Global technology company SLB has announced a major contract with Petrobras to provide services and technology for up to 35 ultra-deepwater wells in the Santos Basin.
The wells target large oil and gas reserves beneath thick salt layers located up to 2,000 metres below the surface.
As part of its project scope, SLB will deploy advanced electric completions technologies and digital solutions that deliver precise, real-time production intelligence and improved reservoir management to produce the hard-to-access resources.
Paul Sims, President of Production Systems, SLB, said, “This will help Petrobras drive greater reliability, system uptime and production performance in those fields – supporting Brazil’s energy security and economic growth ambitions.”
Work is scheduled to begin by mid-2026 and will feature advanced services and technology for SLB’s completions portfolio, including the Electris high-flow-rate interval control valves.