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2014-07-01 18:30:00

HALLIBURTON DEVELOPS YAMAL

HALLIBURTON DEVELOPS YAMAL

Halliburton has executed the first contract geological assessment of Karasevskoe and Yuzhno-Tanlovskoe oil, gas and condensate fields (Project YAMAL) in partnership with Fund Energy, the company reported in a news release. Fund Energy acquired the rights for development of the two fields in public auctions held by the Russian Federal Subsoil Resources Management Agency in 2012 and 2013.

This first contract fits within the framework of a Memorandum of Understanding signed in January 2014 for strategic cooperation in the geological assessment and development of Project YAMAL and other Fund Energy oil and gas projects in Eastern and Western Siberia. Konstantin Schilin, Halliburton's…

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Tags: HALLIBURTON, YAMAL, OIL, GAS, RUSSIA

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