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Seaforth Wins Millenium Business
DALLAS, Texas (Sep. 27, 1999) - Seaforth Maritime, the supply and logistics arm of Brown & Root Energy Services, has secured more than £20 million ($32 million US dollars) of Millennium business after securing two North Sea contracts with Chevron UK Limited and Agip (U.K.) Limited. Brown & Root Energy Services is a business unit of Halliburton Company (NYSE: HAL).
Seaforth Maritime's supply logistics business will provide support for Chevron's Alba assets until 2002 in a deal worth £18 million ($28.8 million US dollar). This includes responsibility for the provision of supply vessel services, cargo handling and procurement management.
The second contract with Agip involves the provision of shorebase support such as labour, cranes and transport for the operator's Balmoral, Tiffany and associated fields also until 2002.
"We secured this significant work in very competitive market conditions," said Larry Farmer, president, Brown & Root Energy Services. "We have worked with both companies before, and in our view, this success demonstrates continued customer confidence in our ability to deliver cost-effective services against strict quality and safety criteria to the offshore energy sector."
Seaforth Maritime, part of Brown & Root Energy Services, provides supply chain management services. Brown & Root Energy Services supplies engineering, construction, operations and maintenance services to the upstream oil and gas industry worldwide. Brown & Root Energy Services is a business unit of Halliburton Company, headquartered in Dallas, Texas.
Halliburton Company is the world's leading diversified energy services, engineering, energy equipment, construction and maintenance companies. Founded in 1919, Halliburton provides a broad range of energy services and products, industrial and marine engineering and construction services. In 1998, Halliburton's consolidated revenues were $17.4 billion and it conducted business with a workforce of approximately 100,000 in more than 120 countries.
Contact
Taryn Rock
Halliburton Company
Europe/Africa Region
(p) 44.1372.86.6693
Wendy Hall-Nantz
Halliburton Company
Americas Region
(p) 713.676.5227
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