HOUSTON--(BUSINESS WIRE)--Jul. 21, 2009--
Halliburton (NYSE:HAL) has been awarded a $190 million contract by
Petrobras to provide drilling fluid, completion fluid and drilling waste
management services in the offshore markets of Brazil. The award
includes service delivery in the shelf, deepwater and pre-salt areas of
the Campos, Santos, and Espírito Santo basins. Halliburton expects to
begin performing services related to this five-year agreement in the
third quarter of 2009.
“We are excited to have been awarded this contract and we look forward
to delivering engineered fluid solutions that are customized to maximize
wellbore value for Petrobras,” said Jeff Miller, vice president of
Baroid, a Halliburton product service line. “Our Brazilian operations
will be a key component in the further development of our Latin America
franchise.”
About Halliburton
Founded in 1919, Halliburton is one of the world’s largest providers of
products and services to the energy industry. With more than 50,000
employees in approximately 70 countries, the company serves the upstream
oil and gas industry throughout the life cycle of the reservoir – from
locating hydrocarbons and managing geological data, to drilling and
formation evaluation, well construction and completion, and optimizing
production through the life of the field. Visit the company’s Web site
at www.halliburton.com.
Source: Halliburton
Halliburton
Public Relations
Brad Baethe, +1-281-575-3197
brad.baethe@halliburton.com
