Petrobras Extends Contract With BHGE

Petrobras Will Continue to Use Support Base for Flexible Pipe Movement in Niterói, Rio de Janeiro

Petrobras has extended the logistics support contract for the movement of flexible pipes with Baker Hughes, a GE company. The agreement of R$ 250 million will last for two years, with the possibility of renewal for one more year.

The activities will be carried out at the BHGE base in Niterói (RJ), used by Petrobras since 2014, when it was inaugurated alongside the Wellstream flexible pipe factory.

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The hiring of the services was originally formalized in 2011 for US$ 200 million with the company then acquired by GE O&G.

BHGE – the result of the merger between GE O&G and Baker Hughes – was the only company to submit a proposal in the bidding process conducted by Petrobras to hire a base for two years.

The oil company aimed to contract a larger base; however, as the process had already lasted for two years, the state-owned company decided to open a bidding process to ensure it could meet its demand until the new facility was available.

Negotiations for hiring the greenfield project are ongoing with TechnipFMC, which offered an area at the Porto do Açu, where it has a flexible line factory.

The bidding notice provides for the hiring of a base with four berths to store up to 300 coils for five years.

By Brasil Energia

BHGE Surpasses Halliburton and Will Sign Well Profiling Contract with Petrobras After Three Years Without Working for the Brazilian State-Owned Company

BHGE is back in the well profiling market and has the second-best price in a Petrobras bidding process.

Schlumberger, with the best proposal, is expected to win Lot A, while Halliburton, which was outbid by BHGE, is likely to be left out of the deal, which is valued at US$ 70 million.

Brazil is expected to attract 50% of global investment in the subsea oil and gas market. The assessment comes from Rachid Félix, chairperson of session 3 of the SPE Brazil Subsea Symposium: Unleashing the potential of Subsea 4.0, which takes place on June 18 and 19 at Firjan in Rio de Janeiro.