Houston, TX – October 15, 2025 – Halliburton (NYSE: HAL) announced today that Petrobras awarded multiple contracts to provide vessel stimulation, intelligent completions, and safety valves in Brazil’s deepwater fields after a competitive process.
Halliburton’s engineered stimulation solutions strengthen the collaboration with Petrobras. These awards demonstrate our longstanding relationship in Brazil and support our global strategy to improve asset value and safety through our completions services.
In the Búzios field, Halliburton will deploy its SmartWell® intelligent completion technology to enable real-time reservoir management and actionable insights to optimize production. For the Séepia and Atapu fields, Halliburton will provide EcoStar® electric tubing retrievable safety valves (eTRSV) to improve the safety and efficiency of this project.
Additionally, Halliburton's Stim Star Brasil, tailored for Petrobras activity, will deliver stimulation services that focus on reservoir productivity and improve asset performance.
These contracts are expected to begin in 2026 and highlight Halliburton's expertise in completions and its focus on delivering comprehensive solutions tailored for challenging offshore operations. Through its long-standing collaboration with Petrobras, Halliburton plays an important role in the advancement of Brazil's offshore oil and gas industry and contributes to the nation's economy.
About Halliburton
Halliburton is one of the world’s leading providers of products and services to the energy industry. Founded in 1919, we create innovative technologies, products, and services that help our customers maximize their value throughout the life cycle of an asset and advance a sustainable energy future. Connect with us on LinkedIn, YouTube, Instagram, and Facebook.
For Investors:
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Halliburton stimulation technologies lower emissions, improve quality service, and decrease health, safety, and environment exposures.
Halliburton SmartWell® intelligent completion systems allow operators to collect, transmit, and analyze completion, production, and reservoir data and control and monitor selected reservoir zones remotely and in real-time.
Halliburton tubing-retrievable and wireline-retrievable subsurface safety valves are a field-proven solution for operators.
Collect, transmit, and analyze downhole data, and remotely control and monitor reservoir zones with Halliburton SmartWell® completion systems.
World’s first electric tubing-retrievable safety valve, enabling a fully electric completion system with zero risk of exposing electronics to wellbore fluid.
