On October 7, Gazprom International, the specialized operating company for PJSC Gazprom upstream projects outside the Russian Federation, and Halliburton, one of the world's largest providers of products and services to the energy industry, signed a Memorandum of Understanding during the ongoing 6th International Gas Forum in St. Petersburg. The Memorandum lays the foundation for cooperation in the realization of Gazprom’s hydrocarbon prospecting, exploration and development projects outside the Russian Federation.
The Memorandum of Understanding was signed on behalf of the company by Andrey Fick, Managing Director of Gazprom International, and Konstantin Schilin, vice president of Russian Operations for Halliburton.
The Memorandum expresses the parties’ willingness to cooperate in the identification of new business opportunities for joint development, as well as to cooperate in the performance and evaluation of infrastructure development projects, among others.
The Memorandum also provides for cooperation in the area of technical support services for projects, project documentation, personnel training, and supply of equipment, technologies, software and consulting services for project execution.
Founded in 1919, Halliburton is one of the world's providers of products and services to the energy industry. With over 50,000 employees and operations in approximately 70 countries, the company serves the upstream oil and gas industry throughout the lifecycle of the reservoir – from locating hydrocarbons and managing geological data, to drilling and formation evaluation, well construction, completion and production optimization.
Visit the company’s website at www.halliburton.com. Connect with Halliburton on Facebook, Twitter, LinkedIn, and YouTube. NEW BALANCE