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KOC, Halliburton Sign Offshore Contract

Jul 02, 2019

Kuwait Oil Company (KOC) has signed a KD-181-million ($597 million) contract for offshore drilling with US field services major Halliburton.The integrated offshore drilling services contract is for six high-pressure high-temperature (HPHT) exploration wells on two jack-up rigs in the Arabian Gulf…

Halliburton Sees Offshore Spending Surge

Apr 22, 2019

Oilfield service provider Halliburton Co said on Monday it expects international offshore spending to rise 14 percent in 2019, double the estimates given by sector leader Schlumberger NV for international markets overall.Schlumberger said last…

Halliburton Reports Activity Uptick

Apr 22, 2019

Halliburton Co said on Monday a pricing downturn that has plagued the oilfield services sector was bottoming out, as it reported modestly higher activity levels in North America in the first quarter from a year earlier.Oilfield services providers…

Halliburton Wins Shell Drilling Contract Offshore Brazil

Apr 17, 2019

Services company Halliburton announced Wednesday it has secured an integrated services contract with Royal Dutch Shell for post-salt development and pre-salt exploration in the Campos and Santos Basins offshore Brazil.Under the contract, which includes a three-year term with a two-year extension…

Halliburton Profit Beats on International Demand

Jan 22, 2019

Halliburton Co beat Wall Street estimates for quarterly profit on Tuesday, as higher demand for its oilfield services in international markets offset a slowdown in North America.Clients in North America, Halliburton's biggest market by revenue…

Miller Takes Over as Halliburton Chairman

Jan 02, 2019

Oilfield services provider Halliburton announced that its board of directors has appointed president and chief executive officer Jeff Miller as chairman of the board, effective January 1, 2019, following the retirement of executive chairman Dave Lesar on December 31…

Halliburton Appoints Loeffler CFO

Nov 12, 2018

Halliburton Company said that Lance Loeffler, previously vice president of Investor Relations, has been promoted to Chief Financial Officer.Loeffler will lead the company’s financial functions, including financial planning and analysis, accounting and financial reporting…

Aker BP agrees two drilling and wells alliances

Nov 21, 2017

Norwegian oil firm Aker BP (Aker BP) has agreed two drilling and well alliance agreements for its assets in the Norwegian sector. One is with Maersk Drilling and Halliburton for use of jackups, and one is with Odfjell Drilling and Halliburton for semisubmersibles…

Nigeria’s first oil, gas training center opens

Nov 09, 2017

Halliburton announced today (9 November) that it worked with the Akwa Ibom state government to inaugurate and open Nigeria’s first oil and gas training center fully-equipped with oilfield operations tools. The Akwa Ibom Oil and Gas Training…

Halliburton debuts Marine Sentry 3000

Oct 25, 2017

Oilfield services provider Halliburton announced today (25 October) the release of the Marine Sentry 3000, a rotating control device that provides a pressure control solution by creating a seal around the drill string and tool joints for…

Halliburton elects new CEO

May 17, 2017

Houston-based oilfield services provider Halliburton has selected its current president, Jeff Miller, to succeed CEO Dave Lesar, effective 1 June 2017. Miller will serve as both president and CEO. Image of Miller…

Petrobras, Halliburton ink technology pact

Jan 11, 2017

Oil services giant Halliburton and Brazil’s Petrobras have signed a technology cooperation agreement that will advance collaboration in a diverse set of projects targeting complex reservoirs such as deepwater pre-salt and mature fields, offshore Brazil…

Halliburton reappoints McCollum as CFO

Jul 07, 2016

Halliburton announced Mark McCollum will resume his role as executive vice president and chief financial officer effective immediately. McCollum will continue reporting to Dave Lesar, chairman and CEO of Halliburton, and will remain a member of the company’s executive committee…

Halliburton, Baker Hughes call off merger

May 02, 2016

Halliburton and Baker Hughes have terminated their proposed US$34.6 billion merger, both companies announced late Sunday, 1 May 2016. According to the terms of the merger proposal, Baker Hughes will receive $3.5 billion for the termination of the agreement…

Halliburton VP appointed new Amec CEO

Apr 27, 2016

Amec Foster Wheeler has appointed Halliburton's senior vice president, Dr. Jonathan (Jon) Lewis, as its new chief executive officer, with effect from 1 June 2016. On the same day Ian McHoul will cease to be interim CEO, and will remain as CFO…

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