We use cookies to understand how you use our site and to improve your experience.
This includes personalizing content and advertising.
By pressing "Accept All" or closing out of this banner, you consent to the use of all cookies and similar technologies and the sharing of information they collect with third parties.
You can reject marketing cookies by pressing "Deny Optional," but we still use essential, performance, and functional cookies.
In addition, whether you "Accept All," Deny Optional," click the X or otherwise continue to use the site, you accept our Privacy Policy and Terms of Service, revised from time to time.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
Petrobras' Offshore Fields to Deploy Baker Hughes' Completions Tech
Read MoreHide Full Article
Petróleo Brasileiro S.A. - Petrobras (PBR - Free Report) and Baker Hughes Company (BKR - Free Report) have signed a multi-year, fully integrated completions contract in which Baker Hughes will provide its completions technology services across multiple deepwater fields offshore Brazil. An open tender preceded the award of this contract and will make use of Baker Hughes’ innovative completions technology portfolio to enhance production across multiple deepwater fields offshore Brazil.
Implications of PBR’s Technology-Driven Contract
The collaboration between these two companies highlights that BKR has specifically customized a range of cutting-edge completion technologies to meet the needs of Petrobras’ offshore development that will help to improve operational efficiency, reduce costly interventions and enable real-time well monitoring across multiple zones.
BKR’s unmatched completion technologies have proved their caliber in harsh environments of deepwater and high-pressure wells requiring a supreme level of reliability. Working closely with Petrobras, Baker Hughes has consistently pioneered innovative approaches to developing Brazil’s natural resources safely and efficiently through continuous innovation, enhancement and rigorous testing.
Petrobras, currently carrying a Zacks Rank #3 (Hold),will deploy Baker Hughes’ SureCONTROL Premium interval control valve, a state-of-the-art technology that ensures enhanced reliability in high-flowrate environments. With real-time response capabilities, this solution allows remote monitoring and management of well conditions.
Additional completion technologies, such as SureSENS QPT ELITE downhole gauges and the SureTREAT chemical injection system, will reinforce Petrobras’ commitment to operational excellence and sustainability.
Strengthening Brazil’s Energy Future
Strengthening Petrobras’ leadership in offshore development, Baker Hughes has always been a trusted partner in Brazil’s energy sector for decades. With the first deployments expected in late 2025, this partnership marks a new era of efficiency and resilience in Brazil’s energy landscape.
Key Picks
Headquartered in Rio de Janeiro, Petroleo Brasileiro S.A., or Petrobras S.A., is the largest integrated energy firm in Brazil and one of the largest in Latin America. Currently, PBR has a Zacks Rank #3 (Hold).
Investors interested in the energy sector might look at some top-ranked stocks like Delek Logistics Partners, LP (DKL - Free Report) and Archrock, Inc. (AROC - Free Report) .
Delek Logistics Partners owns, operates, acquires and constructs crude oil and refined products logistics and marketing assets. The Zacks Consensus Estimate for DKL’s 2025 earnings indicates 34.45% year-over-year growth.
Houston-based Archrock is a provider of natural gas contract compression services as well as a supplier of aftermarket services for compression equipment. The Zacks Consensus Estimate for AROC’s 2025 earnings indicates 46.67% year-over-year growth.Bottom of Form
See More Zacks Research for These Tickers
Normally $25 each - click below to receive one report FREE:
Image: Shutterstock
Petrobras' Offshore Fields to Deploy Baker Hughes' Completions Tech
Petróleo Brasileiro S.A. - Petrobras (PBR - Free Report) and Baker Hughes Company (BKR - Free Report) have signed a multi-year, fully integrated completions contract in which Baker Hughes will provide its completions technology services across multiple deepwater fields offshore Brazil. An open tender preceded the award of this contract and will make use of Baker Hughes’ innovative completions technology portfolio to enhance production across multiple deepwater fields offshore Brazil.
Implications of PBR’s Technology-Driven Contract
The collaboration between these two companies highlights that BKR has specifically customized a range of cutting-edge completion technologies to meet the needs of Petrobras’ offshore development that will help to improve operational efficiency, reduce costly interventions and enable real-time well monitoring across multiple zones.
BKR’s unmatched completion technologies have proved their caliber in harsh environments of deepwater and high-pressure wells requiring a supreme level of reliability. Working closely with Petrobras, Baker Hughes has consistently pioneered innovative approaches to developing Brazil’s natural resources safely and efficiently through continuous innovation, enhancement and rigorous testing.
Petrobras, currently carrying a Zacks Rank #3 (Hold),will deploy Baker Hughes’ SureCONTROL Premium interval control valve, a state-of-the-art technology that ensures enhanced reliability in high-flowrate environments. With real-time response capabilities, this solution allows remote monitoring and management of well conditions.
You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
Additional completion technologies, such as SureSENS QPT ELITE downhole gauges and the SureTREAT chemical injection system, will reinforce Petrobras’ commitment to operational excellence and sustainability.
Strengthening Brazil’s Energy Future
Strengthening Petrobras’ leadership in offshore development, Baker Hughes has always been a trusted partner in Brazil’s energy sector for decades. With the first deployments expected in late 2025, this partnership marks a new era of efficiency and resilience in Brazil’s energy landscape.
Key Picks
Headquartered in Rio de Janeiro, Petroleo Brasileiro S.A., or Petrobras S.A., is the largest integrated energy firm in Brazil and one of the largest in Latin America. Currently, PBR has a Zacks Rank #3 (Hold).
Investors interested in the energy sector might look at some top-ranked stocks like Delek Logistics Partners, LP (DKL - Free Report) and Archrock, Inc. (AROC - Free Report) .
Delek Logistics Partners owns, operates, acquires and constructs crude oil and refined products logistics and marketing assets. The Zacks Consensus Estimate for DKL’s 2025 earnings indicates 34.45% year-over-year growth.
Houston-based Archrock is a provider of natural gas contract compression services as well as a supplier of aftermarket services for compression equipment. The Zacks Consensus Estimate for AROC’s 2025 earnings indicates 46.67% year-over-year growth.Bottom of Form