Halliburton Secures Multi-Year Well Stimulation Contract with ConocoPhillips in the North Sea

Reuters
Aug 13
Halliburton Secures Multi-Year Well Stimulation Contract with ConocoPhillips in the North Sea

Halliburton Company has been awarded a multi-year contract by ConocoPhillips Skandinavia AS to deliver comprehensive well stimulation services in the North Sea. The five-year contract includes three optional extension periods and aims to enhance well performance and reservoir productivity. As part of the agreement, Tidewater's vessel, North Pomor, will be converted into an advanced stimulation vessel equipped with Halliburton's Octiv® digital fracturing services. This initiative is set to optimize stimulation equipment performance and operational efficiency. Mark Dawson, senior vice president of Halliburton's Completion and Production division, emphasized the importance of the contract in reinforcing Halliburton's expertise in well stimulation and its commitment to delivering integrated solutions for complex offshore environments.

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