SLB has secured two major contracts with Petrobras last week.
The first, worth $800 million, covers integrated services for over 100 offshore fields operated by Petrobras. Set to begin in April 2025, the three-year contract emphasizes increasing local content.
The second involves delivering two subsea raw seawater injection (RWI) systems for the P-74 and P-75 FPSOs in the Búzios Field, Petrobras’ largest asset. The contract will be executed by OneSubsea a joint venture between SLB, Aker Solutions, and Subsea7 and includes subsea pumps, umbilicals, and topside variable speed drives.
“These contracts highlight SLB’s strong partnership with Petrobras. Competitive pricing and cutting-edge technology likely played a key role in securing these deals,” notes Daniel Buckley, Chartering Manager at WSB Advisors.
SLB strikes again
