Halliburton Wins Shell Drilling Contract Off Brazil

Halliburton has executed an integrated services contract with Royal Dutch Shell for post-salt development and pre-salt exploration in Brazil’s Campos and Santos Basins.

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.”