Halliburton Wins Contract for Drilling and Well Services in Norway



Drilling Production Technology AS (DPT) of Norway, part of the AGR group of companies, has awarded Halliburton a $150-million contract to provide integrated drilling and well services on the Norwegian continental shelf. The contract has a duration of up to 6 years and includes an option for performance incentives.

DPT is scheduled to begin a 25-well exploration drilling campaign for the Bredford Consortium in the fourth quarter of 2006, using the semi-submersible Bredford Dolphin drilling rig. The consortium comprises BG Norge, DNO, Endeavour Energy, Lundin Norway, Marathon Petroleum Norge, Pertra, and Revus Energy.

Halliburton's scope of work on the project will include directional drilling, logging-while-drilling, mud logging, drilling fluids and drilling waste management, cementing, and coring services. Halliburton's Project Management team will manage and integrate the service offerings with support from one of the company's Real Time Centers, and consortium partners will be able to monitor ongoing rig operations by accessing real-time information in their offices.

Halliburton, founded in 1919, is one of the world's largest providers of products and services to the petroleum and energy industries. The company serves its customers with a broad range of products and services through its Energy Services Group and KBR.

RELATED COMPANIES
Company: Halliburton Company more info
 - Halliburton Posts International Revenue Growth, Unlike Schlumberger (Oct 23)
 - Venezuela's IOUs Pile Up, Keeping US Oil Servicers in Tow (Aug 23)
 - Gadfly: Halliburton And Microsoft Do Not Compute For OPEC (Aug 22)
Company: BG Group more info
 - Shell Mulls LNG-Hub Network as Use by Ships and Trucks Expands (Jul 11)
 - Tanzania Laws Would Allow Govt to Tear Up Mining, Energy Deals (Jun 29)
 - Despite Cuts, Big Oil to Expand Production into the 2020s (Sep 05)
Company: Marathon Oil Company more info
Operates 4 Offshore Rigs
 - Harvey's Wake Tempers Bullish Outlook for US Oil Output Growth (Sep 01)
 - RoyalGate to Drill New Well in Equatorial Guinea's Block Z (Sep 25)
 - ShaMaran Subsidiary to Contest TAQA Default Notice (Sep 21)
Company: DNO more info
 - KRG Delivers Payments to Genel, DNO, Gulf for Tawke, Shaikan Production (Jan 23)
 - DNO Makes Oil Find in Kurdistan Region of Iraq (Jan 09)
 - Total, Shell, Eni Eligible to Bid for New Iran Oil, Gas Projects (Jan 03)
Company: Lundin Petroleum AB more info
Operates 2 Offshore Rigs
 - Lundin Board Proposes Malaysia, France, Netherlands Asset Spin Off (Feb 13)
 - Swedish Oil Firm Lundin Sees Output More Than Doubling Next Decade (Feb 01)
 - Lundin's Development Expenditure to Top $1B in 2017 (Jan 19)
Company: Det norske oljeselskap ASA more info
 - Det Norske Completes Merger with BP Norge, Creates Aker BP (Sep 30)
 - Lundin Granted Drilling Permit Offshore Norway (Sep 20)
 -  Det Norske Increases Production Guidance for 2016 (Sep 14)
Company: Revus Energy more info
 - StatoilHydro Makes Small Gas Discovery at Canon Prospect (Apr 30)
 - RWE Confirms Successful Luno Appraisal Test, Field Extension (Jan 30)
 - Spring Energy Snags Stake in North Sea Production License (Jan 28)
Company: Endeavour Energy UK Limited more info
 - Bibby Offshore Delivers Multi-Million Dollar Decommissioning Contracts (Sep 08)
 - BMT Cordah Advises on 27th Licensing Round (Feb 19)
 - Aker Bags Umbilical Gig for Endeavour's E. Rochelle Proj. (Jul 21)
Company: AGR Drilling Petroleum Services AS more info
 - AGR Wins Well Management Contract with Edison (Jan 06)
 - AGR Wins Well Management Contract with OMV (Apr 10)
 - AGR Appoints New Norwegian Rig Team Head (Aug 29)
Company: Drilling Production Technology AS more info
 - Halliburton Issues Q2 Report (Jul 21)
 - Halliburton Wins Contract for Drilling and Well Services in Norway (Jul 18)
For More Information on the Offshore Rig Fleet:
RigLogix can provide the information that you need about the offshore rig fleet, whether you need utilization and industry trends or detailed reports on future rig contracts. Subscribing to RigLogix will allow you to access dozens of prebuilt reports and build your own custom reports using hundreds of available data columns. For more information about a RigLogix subscription, visit www.riglogix.com.