BP Renews Global Agreement with Landmark for Technology, Services

Halliburton announced today that BP has renewed their global software access and services agreement. The three-year contract enables continued access to a broad suite of Landmark technology and petro-technical consulting services for the development, deployment and ongoing global support of exploration and production (E&P) technology and workflows. Software access covered in the agreement includes applications for seismic processing, geophysical and geological interpretation, reservoir simulation and drilling engineering.

"This contract extends our valuable relationship with BP into its second decade," said Paul Koeller, vice president of Halliburton Software and Asset Solutions. "The agreement is another testament to Landmark's commitment to providing integrated technologies and services supporting high-science, cross-domain E&P workflows." Landmark software provides an open environment that enables efficient E&P workflows through the integration of preferred applications and data, within and across domains, from any vendor. The environment leverages industry-standard OpenWorks® project data management software.

Mark Bouzek, chief information officer, E&P, BP, said, "Having reviewed our technology needs and assessed the market, BP has decided to renew our software and services agreement with Halliburton for a further three years. The performance-based global agreement will continue to provide core software and services for our technical teams to use as they work to identify opportunities and reduce risk associated in the discovery and recovery of hydrocarbons worldwide."