Eni Awards Halliburton Contract to Provide Multiple Energy Services in Iraq

Wednesday, Sep 01, 2010

Halliburton (NYSE:HAL) has been awarded a contract by Eni to provide a range of integrated energy services toward the redevelopment of the Zubair field in southern Iraq.

“Halliburton has made a strategic investment in our Iraqi infrastructure and the award of this contract, coupled with the recent letter of intent awarded by Shell and its partners, demonstrates that we have the technology and people in place to deliver in Iraq.”

Work for the multi-million dollar contract is underway. Halliburton will perform services such as wire-line logging, perforating, acidizing and well testing on 20 wells.

“We are committed to providing Eni the critical services required to deliver on its goal of expanding production over the next several years,” said Dave Lesar, Halliburton’s Chairman, President and CEO. “Halliburton has made a strategic investment in our Iraqi infrastructure and the award of this contract, coupled with the recent letter of intent awarded by Shell and its partners, demonstrates that we have the technology and people in place to deliver in Iraq.”

Source: Business Wire