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Home›Business & Finance›Halliburton to assist Petrobras in stepping up digitalisation and enhancing exploration ops
Business & Finance

March 30, 2023 · about 3 years ago

Halliburton to assist Petrobras in stepping up digitalisation and enhancing exploration ops

Brazil’s Petrobras has picked Halliburton’s digital platform to accelerate digital transformation and address subsurface challenges.

2 minutes read
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Illustration; Source: Halliburton

Brazilian state-owned oil and gas giant Petrobras has picked Halliburton’s digital platform to accelerate digital transformation and address subsurface challenges.

Halliburton revealed on Wednesday, 29 March 2023, that Petrobras would use its Landmark iEnergy digital platform. This comes after the two players executed a contract that gives Petrobras access to the entire Halliburton Landmark DecisionSpace 365 Geoscience Suite including cloud-based, next-generation technologies like seismic engine, scalable earth modelling, assisted lithology interpretation, DS365.ai, and Neftex predictions to support its strategic exploration and production programmes.

Nagaraj Srinivasan , senior vice president of Landmark, Halliburton Digital Solutions, and Consulting, remarked: “Use of DecisionSpace 365 on the iEnergy hybrid cloud represents the next step change of user experience and business value for Petrobras while lowering total cost of ownership. Migrating from on premise and private cloud environments to an enterprise scale geoscience suite in a secure public cloud environment allows geoscientists and engineers at Petrobras to extract more value from their data and make more informed decisions every day.”

According to Halliburton, the iEnergy digital platform, which powers DecisionSpace 365 cloud applications, is “the E&P industry’s first hybrid cloud designed to deploy, integrate, and manage sophisticated cloud applications.” The digital platform contains solutions for geology, geophysics, and engineering in a public cloud, along with high-performance processing and machine learning.

Marta Abrão , general manager of Exploration Data and Application Technologies at Petrobras, commented: “We are confident that new technologies such as iEnergy can accelerate the digital transformation and optimize our exploratory activities.”

The deal with Petrobras comes only a week after Halliburton announced a similar one with Hess Corporation , which decided to implement digital wells using the U.S. oilfield services giant’s well construction suite.

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