U.S. oilfield services firm Halliburton has secured a contract from Petrobras for integrated drilling services across several offshore fields in Brazil.The contract scope includes drilling services for development and exploration wells over a three-year period.The contract, expected to begin in 2025, represents Halliburton’s largest service contract with Petrobras, the company said, without revealing the value of the agreement…
Repsol Resources UK has hired Halliburton under a five-year contract to support the full well lifecycle on its oil and gas assets in the U.K. North Sea.Halliburton will provide subsurface technology, drilling and completion services, and digital solutions for major new developments…
Halliburton Company launched the new EcoStar electric tubing-retrievable safety valve (eTRSV). This second-generation product builds on the success of the industry’s first electric TRSV, which won the OTC Spotlight on New Technology Award in 2017…
Halliburton third-quarter profit missed Wall Street estimate on a previously disclosed cyber hack that forced the oilfield services provider to pause a share repurchase program, executives said on Thursday.The company's shares fell 5.3% to $28…
U.S. oilfield services firm Halliburton said on Tuesday an unauthorized third party had accessed and removed data from its systems, providing details regarding the cyberattack in August first reported by Reuters.The company said it is evaluating the nature and scope of information that was removed…
Top U.S. oilfield services firm Halliburton said on Friday it was working with law enforcement to determine the extent of a computer systems breach and was yet to determine if the incident would have a material impact on its business.The $23…
Oilfield services company Halliburton said on Tuesday it expects growth in its international business this year, but North American revenue will likely remain flat due to weak demand for drilling.Oil and gas producers have been acquiring international…
Oilfield services players Halliburton and Oil States Industries have entered into a strategic collaboration that combines their technologies to provide deepwater managed pressure drilling (MPD) solutions.According to Halliburton, MPD provides…
Halliburton reported a 32% rise in third-quarter profit on Tuesday as higher international drilling and equipment demand helped overcome weakness in North America.Oil and gas companies, who rely on service providers for drilling, well construction…
Halliburton Co and Baker Hughes beat analysts' estimates for second-quarter profit on Wednesday on the back of strong demand for oilfield services internationally, even as domestic activity stumbled. While oilfield drilling has seen a resurgence abroad…
Norwegian offshore oil and gas producer Vår Energi said Friday it had entered a long-term strategic partnership with the U.S. oilfield services company Halliburton for drilling services to improve drilling and well performance and enhance value creation…
Oilfield services company Halliburton has launched the Diskos 2.0 National Data Repository (NDR) for the Norwegian Petroleum Directorate. According to Halliburton, Diskos 2.0 stores critical exploration and production data and is vital to drive investments in Norway’s oil and gas industry…
U.S. oilfield services firm Halliburton said Thursday it had recently provided offshore wireline services for Croatian INA Group in the Adriatic Sea. According to Halliburton, the wireline team completed logging operations on four wells, including 17 successful combined runs without any health…
U.S. oilfield services firm Halliburton Co on Tuesday topped Wall Street profit estimates for its fourth quarter and said its shale oil-well fracking equipment remains fully booked with oil prices driving increased drilling. The largest provider…
The Norwegian oil and gas company Aker BP said Thursday it had entered into drilling and wells alliance agreements with offshore drilling firms Noble Corporation, Odfjell Drilling, and oilfield services giant Halliburton. The jack-up rig alliance comprises Noble…
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