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 June 2014 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Offshore

Floating Production: $1.2b Speculative FLNG Ordered

The floating production business continues to be very strong, particularly in the LNG gas processing sector.  Last month saw a speculatively ordered floating liquefaction plant – a $1.

FLNG Prelude: A New Dawn in the Age of Maritime & Energy

Longer than four football fields, as big as six Nimitz-class aircraft carriers and almost as tall as the Taipei 101 skyscraper, Royal Dutch Shell PLC is hoping that its record-setting,

Corvus Energy, GMC Close Financing Agreement

Corvus Energy today announced that it has completed a strategic investment by Green Marine Capital (GMC) previously announced on May 5, 2014. Green Marine Capital,

 
 
Maritime Contracts Maritime Standards Naval Architecture Navigation Offshore Oil Pipelines Salvage Ship Electronics Ship Repair Shipbuilding / Vessel Construction
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: 0.0970 sec (10 req/sec)