Halliburton nets 3-year Saudi Aramco’s Manifa mega-project
Posted: 21 April 2008
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Dubai-based oilfield-services giant Halliburton Co. has received a three-year contract to provide a variety of oilfield services in support of the offshore portion of Saudi Aramco’s Manifa mega-project, the company has announced.
According to Halliburton, the Manifa project has a production target of 900 MBCD or thousand barrels of oil per day, which makes it Saudi Aramco's incremental oil production project.
Halliburton said it will provide directional drilling, logging-while-drilling, cementing, logging and perforating, coiled tubing and stimulation services for 93 wells offshore northeast Saudi Arabia.
The value of the contract wasn’t disclosed. The offshore component of the project will use 10 jack-up rigs.
Ahmed Lotfy, Halliburton’s Eastern Hemisphere president, said: “To be selected by Saudi Aramco for yet another project of this magnitude demonstrates our client’s continued confidence in our ability to successfully execute such complex and challenging operations. This contract award validates our commitment to expand customer relations with national oil companies and grow Halliburton’s international business.”
“Halliburton has worked with Saudi Aramco for nearly 70 years and has maintained an impressive track record of safely and successfully delivering mega-projects,” added Gasser Badrashini, vice president of Halliburton’s Saudi Arabia and Bahrain operations. “Following on from the success of our work on the Khurais mega-project, which is currently ahead of schedule, the award of the Manifa project reflects our solid performance and leading technologies.”
The estimated $10-billion Manifa development program aims to add 900,000 barrels a day of Arabian heavy crude, 120 million cubic feet a day of gas and 50,000 barrels a day of condensate to Saudi Aramco's production by mid-2011. |
