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Norwegian Equinor has awarded billionaire contracts to Baker Hughes, Halliburton and Schlumberger for drilling and well services in Brazil
Norwegian oil company Equinor has reached agreements with Baker Hughes, Halliburton and Schlumberger for drilling activities and wells in the Bacalhau field in Brazil. Looking for a job? 255 fundamental, medium and technical level jobs for Petrobras offshore and onshore contracts in Macaé and Espírito Santo
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According to a note from the Norwegian company this Tuesday (10/11), there are three contracts for the Bacalhau field worth an estimated US$455 million. In addition to 40% (operator), the Bacalhau field is partnered by North American ExxonMobil 40% and Portugal's Petrogal 20% and Pré-sal Petróleo SA (PPSA, non-investing government agency).
The contract with Baker Huges provides for drilling and completion services, while Halliburton will carry out intervention and line lifting activities and Schlumberger will be responsible for cable services.
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The deals see an expected local content commitment of 74%, Equinor explained, adding that Brazil is “a key area” for the company.
Also according to company, the Bacalhau project is in the maturation phase and should have a final investment decision next year.
About the Codfish Field
- The discovery was made by Petrobras in 2012
- Equinor has been an operator since 2016
- Bacalhau will be the first pre-salt greenfield venture developed by an international operator
- Located at a distance of 185 km from the coast of the municipality of Ilhabela, in the state of São Paulo, in a water depth of 2.050 meters
- Phase 1 development capacity of 220.000 bbls/d
- First oil production is planned for 2024
