Schlumberger Joint Venture Wins Petrobras Subsea Boosting Contract

MT Newswires Live12-12

Schlumberger (SLB) said Thursday that its OneSubsea joint venture has won a Petrobras (PBR) contract for two subsea raw seawater injection systems to increase recovery from the Buzios field in offshore Brazil.

The systems aim to boost the production of floating production storage and offloading vessels that are currently bottlenecked in their water injection capacities, Schlumberger said.

The company said that once the systems are operational, they will cut greenhouse gas emissions per barrel of oil because they have better reservoir pressurization efficiency compared with the conventional alternative of topside injection systems.

Financial terms were not disclosed.

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