Halliburton wins drilling contract in Saudi Arabia

Halliburton has been awarded the integrated turnkey drilling contract in South Ghawar.

Located 200km from the city of Dhahran, the Ghawar field is the world's largest oil field and the contract would involve work in Uthmaniyah, Haradh, Hawiyah and Shedgum.

The five-year contract, with an option for an additional five-year period, calls for the provision of drilling rigs, directional and horizontal drilling, logging while drilling, cementing, mud engineering, wireline logging, completion, perforating, and other well construction activities, including engineering and management of the entire drilling operations. The project is to utilise three to four rigs, and will involve between 153 and 185 oil production, water injection and evaluation wells.

This contract is Saudi Aramco's first award for an integrated turnkey drilling contract and is an important part of its plan to explore new avenues of collaboration with major oil field services providers.

Ahmed Lotfy, Halliburton's Eastern Hemisphere President, said: "Our selection by Saudi Aramco for yet another project demonstrates its continued confidence in our ability to execute complex and challenging operations. This contract award includes a full range of Halliburton's integrated technologies and services and provides a platform for future successes."

"This award builds on the success we delivered on the Khurais project, reflecting our leading technologies and solid performance," said Gasser Badrashini, Halliburton's Middle East and North Africa Regional Vice-President.

 

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