Regional: Petronas, Halliburton team up to evaluate shale resources

Saturday, February 11 2012 - 02:40 AM WIB

By Alexander Ginting

Malaysian oil, gas firm PETRONAS Carigali Sdn Bhd have signed a Framework Agreement for the evaluation and development of global shale resources with global services company Halliburton.

Halliburton will work with PETRONAS to set up a Shale Technical Centre of Excellence in Kuala Lumpur, Halliburton said in a statement.

Halliburton has experience in all of the active major shale basins. The company is aggressively expanding its global infrastructure to support shale development outside of North America.

Editing by Roffie Kurniawan

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