Halliburton And Baker Hughes Were The Only Companies To Submit Bids In Petrobras Tender To Hire Well Stimulation Services

Petrobras Requires Minimum Local Content of 40% for Stimulation Services and 20% for Chemical Products. Chartering Has No Nationalization Requirement.

The only interested companies that submitted proposals to compete for the bidding opened by the Brazilian oil company Petrobras for well stimulation services were the American multinationals Halliburton and Baker Hughes. Recruitment and Selection for Work During Maintenance Shutdown at Petrobras Refinery – REFAP, on this day

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Halliburton offered 225 million reais to charter a WSSV (Well Stimulation Support Vessel) and 274 million reais for stimulation services.

Baker Hughes, on the other hand, offered 19 million reais to provide stimulation fluids, securing the first position.

In the bid notice, Petrobras states that it intends to sign two contracts, one for chartering the WSSV and another for stimulation services (with the supply of chemical products for oil well stimulation).

The Brazilian oil company requires a minimum local content of 40% for stimulation services and 20% for chemical products. Chartering has no nationalization requirement.

The contract period will be 1,275 days (about three and a half years), with an execution period of three years. The bidding was launched by the state-owned company at the end of last year, and the commercial proposals were opened last Friday (August 14).

Among the interested companies are Schlumberger, Subsea 7, Bram Offshore, Fugro, Bourbon Offshore, Siem Offshore, Norskan, Marlim Navegação, Oceânica Engenharia, and Sistac.

Currently, Petrobras has three chartered WSSVs: Blue Angel, chartered by Duh Boats 2 BV, and Blue Marlin and Stim Star Brasil, chartered by Bram Offshore. In the first two cases, the service and supply contracts are with BJ Services, a Baker Hughes company, and in the last case, with Halliburton.

The contracts for Blue Angel and Blue Marlin started in 2014 and end in 2022, while Stim Star Brasil’s contract began in 2016 and is expected to expire in 2024.

With a Brazilian flag, the vessels contracted by Petrobras are the only WSSVs in Brazilian waters, according to the Brazilian Association of Maritime Support Companies (Abeam).

by BrasilEnergia