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Halliburton secures offshore well intervention and plugging contract in Brazil

The company will provide services including fluids, completion equipment, cabling, steel line, backflow services and flexible piping.

Isbel Lázaro.

Published: August 14, 2024

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Halliburton, one of the world’s leading providers of services to the energy industry, has been selected by Petrobras to perform a multi-year contract covering a wide range of well intervention and plugging and abandonment (P&A) services for offshore wells in Brazil. This contract, which is scheduled to begin in the second quarter of 2025, reinforces the company’s strategic presence in the Brazilian market and covers nearly two-thirds of Petrobras’ intervention and P&A operations.

About the agreement between Halliburton and Petrobras

Under the terms of the agreement, Halliburton will provide services including fluids, completion equipment, cabling, steel line, backflow services and flexible piping. These services will be integrated and coordinated through its line of project management services. project managementThis will ensure efficient and effective execution of operations.

Jeff Miller, Halliburton president and CEO, highlighted the importance of this contract by noting that“our long-standing relationship with Petrobras exemplifies our ability to collaborate and design solutions to maximize the value of their assets.” Halliburton’ s offshore intervention capabilities are designed to optimize production, extend well life, reduce costs and provide access to challenging reserves.

This contract underscores the U.S. company’s ability to offer integrated and effective solutions in the field of intervention and abandonment of offshore wells. offshore well intervention and abandonmentIt also reinforces its position as a key partner in Brazil’s energy industry.

Halliburton, founded in 1919, continues to be a leader in creating technologies, products and services that maximize the value of assets throughout their life cycle while promoting a sustainable energy future. With global operations and a focus on innovation, the company continues to be a pillar in the evolution of the energy sector.

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Source: Halliburton

Photo: shutterstock