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Halliburton Awarded Fluids Contract by Statoil

Source: www.gulfoilandgas.com 6/30/2006, Location: Europe

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Halliburton’s Fluid Systems Division has been awarded contracts by Statoil valued in excess of $193 million for cementing services and drilling and completion fluids. The initial contract duration is two years with additional extension options of three two-year periods. The fluids, pumping and cementing services will be supplied by the bases at Dusavik, near Stavanger; Flor?, north of Bergen; Kristiansund, in western Norway; Norne, in the north of Norway; and Hammerfest, in the far northern Norway.

The Scope of Work includes drilling fluids and drilling waste management, cementing services and completion fluids and pumping services in the following fields: Sleipner/Volve, Visund, Snorre, Tordis/Vigdis, Tyrihans, Heidrun, ?sgard and exploration drilling.

In addition, the contract includes the cementing services and completion fluids and pumping services in the following fields: Statfjord, Statfjord satellites, Gullfaks satellites, Kvitebj?rn/Valemon and the cementing services in the Norne field.

The contracts are among the largest cementing and drilling and completion fluid contracts awarded in 2006 on a world scale, according to Statoil.

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