Halliburton, MI Swaco and Schlumberger have seen their deals extended by StatoilHydro for the provision of cementing and fluid services offshore Norway.
The extensions are collectively worth NOK 2.5 billion.
The two-year contract extension with Halliburton covers fluid and cementing services on several installations, while the deal with MI Swaco is for fluid services and has also been extended for a further two years.
The two-year contract extension with Schlumberger comprises cementing services and all of the agreements come into force on 1 September 2008.
Chief Procurement Officer in StatoilHydro, Anders Opedal said: “StatoilHydro expects its suppliers to deliver according to high HSEQ standards. These contract extensions are a direct consequence of the suppliers’ ability to meet our expectations.”