The concept of the alliance developed out of Halliburton's long participation in Papua, New Guinea as a traditional oilfield service provider through its Energy Services Group (ESG). It now encompasses Halliburton's engineering and construction group (KBR) in a much closer relationship with Oil Search.
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The Triple Alliance
Oil Search Limited has signed an agreement to form a strategic alliance with...
Australian oil and gas exploration and development company Oil Search Limited has signed an agreement with Halliburton and its subsidiary KBR to form a strategic alliance. This alliance would be an arrangement between an independent operator and a major oil and gas contractor.
Halliburton and KBR will offer a range of services including subsurface oilfield services, development planning, engineering, construction, production and maintenance support to Oil Search's operations in Papua, New Guinea, where Oil Search is the industry leader in oil and gas exploration and development.
Oil Search Managing Director Peter Botten, who signed the alliance agreement with Halliburton ESG Vice President for Asia Pacific, Chas Charles, and KBR Senior Vice President for Asia Pacific, Andrew Fletcher, in Sydney on May 25th sees the companies as an excellent fit.
The concept of the alliance developed out of Halliburton's long participation in Papua, New Guinea as a traditional oilfield service provider through its Energy Services Group (ESG). It now encompasses Halliburton's engineering and construction group (KBR) in a much closer relationship with Oil Search.
The concept of the alliance developed out of Halliburton's long participation in Papua, New Guinea as a traditional oilfield service provider through its Energy Services Group (ESG). It now encompasses Halliburton's engineering and construction group (KBR) in a much closer relationship with Oil Search.
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