Halliburton signs deal for more drilling projects in Brazil

Halliburton Company, the company founded in Oklahoma 100 years ago  announced the execution of an integrated services contract with Petrobras for pre-salt development in the Santos Basin off the coast of Brazil.

The two-year and six month contract will provide drilling and completion services to drive greater efficiency by applying pre-salt expertise and integrating multiple product offerings and technologies.

Halliburton has an established track record in Brazil’s pre-salt fields, which have some of the most complex wells ever drilled, and require a broad scope of technologies and capabilities to achieve economical and operational success.

Halliburton also maintains a technology center in Rio de Janeiro, which serves as a global center of expertise for deepwater innovation and training. The center’s capabilities allow Halliburton to translate offshore knowledge into new technologies that reduce uncertainty and increase efficiency and reliability.