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Halliburton

Osama Abdel HALIM

Area Vice-President, Northern Gulf

HALLIBURTON

Monitoring, analysing and automation: this is the right path for digitalisation.
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Halliburton In Figures

2023 revenue: USD 23.0 billion

2023 operating income: Around USD 4.1 billion

Halliburton is one of the world’s largest providers of products and services to the energy industry. The NYSE-listed company operates under two divisions: completion and production, and drilling and evaluation.

The completion and production division comprises the following product and service lines:

  • Artificial lift and intelligent management solutions, including submersible pumps, to maximise recovery during the life of wells
  • Cementing, bonding and casing, and the provision of related equipment
  • Completion tools and downhole services
    Speciality chemicals for completion, production, midstream and downstream operations
  • Pipeline and process services for the construction, commissioning and operation of onshore and offshore sites
  • Product enhancement services to stimulate reservoir production through pressure pumping and chemical processes
  • Production solutions to increase well performance, such as coiled tubing, hydraulic units, pumps and nitrogen

The drilling and evaluation division provides products and services related to the planning, execution and optimisation of wells, and comprises the following lines:

  • Drilling fluid systems, additives and testing equipment to optimise flow performance
  • Drill bits and services, including equipment and tools for drilling and enlarging wells, and for evaluating rock properties
  • Project management services throughout the well lifecycle
  • Software for subsurface insights, well construction and reservoir management
  • Directional and horizontal drilling, measurement-while-drilling, and geological and surface data logging.
  • Testing and subsea tools and services for the acquisition and analysis of reservoir information, as well as for fluid sampling and safety management.
  • Wireline and perforating services for information on formation lithology, rock properties and reservoir fluid properties, as well as cased-hole and slickline services.

Halliburton conducts business worldwide, marketing most of its products and services through its own service and sales organisations. The company’s primary customers are national oil companies, large integrated oil companies and independent operators.

Halliburton News and Interviews

Halliburton wins offshore well intervention work in Brazil
NEWS
Brazil - August 09, 2024

Halliburton has won a Petrobras contract to provide well intervention and plug and abandonment services offshore Brazil.

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KOC: how Kuwait will reach 4 million bopd TEY_post_Ahmad_Jaber_Al_Eidan
Interview
Kuwait - July 24, 2024

Ahmad Jaber Al-Eidan of Kuwait Oil Company talks about the company’s critical role in Kuwait’s oil production expansion.

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Trinidad’s shifting demand for oilfield equipment TEY_post_Marc-SITARAM
Interview
Trinidad and Tobago - May 20, 2024

Marc Sitaram of Bandera Oil Tools talks about the company’s strategic approach to oilfield equipment supply in Trinidad and…

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Halliburton wins Namibia well construction contract
NEWS
Namibia - April 24, 2024

Halliburton has won a deepwater integrated multi-well construction contract in Namibia from Rhino Resources.

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Schlumberger buys downhole tools firm
NEWS
- January 05, 2017

Schlumberger on Thursday announced the acquisition of Peak Well System, an Aberdeen-based manufacturer of downhole tools for well intervention.

In a press release,…

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Interview
Malaysia - January 5, 2017

TOGY talks to Tammi Morytko, Baker Hughes’ vice-president of the Asia Pacific region, about the company’s new strategy to collaborate with local service companies,…

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Interview
Republic of Congo - December 14, 2016

TOGY talks to Graham N. Hibbin, regional director of Reservoir Development Services for Baker Hughes, about the operations of Baker Hughes in Congo, his company’s…

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Interview
Argentina - November 7, 2016

TOGY talks to Jorge Rivera, country manager for Halliburton in Argentina, about how the country’s oilfield services sector has been developing, with a focus on…

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GE, Baker Hughes merge energy businesses
NEWS
- October 31, 2016

GE and Baker Hughes reached a deal to merge GE’s oil and gas arm with Baker Hughes into a new “fullstream digital industrial services company” controlled by GE, a…

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GE, Baker Hughes discuss partnerships
NEWS
- October 28, 2016

GE denied reports that it was seeking to buy Baker Hughes, the world’s third-largest oil and gas services provider, in a statement on Friday, though it said the two…

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Statoil posts loss, cuts costs
NEWS
- October 27, 2016

Statoil announced a surprising loss for a second consecutive quarter on Thursday, a day after its attempts to cut costs came under scrutiny following several recent…

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Baker Hughes posts Q3 loss
NEWS
- October 25, 2016

Oilfield services giant Baker Hughes posted a Q3 loss on Tuesday that was significantly larger than that for Q3 of last year but much smaller than analysts…

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Schlumberger posts profit
NEWS
- October 21, 2016

The world’s biggest oilfield services company announced USD 176 million in profits for Q3 on Thursday, indicating that improved rig activity in North America and…

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