ADCO Awards Halliburton $70 Million in Contracts for Cementing and Associated Services.HOUSTON -- The Abu Dhabi Company for Onshore Oil Production (ADCO ADCO Abu Dhabi Company for Onshore Oil Operations ADCO Alcohol and Drug Control Officer ADCO Air Defense Control Center ADCO Alcohol & Drug Control Office ADCO Air Defense Communications Office ADCO Air Defense Coordination Organization ) has awarded Halliburton (NYSE NYSE See: New York Stock Exchange :HAL Hal: see Halle, Belgium. hal In Sufism, a state of mind reached from time to time by mystics during their journey toward God. The ahwal (plural of hal) are God-given graces that appear when a soul is purified of its attachments to the material world. ) contracts valued at more than $70 million for cementing services, stimulation services and special tools. Under the three-year agreement, Halliburton will provide optimum solutions to ongoing ADCO exploration and production activities located in the onshore fields of Abu Dhabi, United Arab Emirates United Arab Emirates, federation of sheikhdoms (2005 est. pop. 2,563,000), c.30,000 sq mi (77,700 sq km), SE Arabia, on the Persian Gulf and the Gulf of Oman. . J. Kent Wells, general manager, ADCO, said, "ADCO looks forward to working proactively with Halliburton, utilizing its technology, equipment and experience to further enhance the overall performance of our operations." Key Halliburton technologies to be used during the execution of the contract include: the ElastiCem(TM) non-foamed elastic slurry cement system, and the WellLife(R) service, advanced technology for long-term zonal isolation. "This multi-year contract reaffirms Halliburton's leadership in the provision of cementing and associated services in this very important Middle East marketplace," said Marc Edwards, regional vice president, Halliburton Energy Services Group. "We are pleased with this award and we look forward to leveraging the operational and technical expertise of our company in order to bring ever-increasing value to ADCO and its parent company, Abu Dhabi National Oil Company (ADNOC ADNOC Abu Dhabi National Oil Company )." Halliburton, founded in 1919, is one of the world's largest providers of products and services to the petroleum and energy industries. The company serves its customers with a broad range of products and services through its Energy Services Group and KBR KBR Kellogg, Brown and Root KBr Potassium Bromide KBR Key-Based Routing KBR Kota Bharu, Malaysia - Sultan Ismail Petra (Airport Code) KBR Koninklijke Bibliotheek van België / Bibliothèque royale de Belgique . Visit the company's Web site at www.halliburton.com. |
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