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Houston-headquartered energy service giant Halliburton has been awarded a contract by Brazilian state-owned oil and gas major Petrobras to provide a full range of services in Brazil for integrated well interventions and plug and abandonment for offshore wells.
Under the agreement’s terms, Halliburton will provide fluids, completion equipment, wireline, slickline, flowback services, and coiled tubing. This multi-year contract is set to begin in the second quarter of 2025. The financial details have not been disclosed.
The company added that this contract, which covers nearly two-thirds of all interventions and plug and abandonment work for Petrobras, would reinforce its strategic position in the Brazilian market.
“Our long-standing relationship with Petrobras exemplifies our ability to collaborate and engineer solutions to maximize their asset value,” said Jeff Miller, Halliburton chairman, president, and CEO. |
