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Baker Hughes Secures Major Multi-Year Well Construction Services Contract with Petrobras, Financial Terms Undisclosed

Author: Benzinga Newsdesk | February 21, 2024 09:03am

Baker Hughes (NASDAQ:BKR), an energy technology company, announced Wednesday a significant contract award from Petrobras for integrated well construction services in the Buzios field, offshore Brazil.

The integrated services project is set to start in the first half of 2025 and will include drilling services, drill bits, wireline, cementing, wellbore clean up, fishing, remedial tools, fluids, services and geosciences. Baker Hughes will provide these services across three rigs over the course of the multi-year contract.

Posted In: BKR

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