(MENAFN) Saudi Aramco said that it has awarded the US company Halliburton a contract for unconventional gas stimulation services.
According to Aramco's web site on Sunday, the agreement has been formalized to further boost the economics of Saudi Aramco's Unconventional Resources Program.
The contract will expand Aramco's plans to produce and develop unconventional gas to meet domestic needs and provide raw materials for the development of the chemicals sector.
"The new agreement will provide lump sum turnkey stimulation services which include major hydraulic fracturing and well intervention operations," Aramco pointed out.
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