Halliburton Awarded Two-Year Talisman Deal
HOUSTON - Halliburton (NYSE:HAL), through its product service line Baroid, has been awarded a two-year contract, with multiple extension options, to provide drilling fluids and associated services to Talisman Energy Norge AS. The $229 million contract, including options, began in the third quarter of 2009 and encompasses all Talisman-operated fields on the Norwegian Continental Shelf.
“We have chosen the company, based on its commercial and technical solutions,” said Henrik Kayser, manager of Drilling and Wells for Talisman Energy Norge AS. “We look forward to a long and prosperous working relationship with Halliburton.”
“Halliburton is pleased to have been awarded this contract with Talisman and we look forward to providing customized drilling fluids and services to Talisman for many years to come,” said Jorunn Saetre, vice president of Halliburton’s operations in Scandinavia.
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.
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