HOUSTON—(BUSINESS WIRE) – Schlumberger Limited (NYSE: SLB) announced today a major contract from Petrobras (NYSE: PBR) to provide services and technology for up to 35 ultra‑deepwater wells in the strategically important Santos Basin.
The wells are part of the second development of the Atapu and Sépia fields, targeting massive pockets of oil and gas beneath thick salt layers located up to 2,000 meters below the ocean surface. The contract underscores Petrobras’ commitment to expanding production in the Santos Basin and highlights SLB’s capability to deliver complex completion solutions in ultra‑deepwater environments.
SLB will deploy its advanced technology portfolio, including digital and automation tools, to support the project. The win represents a significant revenue opportunity and reinforces SLB’s position as a leading provider of ultra‑deepwater completion services in a key offshore region.
The content on BeyondSPX is for informational purposes only and should not be construed as financial or investment advice. We are not financial advisors. Consult with a qualified professional before making any investment decisions. Any actions you take based on information from this site are solely at your own risk.