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Apr 15
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M-I SWACO has been awarded a substantial multi services contract inclusive of drilling and completion fluids, drilling waste management, filtration, wellbore clean up tools, vessel cleaning and related services .
This contract is six year (with option for two additional years) and begins June 2010. The revenues is expected to result in approximately $800 million over the life of the agreement.
This contract routinely services 6 to 10 drilling rigs offshore Cabinda, Angola in Blocks 0 (shallow water) and Block 14 (deepwater).
