Contractor: Halliburton
Scope of Work: provision of drilling rigs, directional and horizontal drilling, logging while drilling, cementing, mud engineering, wireline logging, completion, perforating, and other well construction activities, including engineering and management of the entire drilling operations, the project would use up to four rigs and involve as many as 185 oil wells
Contract type: integrated turnkey drilling contract
Field: South: Ghawar
Period: five-year contract, with an option for an additional five-year
Background: Halliburton said the contract is the first such award for integrated turnkey drilling by Saudi Aramco and goes toward a broader plan to expand its relationship with oil field services providers.Halliburton has played a role in operations in Saudi Arabia for close to 70 years.