Halliburton Expands With Vanco For Deepwater Exploration Projects

Wednesday, December 12, 2001
Halliburton has signed an agreement with Vanco Energy Company for the provision of engineering and consulting services in several deepwater regions offshore West Africa. The agreement comes as Vanco, the largest holder of deepwater exploration licenses in Sub-Saharan Africa, prepares for a major drilling program offshore West Africa, beginning in late 2002. The operator expects to drill at least six deepwater exploratory wells offshore Equatorial Guinea, Cote d'Ivoire, Morocco, and Namibia. In addition to the engineering and consulting services agreement,

Halliburton is providing Vanco with a LNG project screening study, software licenses, and screening tools. According to Dave Lesar, Halliburton's chairman, president, and chief executive officer, "from the introduction of Halliburton's HalLink(TM) high-speed satellite communications network into Africa to the continued advances being made to our existing infrastructure in Angola and Nigeria, Halliburton will continue to help operators leverage their resources in developing opportunities off the coast of West Africa."

Halliburton's business unit, Halliburton Energy Services, is scheduled to begin engineering related work within the next few weeks. Contract work is expected to continue for several years as Vanco works through its extensive deepwater portfolio, with exploration blocks in seven countries: Cote d'Ivoire, Equatorial Guinea, Gabon, Madagascar, Morocco, Namibia, and Senegal.

Maritime Reporter October 2013 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Offshore

MOL Merges Group Companies; Upgrades Bridge Simulator

MOL adds DPS and enhances safe operation by integrating expertise through merger Mitsui O.S.K. Lines, Ltd. (MOL) announced the merger of MOL Marine Consulting, Ltd.

Swire Pacific Acquires 3rd L Class PSV

Shipowner and operator, Swire Pacific Offshore Operations (Pte) Ltd (SPO) celebrated the naming and delivery of its third L Class PSV vessel, Pacific Legend in Kyoto,

Norvestor to Become PG’s Largest Shareholder

Norvestor VI, L.P., a fund advised by Norvestor Equity AS, announced it has signed an agreement to invest in Ing Per Gjerdrum AS including its subsidiaries PG Hydraulics AS and PG Construction AS.

 
 
Maritime Contracts Naval Architecture Offshore Oil Pipelines Pod Propulsion Port Authority Salvage Ship Simulators Shipbuilding / Vessel Construction Sonar
rss | archive | history | articles | privacy | terms and conditions | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.1055 sec (9 req/sec)