Halliburton has been awarded a contract by Petrobras to provide a range of complete services in integrated well interventions and plug and abandonment for offshore wells in Brazil.
Covering nearly two-thirds of all interventions and plug and abandonment work for Petrobras, the contract holds huge significance for Halliburton as it reinforces the company’s strategic position in the Brazilian market.
Services will include fluids, completion equipment, wireline, slickline, flowback services, and coiled tubing. These will be integrated through Halliburton’s project management service line to ensure efficient and effective execution.
"Our long-standing relationship with Petrobras exemplifies our ability to collaborate and engineer solutions to maximise their asset value. Halliburton’s offshore well intervention capabilities optimise production, extend well life, reduce costs, and access challenging reserves," said Halliburton's Chairman, President and CEO, Jeff Miller, while commenting on the multi-year contract which is set to begin in the second quarter of 2025.
