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Three firms competing for Petrobras’ well stimulation contract

Bnamericas Published: Friday, November 19, 2021
Three firms competing for Petrobras’ well stimulation contract

Baker Hughes, Halliburton and Schlumberger are participating in a Petrobras tender to contract well stimulation services, a source familiar with the matter told BNamericas.  

The process includes chartering well stimulation vessels (WSSVs) and chemical products. 

The auction is public, but Petrobras has not yet published the details of the commercial offers made by the suppliers. 

However, Baker submitted the lowest prices in the four lots of the tender, according to the source.  

In lot A, the company’s bid was 932mn reais (US$166mn) with the Blue Marlin vessel, compared with Halliburton and Schlumberger’s bids of 1.22bn reais and 1.31bn reais with the Stim Star Brasil (pictured) and Kudu WSSVs, respectively. 

The same bids and vessels were offered in lot B. 

In Lot C, Baker Hughes submitted 859mn-real and 866mn-real bids with the Blue Orca and Blue Angel vessels, respectively, followed by Schlumberger (1.3bn reais/Kudu). 

The same bids and vessels were offered in lot D. 

OTHER TENDERS

Baker, Halliburton and Schlumberger are also competing for a contract involving well construction at Petrobras’ Búzios field, in the Santos basin pre-salt. 

The oil company’s procurement website Petronect states that Halliburton and Schlumberger offered 1.5bn reais and 1.6bn reais, respectively, in lot A and 840mn reais and 917mn reais in lot B. Baker’s bid has not been disclosed. 

The latter was the only company to submit a bid (42.7mn reais) in a Petrobras' tender to hire goods and services for bottom completion for the TOT-3P well design.  

This is intended to reduce the time and cost of well construction, in addition to reducing the costs of subsea interconnections and new techniques for reservoir permeability control, which restrict water production and optimize oil production.

Another contracting process underway calls for the acquisition of specialized well integrity and reliability services. In this case, WA Commerce submitted the lowest bid, for 570,000 reais, beating Perbras, which offered 3.5mn reais. 

Petrobras is also holding tenders for acquiring cable profiling and completion services.

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