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Exclusive: Schlumberger, Halliburton ready bids for Petrobras output sharing deal

Reuters  |  RIO DE JANEIRO/HOUSTON 

By Alexandra Alper and Liz HamptonRIO DE JANEIRO/HOUSTON (Reuters) - Schlumberger NV and Halliburton Co are preparing offers for an onshore production sharing deal with Brazil's state-controlled Petrobras, two sources said, a first for oil services firms in the Latin American country.Another source said General Electric Co's unit Baker Hughes is also studying a potential bid for the tender, launched by Petrobras in May.A deal would represent a novel way for the debt-laden oil company to boost output from mature fields without losing control or risking capital, by partnering with one of the ...

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First Published: Wed, June 06 2018. 22:33 IST
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