Oilfield services giant Halliburton Co. on Wednesday said it was awarded a contract valued at about $122 million by Total SA, Europe’s third-largest oil company.
Under the terms of the three-year contract, Halliburton has agreed to provide drilling and completion fluid solutions in Indonesia. Work is expected to begin in the Mahakam Delta during the first quarter of 2010.
Shares of the company fell 20 cents to $31.55 in afternoon trading. (AP)
