RIO DE JANEIRO, Dec 11 (Reuters) - Brazil's Petrobras
has awarded an $800 million contract to major
oilfield services provider SLB for integrated services
across all offshore fields operated by the state-run oil firm in
the country, said SLB on Wednesday.
SLB will oversee the construction of more than 100 deepwater
wells, the firm said in a statement, as part of Petrobras' plans
to revitalize already productive fields and explore new areas.
The three-year contract, set to start in April, will see the
firm providing services mainly in the Campos, Santos, and
Espirito Santo basins, said SLB.
Operations in Brazil's so-called Equatorial Margin are also
planned, said SLB, if Petrobras obtains a long-sought license to
explore there during the contract period.
Petrobras has recently increased the amount it plans to
invest in exploration and production as it seeks to replenish
its reserves, with its strategic plan for the 2025-2029 period
earmarking $77 billion for E&P activities.