US-based Haliburton has won a Kuwait offshore drilling contract from state-owned upstream operator Kuwait Oil Company (KOC). The KD181.4m ($597m) contract is for Integrated Offshore Drilling Services (IODS) for six high-pressure high-temperature (HPHT) exploration wells on two jack-up rigs in the Gulf. Halliburton will provide and manage drilling, fluids, wireline and perforating, well testing, coring, cementing, coiled tubing and all offshore logistical services.

It will also provide the offshore rigs and supply vessels for the project. The contract includes a 3-year term with a 6-month extension option. Work will begin in mid-2020. The expected start date for the first rig is July 2020 and for the second rig, January 2021.