Companies

Baker Hughes Secures Integrated Solutions Contract for Petrobras' Brazil Offshore Operations

Published June 10, 2024

Baker Hughes Company (BKR), a prime player in the international industrial service domain and one of the world's foremost oil field service corporations, has landed a substantive contract with Petrobras, the Brazilian state-owned petroleum company. This multi-year pact will have Baker Hughes providing a range of solutions across Petrobras' pre-salt and post-salt offshore fields in Brazil. The focus of the engagement is to deliver operational excellence while ensuring considerable localization of the services provided.

Comprehensive Integrated Approach

Through its extensive portfolio, Baker Hughes is set to offer an end-to- end integrated suite of technologies and services designed to optimize production and enhance operational efficiency in challenging offshore environments. Stemming from its deep-seated experience and broad capabilities, Baker Hughes' approach integrates a set of optimized solutions tailored to Petrobras' requirements, encompassing drilling, formation evaluation, completion, production, and reservoir consulting.

Localization Strategy

Baker Hughes is not only committed to bringing its premium services to Petrobras' offshore fields but is also focused on driving localization. This strategy underlines the importance of human resource deployment, knowledge transfer, and the development of local competencies in Brazil as part of the contract. Such localization efforts are not only advantageous for timely and tailored problem resolution but also for fostering socioeconomic progress in the regions of operation.

Baker Hughes Company at a Glance

Headquartered in Houston, Baker Hughes Company is a colossal entity in the oil and gas industry's service sector. With its expansive array of products and services designed for the entire oil and gas exploration and production lifecycle, Baker Hughes stands as a testament to enduring excellence and innovation in the oil field services landscape. The contract with Petrobras reinforces Baker Hughes' position as a critical service provider in the lucrative offshore oil market, particularly in the burgeoning Brazilian pre-salt and post-salt exploration areas.

BKR, Petrobras, OilFields