Halliburton awarded Shell offshore exploration contract

Under the contract, which includes a three-year term with a two-year extension, Halliburton will provide drilling services to drive greater efficiency by integrating multiple product offerings and technologies.

"Our integrated services model is designed to help accelerate new field development, reduce drilling and completion costs and increase recovery through the utilization of our innovative technologies and basin insight," said Anouar Fraija, vice president of Halliburton Brazil. "We are excited to win this award and collaborate with Shell to deliver integrated solutions that maximize their asset value."

Halliburton has an established track record in Brazil’s pre-salt fields, which are among the most complex wells ever drilled, and require a broad scope of technologies and capabilities to achieve economical and operational success. Halliburton also maintains a technology centre in Rio de Janeiro which serves as a global centre of expertise for deepwater innovation and training. The centre’s capabilities allow Halliburton to more quickly translate offshore knowledge into new technologies that reduce uncertainty and increase efficiency and reliability.

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