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TETRA, Halliburton team to develop, market Neptune completion fluids

TETRA Technologies Inc. and global oilfield service company Halliburton Co. entered into a global joint marketing and development agreement for the sale and distribution of TETRA's CS Neptune completion fluids.

The collaborative agreement also drives further development of other oil and gas drilling and completion fluids based on their respective technologies and resource capabilities, the company said in a July 2 news release.

A governance team composed of technical and commercial members from each side will review proposed customer projects and make key decisions on resources and contributing technology to deliver approved projects.