HOUSTON (dpa-AFX) - SLB (SLB) said it has been awarded three contracts by
Petrobras (PBR) for completion hardware and services for up to 35 subsea wells
in the development of Petrobras' offshore Buzios Wave II oilfield. The scope of
the contract includes SLB's full bore electric interval control valves and
electric subsurface safety valves.

Steve Gassen, President of Production Systems, SLB, said: 'This contract award
represents a critical milestone on Petrobras' journey to digitally integrated
offshore electric production systems. It will improve efficiency and deploy
innovative technologies in Brazil.'



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