SLB Awarded Major Completions Contract for Ultra-Deepwater Project Offshore Brazil

HOUSTON--(BUSINESS WIRE)--Global technology company SLB (NYSE: SLB) today announced a major contract from Petrobras (NYSE: PBR) to provide services and technology for up to 35 ultra-deepwater wells in the strategically important Santos Basin. The wells, which are part of the second development of the Atapu and Sépia fields, target massive pockets of oil and gas beneath thick salt layers, located up to 2,000 meters below the ocean’s surface. As part of its project scope, SLB will deploy advanced