Halliburton Awarded Shell Offshore Exploration Contract
April 17 2019 - 7:15AM
Business Wire
Named preferred integrated service provider
in Brazil
Halliburton Company (NYSE: HAL) today announced the execution of
an integrated services contract with Royal Dutch Shell for
post-salt development and pre-salt exploration in Brazil’s Campos
and Santos Basins. Under the contract, which includes a three-year
term with a two-year extension, Halliburton will provide drilling
services to drive greater efficiency by integrating multiple
product offerings and technologies.
“Our integrated services model is designed to help accelerate
new field development, reduce drilling and completion costs and
increase recovery through the utilization of our innovative
technologies and basin insight,” said Anouar Fraija, vice president
of Halliburton Brazil. “We are excited to win this award and
collaborate with Shell to deliver integrated solutions that
maximize their asset value.”
Halliburton has an established track record in Brazil’s pre-salt
fields, which are among the most complex wells ever drilled, and
require a broad scope of technologies and capabilities to achieve
economical and operational success. Halliburton also maintains a
technology center in Rio de Janeiro which serves as a global center
of expertise for deepwater innovation and training. The center’s
capabilities allow Halliburton to more quickly translate offshore
knowledge into new technologies that reduce uncertainty and
increase efficiency and reliability.
ABOUT HALLIBURTON
Founded in 1919, Halliburton celebrates its 100 years of service
as one of the world's largest providers of products and services to
the energy industry. With 60,000 employees, representing 140
nationalities in more than 80 countries, the company helps its
customers maximize value throughout the lifecycle of the reservoir
— from locating hydrocarbons and managing geological data, to
drilling and formation evaluation, well construction and
completion, and optimizing production throughout the life of the
asset. Visit the company’s website at www.halliburton.com. Connect
with Halliburton on Facebook, Twitter, LinkedIn, Instagram and
YouTube.
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