Originally published Friday, November 6, 2009 at 7:10 AM
Comments (0)
E-mail article
Print view
Share
Halliburton gets drilling contract
Halliburton Co. said Friday it received a contract to drill and complete oil wells in Saudi Arabia's Ghawar field.
The Associated Press
Halliburton Co. said Friday it received a contract to drill and complete oil wells in Saudi Arabia's Ghawar field.
Halliburton said the Ghawar field is the world's largest oil field. It is located about 124 miles from the city of Dhahran.
The five year project would involve work in Uthmaniyah, Haradh, Hawiyah and Shedgum. The project is expected to use three to four rigs, and involve between 153 and 185 oil production, water injection and evaluation wells, Halliburton said.
The contract is an important part of Saudi Aramco's plan to explore new avenues of collaboration with major oil-field services providers. Halliburton said it has worked previously with the petroleum company, which is owned by the Saudi Arabian government.
The Ghawar field contract can be renewed for an additional five years.
Shares of Halliburton advanced 89 cents, or about 3 percent, to $31.44 in morning trading.
E-mail article
Print view
Share
Nintendo re-enlists Mario, savior of video-game industry
Verizon-Frontier deal stirs concern among consumers
Brier Dudley: 'Guitar Hero' founder excited about future
UPDATE - 12:46 AM
Gaps for consumers in Democrat health care bills
NEW - 11:03 PM
Hutch gets $10M from Bezos family for immunotherapy research
More Business & Technology headlines...
Raw Video | Real Salt Lake receives the MLS Cup trophy
Real Salt Lake is handed the 2009 MLS Cup trophy at Qwest Field, November 22, 2009.
Raw Video | Real Salt Lake fans celebrate
Real Salt Lake fans enter Qwest Field
Raw Video | MLS Cup Opening Ceremony
LA Galaxy's David Beckham
Real Salt Lake's Kyle Beckerman
MLS trophy arrives in Seattle
Chittenden Locks Inspection
Full interview with New Moon actors
Interview with New Moon actors
Entertainment | Top Video | World | Offbeat Video | Sci-Tech
nwjobs
Post a comment
Michelle Goodman blogs about work/life balance.
How to tell your office you're gravely ill
Post a comment
nwautos
Choosing a new sedan? Weigh the impact of your choice on your wallet and on the planet.
Post a comment
Open Houses | Find this weekend's open house listings.  Or search by location: |
- 'The Road' takes Viggo Mortensen to Mount St. Helens and Astoria, Ore.
- Tugboat sinks at Seattle waterfront pier
- Child-support error costs nearly $21,000
- Craigslist adoption ad: A plea by young mother-to-be? A scam?
- Chase shrugs off loss of CD investors
- Vikings easily beat the Seahawks
- Denny Triangle gains skyline, but tenants slow to come
- Snow piles up on Cascade slopes
- Woman stabbed by stranger in North Seattle
- Husky Men's Basketball Blog | Saturday's Pac-10 games in review
- Senate vote clears hurdle 239
- Vikings easily beat the Seahawks 134
- Child-support error costs nearly $21,000 127
- Palin excitement builds in Tri-Cities 123
- Tight Senate vote launches health care over hurdle 122
- Cutting through breast-cancer confusion 90
- Historic health care bill clears Senate hurdle 82
- Game thread 70
- New York terror trials will restore faith in rule of law 62
- Chase shrugs off loss of CD investors 54
- 'The Road' takes Viggo Mortensen to Mount St. Helens and Astoria, Ore.
- Child-support error costs nearly $21,000
- It's possible to recover a life lost to hoarding
- Washington state wines make annual best-of list
- Banff: powder, peaks & purity
- Chase shrugs off loss of CD investors
- Denny Triangle gains skyline, but tenants slow to come
- Protect yourself from baggage loss
- Northwest Living | On Whidbey, a unified home from multiple recycled parts
- Rediscovering Moab, 'the most beautiful place on Earth'
