Halliburton has secured multi-year lump sum turnkey (LSTK) contracts from Aramco to support an onshore oil re-entry program across multiple fields in Saudi Arabia, further expanding the company’s integrated well delivery portfolio in the Kingdom.
The award follows Halliburton’s announcement earlier this week of a separate multi-year contract supporting Aramco’s unconventional gas development program, reinforcing the company’s growing role across both conventional and unconventional operations in Saudi Arabia.
Under the latest contracts, Halliburton will deliver an integrated execution model covering approximately 285 planned wells. The scope includes oil re-entry operations, drilling, completions and workovers designed to improve operational efficiency and maximize asset value across Aramco’s onshore portfolio.
“These awards mark a significant milestone for Halliburton in the Kingdom and strengthen the company’s position for future growth under the program,” said Rami Yassine, president, Eastern Hemisphere, Halliburton. “The scope reflects the strength of our drilling technology and our proven ability to efficiently execute complex, highly integrated operations.”
Yassine said the program will leverage Halliburton’s integrated technologies and services to improve drilling and completion efficiency while reducing overall well construction costs.
The contracts carry an initial three-year term with options to extend for up to two additional years. Halliburton said the work will be executed with a focus on safety, quality and operational performance in line with Aramco’s standards.