Market Overview

Halliburton Awarded Shell Offshore Exploration Contract


Named preferred integrated service provider in Brazil

Halliburton Company (NYSE:HAL) today announced the execution of an
integrated services contract with Royal Dutch Shell for post-salt
development and pre-salt exploration in Brazil's Campos and Santos
Basins. Under the contract, which includes a three-year term with a
two-year extension, Halliburton will provide drilling services to drive
greater efficiency by integrating multiple product offerings and

"Our integrated services model is designed to help accelerate new field
development, reduce drilling and completion costs and increase recovery
through the utilization of our innovative technologies and basin
insight," said Anouar Fraija, vice president of Halliburton Brazil. "We
are excited to win this award and collaborate with Shell to deliver
integrated solutions that maximize their asset value."

Halliburton has an established track record in Brazil's pre-salt fields,
which are among the most complex wells ever drilled, and require a broad
scope of technologies and capabilities to achieve economical and
operational success. Halliburton also maintains a technology center in
Rio de Janeiro which serves as a global center of expertise for
deepwater innovation and training. The center's capabilities allow
Halliburton to more quickly translate offshore knowledge into new
technologies that reduce uncertainty and increase efficiency and


Founded in 1919, Halliburton celebrates its 100 years of service as one
of the world's largest providers of products and services to the energy
industry. With 60,000 employees, representing 140 nationalities in more
than 80 countries, the company helps its customers maximize value
throughout the lifecycle of the reservoir — from locating hydrocarbons
and managing geological data, to drilling and formation evaluation, well
construction and completion, and optimizing production throughout the
life of the asset. Visit the company's website at
Connect with Halliburton on Facebook,
and YouTube.

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