Friday, January 26, 2007

Oil and Gas: Halliburton goes to Russia

Halliburton Co. has announced that it has received a $100 million multi-services contract from Russian oil and gas company TNK-BP for work in the nation that is supplying Iran with air defense systems.

The three-year pact includes drilling fluids, waste management services, cementing, drill bits, directional drilling and logging-while-drilling services for the Uvat development near the Tyumen region.

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