker Hughes.

To support the project, Baker Hughes will expand its Macaé facilities in Rio de Janeiro state to include coiled tubing and tubular running services.

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