Halliburton (HAL) Awarded $122M Contract By Total (TOT) for Work in Indonesia
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Halliburton (NYSE: HAL) has been awarded a three-year contract, with an estimated value of $122 million by Total (NYSE: TOT) to provide drilling and completion fluid solutions in Indonesia. Work is expected to begin in the Mahakam Delta during the first quarter of 2010.
“Over the last two years, Total has embraced our commitment to deliver engineered fluid solutions that are customized to maximize wellbore value,” said Jeff Miller, vice president of Baroid, a Halliburton product service line. “We are very happy to receive another opportunity to execute and deliver value to their operations.”
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