Petrobras lets Brazil-wide offshore drilling contract

Dec. 11, 2024
Petrobras has let a new contract to SLB for integrated services across all offshore fields operated by Petrobras in Brazil.

Petrobras has let a new contract to SLB for integrated services across all offshore fields operated by Petrobras in Brazil. SLB will oversee the construction of more than 100 deepwater wells, utilizing advanced drilling, cementing and drilling fluids technologies on up to nine ultra-deepwater rigs, the technology provider said in a release Dec. 11.

The services will primarily be provided in Campos, Santos, and Espírito Santo basins, along with other Petrobras-operated fields, including exploratory wells. Operations in the Equatorial Margin are also planned, pending exploration license approval within the 3-year contract period beginning April 2025. 

Technologies to be deployed under the contract include intelligent wireline formation testing and fluid mapping-while-drilling to provide real-time reservoir characterization, accurate pressure measurements, downhole fluid analysis, and high-quality sampling while drilling. 

The contract is worth about $800 million.