Baker Hughes to supply pipe systems for Petrobras' Brazil pre-salt fields

seekingalpha

2024-10-28

JHVEPhoto/iStock Editorial via Getty Images

Baker Hughes (NASDAQ:BKR) announced Monday an agreement to supply Petrobras (PBR) with 77 km of flexible pipe systems to be deployed in Brazil's pre-salt fields in the offshore Santos Basin; financial terms were not disclosed.

Under the multi-year agreement, Baker Hughes (BKR) will provide rises and flowlines for hydrocarbon production, associated gas and water injection, as well as storage, maintenance and installation support; delivery is scheduled to begin in mid-2026.

The equipment will be utilized across the Buzios, Libra, Berbigao, Sururu and Sepia pre-salt fields in the Santos Basin, which Petrobras (PBR) operates.

The agreement is the latest of several reached with Petrobras (PBR) this year, including additional contracts for 69.1 km of flexible pipe systems and associated services in Q3, well construction services in the Buzios field, and integrated solutions for workover and plug and abandonment services in Brazil's pre-salt and post-salt fields.

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financial terms were not disclosed.</p> <p>Under the multi-year agreement, Baker Hughes (BKR<span>) will provide rises and flowlines for hydrocarbon production, associated gas and water injection, as well as storage, maintenance and installation support; delivery is scheduled to begin in mid-2026.</span></p> <p>The equipment will be utilized across the Buzios, Libra, Berbigao, Sururu and Sepia pre-salt fields in the Santos Basin, which Petrobras (PBR) operates.</p> <div></div><p>The agreement is the latest of several reached with Petrobras (PBR) this year, including additional contracts for 69.1 km of flexible pipe systems and associated services in Q3, well construction services in the Buzios field, and integrated solutions for workover and plug and abandonment services in Brazil's pre-salt and post-salt fields.</p> </body></html>","source":"seekingalpha_trending_news","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Baker Hughes to supply pipe systems for Petrobras' Brazil pre-salt fields</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBaker Hughes to supply pipe systems for Petrobras' Brazil pre-salt fields\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-10-28 22:12 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/news/4213546-baker-hughes-to-supply-pipe-systems-for-petrobras-brazil-pre-salt-fields><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>JHVEPhoto/iStock Editorial via Getty Images Baker Hughes (NASDAQ:BKR) announced Monday an agreement to supply Petrobras (PBR) with 77 km of flexible pipe systems to be deployed in Brazil's pre-salt ...</p>\n\n<a href=\"https://seekingalpha.com/news/4213546-baker-hughes-to-supply-pipe-systems-for-petrobras-brazil-pre-salt-fields\">网页链接</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":null,"symbol_name":null,"start_time":0,"source_url":"https://seekingalpha.com/news/4213546-baker-hughes-to-supply-pipe-systems-for-petrobras-brazil-pre-salt-fields","article_id":"2478487899","we_media_id":null,"thumbnails":["https://static.seekingalpha.com/cdn/s3/uploads/getty_images/1383981539/image_1383981539.jpg?io=getty-c-w750"],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2478487899","pubTimestamp":1730124735,"columns":[],"sourceInfo":{"source_id":"seekingalpha_trending_news","name":"Seeking Alpha Trending News"},"weMediaInfo":null,"summary":"JHVEPhoto/iStock Editorial via Getty Images Baker Hughes  announced Monday an agreement to supply Petrobras  with 77 km of flexible pipe systems to be deployed in Brazil's pre-salt fields in the offshore Santos Basin; financial terms were not disclosed. Under the multi-year agreement, Baker Hughes  will provide rises and flowlines for hydrocarbon production, associated gas and water injection, as well as storage, maintenance and installation support; delivery is scheduled to begin in mid-2026. The equipment will be utilized across the Buzios, Libra, Berbigao, Sururu and Sepia pre-salt fields in the Santos Basin, which Petrobras  operates. The agreement is the latest of several reached with Petrobras  this year, including additional contracts for 69.1 km of flexible pipe systems and associated services in Q3, well construction services in the Buzios field, and integrated solutions for workover and plug and abandonment services in Brazil's pre-salt and post-salt fields.","collect":0,"end_time":0,"defaultTopTitle":"seekingalpha.com","property":[],"viewcount":null,"language":"en","relate_stocks":{},"translate_title":"贝克休斯将为巴西国家石油公司的巴西盐下油田供应管道系统","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"BKR":1,"PBR":1,"STO.AU":0.68},"content_text":"JHVEPhoto/iStock Editorial via Getty Images Baker Hughes (NASDAQ:BKR) announced Monday an agreement to supply Petrobras (PBR) with 77 km of flexible pipe systems to be deployed in Brazil's pre-salt fields in the offshore Santos Basin; financial terms were not disclosed. Under the multi-year agreement, Baker Hughes (BKR) will provide rises and flowlines for hydrocarbon production, associated gas and water injection, as well as storage, maintenance and installation support; delivery is scheduled to begin in mid-2026. The equipment will be utilized across the Buzios, Libra, Berbigao, Sururu and Sepia pre-salt fields in the Santos Basin, which Petrobras (PBR) operates. The agreement is the latest of several reached with Petrobras (PBR) this year, including additional contracts for 69.1 km of flexible pipe systems and associated services in Q3, well construction services in the Buzios field, and integrated solutions for workover and plug and abandonment services in Brazil's pre-salt and post-salt fields.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1,"code":"91000000","status":"200"}}}