Halliburton Lands 2-Year Extension

摘要

Houston-based Halliburton has been awarded a two-year contract extension by StatoilHydro to provide fluids systems for multiple fields, including cementing services for 20 rigs and drilling and completion fluids for 16 rigs on the Norwegian offshore continental shelf. The contract extension, valued at about US $450 million, is the second two-year option exercised by the Norwegian-based StatoilHydro. Under the terms of the deal, Halliburton will provide drilling fluids, drilling waste management, cementing services, completions fluids and pumping services.