Halliburton awarded multiple contracts by Petrobras
Halliburton (HAL) announced that Petrobras (PBR) (POBR) awarded multiple contracts to provide vessel stimulation, intelligent completions, and safety valves in Brazil’s deepwater fields after a competitive process. In the Buzios field, Halliburton will deploy its SmartWell intelligent completion technology to enable reservoir management and actionable insights. For the Seepia and Atapu fields, Halliburton will provide EcoStar electric tubing retrievable safety valves to improve the safety and efficiency of this project. Additionally, Halliburton’s Stim Star Brasil, tailored for Petrobras activity, will deliver stimulation services that focus on reservoir productivity. These contracts are expected to begin in 2026.
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Originally published by finance.yahoo.com. Syndicated material does not necessarily reflect the views of Vanity Fair Fashion.
