Petrobras' Offshore Fields to Deploy Baker Hughes' Completions Tech

Petróleo Brasileiro S.A. - Petrobras PBR and Baker Hughes Company BKR have signed a multi-year, fully integrated completions contract in which Baker Hughes will provide its completions technology services across multiple deepwater fields offshore Brazil. An open tender preceded the award of this contract and will make use of Baker Hughes’ innovative completions technology portfolio to enhance production across multiple deepwater fields offshore Brazil.Implications of PBR’s Technology-Driven ContractThe collaboration between these two companies highlights that BKR has specifically customized a range of cutting-edge completion technologies to meet the needs of Petrobras’ offshore development that will help to improve operational efficiency, reduce costly interventions and enable real-time well monitoring across multiple zones.BKR’s unmatched completion technologies have proved their caliber in harsh environments of deepwater and high-pressure wells requiring a supreme level of reliability. Working closely with Petrobras, Baker Hughes has consistently pioneered innovative approaches to developing Brazil’s natural resources safely and efficiently through continuous innovation, enhancement and rigorous testing.Petrobras, currently carrying a Zacks Rank #3 (Hold),will deploy Baker Hughes’ SureCONTROL Premium interval control valve, a state-of-the-art technology that ensures enhanced reliability in high-flowrate environments. With real-time response capabilities, this solution allows remote monitoring and management of well conditions.You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.Additional completion technologies, such as SureSENS QPT ELITE downhole gauges and the SureTREAT chemical injection system, will reinforce Petrobras’ commitment to operational excellence and sustainability.Strengthening Brazil’s Energy FutureStrengthening Petrobras’ leadership in offshore development, Baker Hughes has always been a trusted partner in Brazil’s energy sector for decades. With the first deployments expected in late 2025, this partnership marks a new era of efficiency and resilience in Brazil’s energy landscape.Key PicksHeadquartered in Rio de Janeiro, Petroleo Brasileiro S.A., or Petrobras S.A., is the largest integrated energy firm in Brazil and one of the largest in Latin America. Currently, PBR has a Zacks Rank #3 (Hold).Investors interested in the energy sector might look at some top-ranked stocks like Delek Logistics Partners, LP DKL and Archrock, Inc. AROC.Delek Logistics Partners owns, operates, acquires and constructs crude oil and refined products logistics and marketing assets. The Zacks Consensus Estimate for DKL’s 2025 earnings indicates 34.45% year-over-year growth.Houston-based Archrock is a provider of natural gas contract compression services as well as a supplier of aftermarket services for compression equipment. The Zacks Consensus Estimate for AROC’s 2025 earnings indicates 46.67% year-over-year growth.Bottom of FormOnly $1 to See All Zacks' Buys and SellsWe're not kidding.Several years ago, we shocked our members by offering them 30-day access to all our picks for the total sum of only $1. No obligation to spend another cent.Thousands have taken advantage of this opportunity. Thousands did not - they thought there must be a catch. Yes, we do have a reason. We want you to get acquainted with our portfolio services like Surprise Trader, Stocks Under $10, Technology Innovators,and more, that closed 256 positions with double- and triple-digit gains in 2024 alone.See Stocks Now >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Petroleo Brasileiro S.A.- Petrobras (PBR): Free Stock Analysis Report Delek Logistics Partners, L.P. (DKL): Free Stock Analysis Report Baker Hughes Company (BKR): Free Stock Analysis Report Archrock, Inc. (AROC): Free Stock Analysis ReportThis article originally published on Zacks Investment Research (zacks.com).Zacks Investment ResearchWeiter zum vollständigen Artikel bei Zacks Weiter zum vollständigen Artikel bei Zacks