From The Houston Chronicle


Houston oilfield service company Halliburton has landed nine contracts to drill and complete a series of wells off the coast in West Africa.

Australian exploration and production company Woodside Energy awarded the contracts to Halliburton as part of the first phase of developing the SNE Field off the coast of Senegal.

Financial terms have not been disclosed but Halliburton reported that the contracts contingent on Woodside making a final investment decision to move forward with the ambitious offshore project.

If the project reaches a positive final investment decision, the drilling campaign could start in late 2020 or early 2021 with 18 wells and up to eight optional wells over an estimated 3- to 4-year term.

Halliburton’s contracts awarded include drilling, logging, cementing, lower completions, e-line/slick line, coiled tubing and well testing services.

“We are excited to win this work and to provide services from our multiple product service lines on what is likely to be the first deepwater oil development in Senegal,” Halliburton executive Shannon Slocum said in a statement. “In addition to our services, Halliburton will invest in Senegal through constructing facilities, hiring local staff and potentially utilizing local vendors/suppliers.”

 

 

Initial engineering work will begin in Perth, Australia, later this year, and will transfer to Dakar, Senegal in 2020.

The contracts follows a December award Woodside gave to Halliburton for drilling and completion fluids services.

Founded in 1919 and headquartred in Houston, Halliburton has more than 60,000 employees in 40 nations. The company made a $1.66 billion profit on $24 billion of revenue during 2018.


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