Halliburton has been awarded a deal by BP Angola that is expected to exceed 150 wells and cost more than $600 million. The long-term contracts covers up to four developments and is to be based on a stan- dardized design. Drilling activity is scheduled to start in 2010. The first development in Block 31, PSVM, was recently sanctioned by BP Angola and its partners. Commitments related to the remaining three developments are anticipated to be awarded upon sanction of the additional projects, with the drilling program taking place over a multi-year period.
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