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FOR IMMEDIATE RELEASE:
September 15, 2003
BAROID AND NATIONAL OILWELL SIGN GLOBAL DISTRIBUTION AGREEMENT
HOUSTON, Texas - The Baroid product service line of Halliburton Energy Services and National Oilwell have signed a global distribution agreement to allow both companies to increase participation in the expanding solids control and drilling waste management market.
The addition of National Oilwell equipment to the Baroid product line will allow Baroid to offer a range of services such as solids control equipment, fluid mixing and shearing systems, equipment instrumentation and automation, cuttings handling and transport systems, bulk additive and handling systems, cuttings injection equipment, rig design and auditing, and dewatering equipment. In conjunction with Baroid's core fluid services, this offering provides Total Fluids Management® expertise to the industry.
"National Oilwell was the perfect choice for our partner to enter this important market," said Simon Seaton, global coordinator, Baroid Surface Solutions™ and Total Fluids Management®. "They have the high quality equipment, engineering experience and global presence we need and both companies share a vision of the drilling rig of the future that will minimize the environmental impact of drilling operations and, in particular, drilling fluids and drilled cuttings."
"Halliburton is the right kind of partner for National Oilwell," said Kevin Neveu, National Oilwell's president of Rig Solutions - Western Hemisphere. "The industry leading drilling fluids services Baroid provides combined with the state-of-the-art solids control
equipment designed and produced by National Oilwell will ensure a highly competitive global Total Fluids Management® service. We are very excited to have the opportunity to showcase our equipment with Halliburton's Baroid product service line."
Halliburton Energy Services provides products, services, and integrated solutions for oil and gas exploration, development, and production. Capabilities range from initial evaluation of producing formations to drilling, completion, stimulation, and well maintenance - for a single well or an entire field. With more than 300 service centers in more than 100 countries, Halliburton possesses the global perspective that is increasingly important for exploration and production.
Halliburton, founded in 1919, is one of the world's largest providers of products and services to the petroleum and energy industries. The company serves its customers with a broad range of products and services through its Energy Services Group and Engineering and Construction Group business segments. The company's web site is located at www.halliburton.com.
National Oilwell is a worldwide leader in the design, manufacture and sale of comprehensive systems and components used in oil and gas drilling and production, as well as in providing supply chain integration services to the upstream oil and gas industry. National Oilwell's web address is www.natoil.com.
Contact
Zelma Branch
zelma.branch@halliburton.com
Public Relations
(p) 713.759.2601
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jobs@halliburton.com
(p) 800.888.7668
ext. 8005
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kbr_supplier_relations@halliburton.com
Supplier Diversity Contact
Erin Petkovich
supplier_diversity@halliburton.com
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