KOC awards offshore contract to Halliburton
KUWAIT CITY, July 1, 2019 – Kuwait Oil Company (KOC) and US oilfield services major Halliburton announced the signing of an integrated drilling services contract covering six wells offshore Kuwait.
The high-pressure high-temperature (HPHT) exploration wells will be drilled with two jackup rigs, which Halliburton will supply. The company will also provide and manage drilling, fluids, wireline and perforating, well testing, coring, cementing, coiled tubing, and all offshore logistical services.
“As part of KOC’s plan to increase production capacity by charting new territory in Kuwait’s offshore reserves, our company is pleased to announce that we will be working on this ambitious project alongside one of our closest business partners, Halliburton, who will be assisting us through the provision of their many years of experience in the field of offshore exploration and production,” KOC CEO Emad Al Sultan said.