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Baker Hughes to Provide Fully Integrated Completions for Petrobras� Offshore Fields

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Baker Hughes (NASDAQ: BKR) has secured a major multi-year contract with Petrobras to provide fully integrated completions systems for offshore fields in Brazil. The contract, awarded through an open tender, will implement intelligent completions technologies specifically designed for Petrobras' deepwater developments.

The agreement features Baker Hughes' new SureCONTROL Premium interval control valve (ICV), enabling remote operations and multizone control in high-pressure wells. The technology suite includes various completions solutions such as SureSENS QPT ELITE downhole gauges, SureTREAT chemical injection system, and DeepShield subsurface safety valves.

The implementation aims to optimize production by limiting water and gas breakthroughs while reducing costly intervention risks. Delivery of these technologies is scheduled to begin in late 2025, furthering Baker Hughes' decades-long involvement in Brazil's offshore energy development.

Baker Hughes (NASDAQ: BKR) ha ottenuto un importante contratto pluriennale con Petrobras per fornire sistemi di completamento completamente integrati per i campi offshore in Brasile. Il contratto, assegnato tramite una gara aperta, implementerà tecnologie di completamento intelligenti specificamente progettate per gli sviluppi in acque profonde di Petrobras.

L'accordo prevede la nuova valvola di controllo dell'intervallo SureCONTROL Premium (ICV) di Baker Hughes, che consente operazioni remote e controllo multizona in pozzi ad alta pressione. La suite tecnologica include diverse soluzioni di completamento come i manometri downhole SureSENS QPT ELITE, il sistema di iniezione chimica SureTREAT e le valvole di sicurezza sotterranee DeepShield.

L'implementazione mira a ottimizzare la produzione limitando le infiltrazioni di acqua e gas, riducendo al contempo i costi e i rischi di intervento. La consegna di queste tecnologie è prevista per la fine del 2025, continuando il coinvolgimento di decenni di Baker Hughes nello sviluppo energetico offshore in Brasile.

Baker Hughes (NASDAQ: BKR) ha asegurado un importante contrato de varios años con Petrobras para proporcionar sistemas de completación completamente integrados para campos offshore en Brasil. El contrato, otorgado a través de una licitación abierta, implementará tecnologías de completación inteligentes diseñadas específicamente para los desarrollos en aguas profundas de Petrobras.

El acuerdo incluye la nueva válvula de control de intervalo SureCONTROL Premium (ICV) de Baker Hughes, que permite operaciones remotas y control multizona en pozos de alta presión. El conjunto de tecnologías incluye diversas soluciones de completación como los manómetros downhole SureSENS QPT ELITE, el sistema de inyección química SureTREAT y las válvulas de seguridad subterráneas DeepShield.

La implementación tiene como objetivo optimizar la producción limitando las infiltraciones de agua y gas, al tiempo que reduce los costosos riesgos de intervención. La entrega de estas tecnologías está programada para comenzar a finales de 2025, continuando el compromiso de décadas de Baker Hughes en el desarrollo energético offshore de Brasil.

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Baker Hughes (NASDAQ: BKR) a obtenu un important contrat pluriannuel avec Petrobras pour fournir des systèmes de complétion entièrement intégrés pour les champs offshore au Brésil. Le contrat, attribué par le biais d'un appel d'offres ouvert, mettra en œuvre des technologies de complétion intelligentes spécifiquement conçues pour les développements en eaux profondes de Petrobras.

L'accord comprend la nouvelle vanne de contrôle d'intervalle SureCONTROL Premium (ICV) de Baker Hughes, permettant des opérations à distance et un contrôle multi-zone dans des puits à haute pression. La suite technologique comprend diverses solutions de complétion telles que les capteurs downhole SureSENS QPT ELITE, le système d'injection chimique SureTREAT et les vannes de sécurité sous-surface DeepShield.

L'implémentation vise à optimiser la production en limitant les percées d'eau et de gaz tout en réduisant les risques d'intervention coûteux. La livraison de ces technologies est prévue pour fin 2025, poursuivant l'engagement de plusieurs décennies de Baker Hughes dans le développement énergétique offshore au Brésil.

Baker Hughes (NASDAQ: BKR) hat einen bedeutenden Mehrjahresvertrag mit Petrobras abgeschlossen, um vollständig integrierte Komplettierungssysteme für Offshore-Felder in Brasilien bereitzustellen. Der Vertrag, der durch eine offene Ausschreibung vergeben wurde, wird intelligente Komplettierungstechnologien implementieren, die speziell für die Tiefseeentwicklungen von Petrobras entwickelt wurden.

Die Vereinbarung umfasst das neue SureCONTROL Premium Intervallsteuerungsventil (ICV) von Baker Hughes, das Fernoperationen und Multizonensteuerung in Hochdruckbohrungen ermöglicht. Die Technologielösung umfasst verschiedene Komplettierungslösungen wie SureSENS QPT ELITE-Bohrlochmessgeräte, das SureTREAT-Chemikalieninjektionssystem und die DeepShield-Untergrundsicherheitsventile.

Die Implementierung zielt darauf ab, die Produktion zu optimieren, indem Wasser- und Gasdurchbrüche begrenzt und kostspielige Eingriffsrisiken reduziert werden. Die Lieferung dieser Technologien ist für Ende 2025 geplant und wird das jahrzehntelange Engagement von Baker Hughes in der Offshore-Energieentwicklung Brasiliens weiterführen.

Positive
  • Secured major multi-year contract with Petrobras
  • Technology specifically designed for high-value deepwater operations
  • Strengthens long-term presence in Brazilian market
  • Expands remote operations capabilities portfolio
Negative
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Insights

Baker Hughes has secured a major multi-year contract with Petrobras to provide integrated completions systems for offshore deepwater fields in Brazil, representing a significant win for the company's Oilfield Services & Equipment segment. This deal showcases Baker Hughes' competitive positioning in high-value deepwater markets where technological differentiation creates meaningful barriers to entry.

The contract's strategic importance extends beyond immediate revenue impacts. By deploying its intelligent completions technologies in Petrobras' challenging deepwater environments, Baker Hughes demonstrates its ability to address complex production optimization challenges that deliver tangible operational benefits:

  • Remote operations capabilities that reduce personnel requirements on offshore platforms
  • Multizone control systems that optimize production across various reservoir sections
  • AGÕæÈ˹ٷ½-time response capabilities to changing well conditions without costly interventions
  • Enhanced reliability in high-flow environments through purpose-built technology

The SureCONTROL Premium interval control valve represents Baker Hughes' continued R&D investment in intelligent field technologies. This system, developed specifically to Petrobras' standards, allows for precise flow control across multiple zones without physical intervention - a critical capability for maximizing production efficiency in complex deepwater reservoirs.

For investors, this contract validates Baker Hughes' technology-focused strategy and demonstrates the company's ability to win competitive tenders against industry rivals. The multi-year nature of the contract provides revenue visibility through and beyond 2025, adding stability to the company's forward-looking financial outlook in the deepwater completions segment.

  • New solutions will support remote operations in deepwater fields
  • Technology allows real-time response to evolving well conditions across multiple zones

HOUSTON and LONDON, March 20, 2025 (GLOBE NEWSWIRE) -- Baker Hughes (NASDAQ: BKR), an energy technology company, announced Thursday a major, multi-year fully integrated completions systems contract with Petrobras. The award followed an open tender and will leverage Baker Hughes� innovative completions technology portfolio and extensive experience in Brazil to optimize production across multiple deepwater fields.

A range of technologies from Baker Hughes has been specifically tailored to meet the needs of Petrobras� offshore developments. The intelligent completions technologies, combined with conventional upper and lower completions solutions, will provide remote operations capabilities and multizone control, limiting water and gas breakthroughs and reducing the risk of any costly interventions.

“Deepwater, high pressure wells require an unmatched level of reliability, and our completion technologies have proven themselves in these harsh environments,� said Amerino Gatti, executive vice president, Oilfield Services & Equipment at Baker Hughes. “Through continual innovation, improvement and testing, and in close collaboration with Petrobras, the Baker Hughes team has pioneered new ways to help develop Brazil’s natural resources safely and efficiently for decades to come.�

Through this agreement, Petrobras will utilize Baker Hughes� new SureCONTROL Premium interval control valve (ICV), which provides enhanced reliability in the high flowrates of Petrobras� offshore fields. This technology was developed to meet Petrobras� industry-leading standards and allows operators to respond remotely to evolving well conditions across multiple zones in real time.

Petrobras will deploy a number of additional Baker Hughes completions technologies, including QPT ELITE downhole gauges, SureSENS B-Annulus monitoring system, SureTREAT chemical injection system, Sur-Set flow control system, Orbit Premium barrier valves, a , subsurface safety valves, subsurface safety valves, , screens and gravel pack system.

Baker Hughes has played a key role in the development of Brazil’s offshore oil and gas fields for decades, and the company’s localization strategy contributes to the nation’s economy while strengthening its energy supply chain.

Delivery will begin in late 2025.

About Baker Hughes
Baker Hughes (NASDAQ: BKR) is an energy technology company that provides solutions to energy and industrial customers worldwide. Built on a century of experience and conducting business in over 120 countries, our innovative technologies and services are taking energy forward � making it safer, cleaner and more efficient for people and the planet. Visit us at

For more information, please contact:

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Brian Reynolds
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FAQ

What technologies will Baker Hughes (BKR) provide to Petrobras in the new offshore contract?

Baker Hughes will provide SureCONTROL Premium ICV, SureSENS QPT ELITE gauges, SureTREAT chemical injection system, and various other completions technologies for remote operations and multizone control.

When will Baker Hughes (BKR) begin delivering the completion systems to Petrobras?

Delivery of the completion systems will begin in late 2025.

How will the new Baker Hughes (BKR) completion systems benefit Petrobras' offshore operations?

The systems will enable remote operations, limit water and gas breakthroughs, reduce intervention risks, and provide real-time response capabilities across multiple zones.

What specific challenges do the Baker Hughes (BKR) completion systems address in Petrobras' deepwater fields?

The systems address high pressure well reliability, high flowrate management, and remote monitoring needs in harsh deepwater environments.
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