Facebook Twitter Linkedin Youtube RSS
Eye of Dubai
 
Wednesday, June 20, 2018
Sign up for newsletter:
Advertise with us
℃ Dubai   
Close
| Register | Login
Username
Password
Image Verification
Refresh
Close
|
Environment & Energy NEWS
Environment & Energy is sponsored by:
Posted on: Monday 28 May, 2018 6:31 am
Aramco Awards Halliburton contract for unconventional gas stimulation services

Saudi Aramco on Sunday signed the unconventional gas stimulation services contract with Halliburton to further improve the economics of Saudi Aramco’s Unconventional Resources Program.

The contract signing ceremony, attended by Amin H. Nasser, President and CEO of Saudi Aramco and Jeffrey A. Miller, President and CEO of Halliburton, reflects Saudi Aramco’s pursuit of unconventional gas to serve domestic needs, offset local crude burning, provide feedstock for chemical industry development, and spur regional economic development in line with Vision 2030, the Kingdom’s national transformation program.

The new agreement will provide lumpsum turnkey stimulation services which include major hydraulic fracturing and well intervention operations.

Amin H. Nasser said: “Over the past three years, Saudi Aramco has made great strides in developing our unconventional resources program, with emphasis on unconventional gas as an important clean energy source for the Kingdom’s future. Now, with this contract formalized today with Halliburton, we enter the important next phase of achieving our gas expansion objectives. Halliburton has been a reliable provider of products, services and technologies to our company for many decades. We welcome their expertise in unconventional resources, and we have great confidence in our joint ability to achieve operational and cost efficiencies for this important growth area.”

Saudi Aramco’s Unconventional Resources program spans three areas of Saudi Arabia: North Arabia, South Ghawar and Jafurah/Rub’ Al-Khali.


Print this Article
comments powered by Disqus


Jobs
Realestate
Book Hotels
Our Sponsors
  • Emirates Airline
  • Saudi Arabian General Investment Authority
  • Alsorayai Group
  • Emaar
  • HP
  • Lomar
  • Emirates NBD
  • du
  • Dubai Chamber
  • Dubai Tourism
  • Riyadh Chamber of Commerce
Eye Of Dubai
Islamic Date Converter Close
Gregorian Calender
Month Day Year
Hijri/Islamic Calender
Month Day Year
Day of the Week:

World Time Close
Unit Converter Close
Kindly select the desired Values & Units:
Convert
 
Forgot Your Password Close
We will send an email to your inbox to clear things up
Username or Email
* Mandatory fields / Error alert
Submit
Track Shipments Online Close
Enter Aramex AWB number
Enter DHL AWB number
Enter Fedex AWB number
Enter TNT AWB number
Enter UPS AWB number
Daily Newspaper Close
www.emaratalyoum.com/
www.albayan.ae/
www.khaleejtimes.com/
www.alittihad.ae/
www.gulfnews.com
www.thenational.ae/
www.alroeya.ae/
www.emirates247.com/
www.alkhaleej.ae/
www.gulftoday.ae/