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Baker Hughes to Provide Fully Integrated Completions for Petrobras' Offshore Fields
BKRBaker Hughes(BKR) GlobeNewswire News Room·2025-03-20 11:00

Core Insights - Baker Hughes has secured a multi-year integrated completions systems contract with Petrobras, aimed at optimizing production in Brazil's deepwater fields [1][5] - The contract will utilize Baker Hughes' advanced completions technology portfolio, including intelligent completions and conventional solutions, to enhance remote operations and multizone control [2][4] - The deployment of new technologies, such as the SureCONTROL Premium interval control valve, will improve reliability and allow real-time responses to well conditions [3][4] Technology and Innovation - Baker Hughes' completions technologies are specifically designed for deepwater, high-pressure wells, ensuring reliability in challenging environments [3] - The company will provide a range of technologies, including SureSENS downhole gauges, monitoring systems, chemical injection systems, and various safety valves [4] - The collaboration with Petrobras emphasizes continual innovation and testing to safely and efficiently develop Brazil's natural resources [3][5] Economic Impact - Baker Hughes has a long-standing role in the development of Brazil's offshore oil and gas fields, contributing to the local economy and strengthening the energy supply chain [5] - The localization strategy of Baker Hughes supports the Brazilian economy while enhancing operational efficiency in energy production [5]