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Petrofac Signs Contract for Halliburton DecisionSpace® 365

Retrieved on: 
Thursday, July 15, 2021

Halliburton Company (NYSE: HAL) today announced it signed a contract with Petrofac, an international service provider to the energy industry, to adopt Digital Well Program, a DecisionSpace 365 cloud application to automate drilling, completions, and engineering processes.

Key Points: 
  • Halliburton Company (NYSE: HAL) today announced it signed a contract with Petrofac, an international service provider to the energy industry, to adopt Digital Well Program, a DecisionSpace 365 cloud application to automate drilling, completions, and engineering processes.
  • The three-year contract will enable Petrofac to incorporate artificial intelligence, machine learning, and data science to optimize its well engineering service offering.
  • DecisionSpace365 enables Petrofac to combine well engineering with productivity tools in the cloud to deliver unique value to their customers.
  • We look forward to collaborating with Petrofac to support their digital transformation journey, said Nagaraj Srinivasan, senior vice president of Landmark, Halliburton Digital Solutions and Consulting.

Halliburton Awarded Production Chemicals and Associated Services Contract in Oman

Retrieved on: 
Wednesday, July 14, 2021

Halliburton Company (NYSE: HAL) announced today that it won a contract to provide Production Chemicals and Associated Services for a large IOC in Oman.

Key Points: 
  • Halliburton Company (NYSE: HAL) announced today that it won a contract to provide Production Chemicals and Associated Services for a large IOC in Oman.
  • Under the seven-year contract, Halliburton will supply a full suite of customized products along with specialized services to support the in-field chemical treatments.
  • We are excited to provide our production chemical expertise and management services to help our customer maximize their asset value in Oman, said Miguel Gonzalez, vice president of Halliburton Multi-Chem.
  • Additionally, Halliburton will manufacture key raw materials for the contracts portfolio at the new Halliburton Saudi Chemical Reaction Plant.

Halliburton Labs Selects Four Companies for Clean Energy Accelerator

Retrieved on: 
Thursday, July 1, 2021

Halliburton Labs today announced its second cohort, which joins four companies already participating in its collaborative environment to advance and scale cleaner, affordable energy.

Key Points: 
  • Halliburton Labs today announced its second cohort, which joins four companies already participating in its collaborative environment to advance and scale cleaner, affordable energy.
  • We are excited to support and collaborate with this group of early-stage, clean energy companies as they continue their commercialization journey, said Dale Winger, managing director of Halliburton Labs.
  • We are very excited to join Halliburton Labs cleantech accelerator program and collaborate with their experienced team to advance cleaner, affordable energy, said Sasha Braun Diamont, founder and CEO of Alumina Energy.
  • Halliburton Labs is a collaborative environment where entrepreneurs, academics, investors, and industrial labs join to advance cleaner, affordable energy.

Kuwait Oil Company Selects Halliburton for Digital Transformation Projects

Retrieved on: 
Wednesday, June 16, 2021

Halliburton Company (NYSE: HAL) today announced it received a contract from Kuwait Oil Company (KOC), a world leader in digital transformation, to expand KOCs digital transformation journey by implementing solutions to maximize operational efficiency and increase production.

Key Points: 
  • Halliburton Company (NYSE: HAL) today announced it received a contract from Kuwait Oil Company (KOC), a world leader in digital transformation, to expand KOCs digital transformation journey by implementing solutions to maximize operational efficiency and increase production.
  • The scope applies to all Kuwait fields including West Kuwait, South and East Kuwait, and Heavy Oil, complementing a recently awarded contract for similar services in North Kuwait.
  • Halliburton will collaborate with KOC to accelerate their data-to-decisions cycle by implementing automated work processes and digital twins across KOCs major assets.
  • This award signifies our strong relationship with KOC as we collaborate and innovate across their company-wide digital transformation initiatives, said Nagaraj Srinivasan, senior vice president of Landmark, Halliburton Digital Solutions and Consulting.

Halliburton 2021 Second Quarter Conference Call

Retrieved on: 
Thursday, May 27, 2021

Halliburton Company (NYSE: HAL) will host a conference call on Tuesday, July 20, 2021, to discuss its second quarter 2021 financial results.

Key Points: 
  • Halliburton Company (NYSE: HAL) will host a conference call on Tuesday, July 20, 2021, to discuss its second quarter 2021 financial results.
  • The Company will issue a press release regarding the second quarter 2021 earnings prior to the conference call.
  • The press release will be posted on the Halliburton website at www.halliburton.com .
  • A replay of the conference call will be available on Halliburtons website until July 27, 2021.

Halliburton Annual Meeting of Shareholders and Dividend Declaration

Retrieved on: 
Thursday, May 20, 2021

b"Halliburton Company (NYSE: HAL) announced today that at its annual meeting of shareholders held in Houston, Texas, on May 19, 2021, the shareholders elected all ten nominees to the Company\xe2\x80\x99s board of directors and ratified the selection of KPMG LLP as principal independent public accountants for 2021.

Key Points: 
  • b"Halliburton Company (NYSE: HAL) announced today that at its annual meeting of shareholders held in Houston, Texas, on May 19, 2021, the shareholders elected all ten nominees to the Company\xe2\x80\x99s board of directors and ratified the selection of KPMG LLP as principal independent public accountants for 2021.
  • Halliburton has actively engaged with shareholders, substantially revised its plan in 2019, and received overwhelming 91% shareholder approval of the plan in 2020.
  • Visit the company\xe2\x80\x99s website at www.halliburton.com .
  • Connect with Halliburton on Facebook , Twitter , LinkedIn , Instagram and YouTube .\nView source version on businesswire.com: https://www.businesswire.com/news/home/20210520005662/en/\n"

Halliburton to Provide Petroleum Data Management Platform for Norwegian Petroleum Directorate

Retrieved on: 
Monday, April 12, 2021

b"Halliburton Company (NYSE: HAL) today announced it signed an eight-year contract with the Norwegian Petroleum Directorate (NPD) to deploy and operate Diskos, the Norwegian national repository of seismic, well, and production data for the oil and gas industry.\nHalliburton Landmark will deliver Diskos 2.0 using DecisionSpace\xc2\xae 365 cloud services in iEnergy\xc2\xae \xe2\x80\x93 the industry\xe2\x80\x99s first E&P hybrid cloud.

Key Points: 
  • b"Halliburton Company (NYSE: HAL) today announced it signed an eight-year contract with the Norwegian Petroleum Directorate (NPD) to deploy and operate Diskos, the Norwegian national repository of seismic, well, and production data for the oil and gas industry.\nHalliburton Landmark will deliver Diskos 2.0 using DecisionSpace\xc2\xae 365 cloud services in iEnergy\xc2\xae \xe2\x80\x93 the industry\xe2\x80\x99s first E&P hybrid cloud.
  • The cloud native services are Open Subsurface Data Universe\xe2\x84\xa2 compliant and provide high quality data, security and governance so users can easily access, visualize, and interpret data from the Norwegian Continental Shelf.\nThe open architecture and scalability of the service enables workflows across the repository and operator systems on premise, or in the cloud, to support efficient, effective and agile operations.
  • \xe2\x80\x9cConsistent with Halliburton\xe2\x80\x99s digital strategy, our secure cloud environment, machine learning algorithms, and data science expertise will help operators in the region maximize their asset value.\xe2\x80\x9d\nFounded in 1919, Halliburton is one of the world's largest providers of products and services to the energy industry.
  • Connect with Halliburton on Facebook , Twitter , LinkedIn , Instagram and YouTube .\nView source version on businesswire.com: https://www.businesswire.com/news/home/20210412005016/en/\n"

Halliburton Labs Opens Second Application Round

Retrieved on: 
Monday, March 22, 2021

Halliburton Labs today announced that it has opened the application process for early stage clean energy companies interested in joining its accelerator program.

Key Points: 
  • Halliburton Labs today announced that it has opened the application process for early stage clean energy companies interested in joining its accelerator program.
  • Were excited to identify technology entrepreneurs with ready-to-scale solutions in energy generation, storage, distribution, conservation, and the circular economy, said Dale Winger, managing director, Halliburton Labs.
  • Halliburton Labs will invite selected applicants to pitch for a spot in the program on May 21, 2021, at the Halliburton Labs Finalist Pitch Day.
  • Halliburton Labs is a collaborative environment where entrepreneurs, academics, investors and industrial labs join to advance cleaner, affordable energy.

Halliburton Awards Multimillion Dollar Grant to Malaysian University

Retrieved on: 
Wednesday, March 17, 2021

Halliburton Company (NYSE: HAL) today announced it awarded a multimillion dollar software grant to Universiti Teknologi PETRONAS (UTP) to support the education and development of students pursuing careers in the oil and gas industry.

Key Points: 
  • Halliburton Company (NYSE: HAL) today announced it awarded a multimillion dollar software grant to Universiti Teknologi PETRONAS (UTP) to support the education and development of students pursuing careers in the oil and gas industry.
  • The grant also facilitates the Halliburton Science and Technology for Exploration & Production Solutions (STEPS) program which offers students the opportunity to conduct a research project while receiving industry-relevant training and mentorship.
  • The donation is delivered through Halliburton Landmarks University Grants Program, which contributes renewable software licenses to qualified academic institutions worldwide.
  • "It is a privilege for us to receive this software grant from Halliburton.

Halliburton 2021 First Quarter Conference Call

Retrieved on: 
Wednesday, March 3, 2021

Halliburton Company (NYSE: HAL) will host a conference call on Wednesday, April 21, 2021, to discuss its first quarter 2021 financial results.

Key Points: 
  • Halliburton Company (NYSE: HAL) will host a conference call on Wednesday, April 21, 2021, to discuss its first quarter 2021 financial results.
  • The Company will issue a press release regarding the first quarter 2021 earnings prior to the conference call.
  • The press release will be posted on the Halliburton website at www.halliburton.com .
  • A replay of the conference call will be available on Halliburtons website until April 28, 2021.