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HALLIBURTON SUBSEA RECEIVES FURTHER MOBILE NORTH SEA AWARD
Dallas, Texas - Halliburton SubSea, a division of Halliburton Company's (NYSE:HAL) Brown & Root Energy Services (BRES), has been awarded a contract for the supply and installation of a flexible production flowline. Part of a five-year frame agreement with Mobil Exxon, the line is to be installed between Beryl Alpha and the Nevis field.
The flowline is to be manufactured by Wellstream at its plant in Newcastle, UK. It will be the sixth production flowline of this development to be manufactured by Wellstream and installed by Subsea Offshore, now part of Halliburton SubSea. Measuring 7.5km, the 53/8-inch 5000psi insulated sweet service production flowline is to be completed ex-works end April 2000 for installation during May 2000.
"This is a significant award in the current economic climate within our industry" said Larry Farmer, president of Brown & Root Energy Services. "This single frame agreement with Halliburton SubSea provides our customer with fast track cost effective solutions."
Brown & Root Energy Services supplies engineering, construction, operations and maintenance services to the upstream oil and gas industry worldwide. Its primary role is the engineering, project management, construction and operation of the facilities that are utilized for the production and transportation of oil and gas.
Founded in 1919, Halliburton Company is the world's leading diversified energy services, engineering, construction, maintenance and energy equipment company. 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. The company's World Wide Web site can be accessed at http://www.halliburton.com.
Contact
Taryn Rock
Public Relations-Europe/Africa
(p) 44.1372.866.693
taryn.rock@halliburton.com
Wendy Hall-Nantz
Public Relations-Americas
(p) 713.676.5227
wendy.hall@halliburton.com
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