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Statoil Announces Cooperating Agreement With Halliburton

Source: www.gulfoilandgas.com 2/23/2006, Location: Europe

A cooperation agreement has been concluded by Statoil with oil service company Halliburton on developing new technology. The deal covers several drilling and well technology projects. The agreement includes research, development, qualification and implementation of technology in fluid systems, drilling, reservoir evaluation, completion and production. The development of software in the reservoir disciplines also forms part of the agreement.

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