Field/project development

Baker Hughes Wins Petrobras Well Services Contract

The work covers integrated well construction services for the Búzios field off Brazil.

Petrobras began production from FPSO Almirante Barroso in the Búzios field last June.

Baker Hughes has secured a contract award from Petrobras for integrated well construction services in the Búzios field in the pre-salt Santos basin 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. The contractor will provide these services across three rigs over the course of the multiyear contract.

“Baker Hughes is proud to contribute to this significant project and expand our longstanding relationship with Petrobras, establishing ourselves as a major provider of integrated solutions in Brazil,” said Maria Claudia Borras, executive vice president, oilfield services and equipment. “This agreement further highlights our broad capabilities in well construction, as well as our continued commitment to deliver excellence and value for customers.”

During the first phase of field development, Baker Hughes has provided advanced technology and equipment to the Búzios development. In addition to providing drilling, completions, and wireline services, the company supplied WAG manifolds (water alternating gas) and more than 240 km of flexible pipes, including production lines, gas lift, water injection, and gas-injection flexible pipes for use in 2000-m water depth.

The company also supplied turbomachinery for 10 of the 11 FPSOs, including turbogenerators, motocompressors and turbocompressors plus condition monitoring, and detection and fault protection on critical machines.

Búzios is one of the largest deepwater fields in the world. Currently, six of a planned 11 floaters are under construction (FPSO Almirante Tamandaré, P-78, P-79, P-80, P-82, and P-83).

In June 2023, just 5 years after starting production, Búzios reached the total cumulative production of 1 billion BOE. Daily production from the field is currently around 600,000 BOED. Búzios is estimated to contain over 3 billion BOE of recoverable reserves.

Petrobras expects it will exceed 2 million BOED from the field by 2030, when all 12 Búzios platforms are online.

Petrobras operates the Búzios field and holds around a 90% stake. Partners in the field are China’s CNOOC and the CNPC Exploration & Development Company, which hold the remaining interest.