BACK TOCOMPANIES

Halliburton

Osama Abdel HALIM

Area Vice-President, Northern Gulf

HALLIBURTON

Monitoring, analysing and automation: this is the right path for digitalisation.
Read The Full Interview

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.

READ MORE
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.

READ MORE
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…

READ MORE
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.

READ MORE
Halliburton profits beat expectations
NEWS
- October 19, 2016

The second-biggest oil services company in the world released its Q3 results on Wednesday, showing a surprise USD 6 million profit, up from a loss of USD 54 million one…

READ MORE
Interview
India - September 7, 2016

TOGY talks to Kamal Arafeh, country head of Halliburton India, about the state of the country’s oil and gas market in relation to low oil prices, the new small fields…

READ MORE
Interview
Kuwait - September 5, 2016

TOGY talks to Mick Stephen, country manager of Novomet, about starting to work with the Kuwait Oil Company (KOC), the new opportunities for services with the increase…

READ MORE
Baker Hughes joins Halliburton in red
NEWS
- July 28, 2016

Baker Hughes, the would-be partner of Halliburton in the much-publicised oilfield services tie-up that floundered in May, joined the company in the red on Thursday, as…

READ MORE
Halliburton posts Q2 loss
NEWS
USA - July 20, 2016

Oilfield services giant Halliburton posted a second quarter loss of USD 3.21 billion on Thursday, with the failed merger with Baker Hughes weighing on the company’s…

READ MORE
Interview
India - June 23, 2016

Prabhakar Shankar, country manager for ITS India, talks to TOGY about changes in the local services sector and operations being carried out by major hydrocarbons…

READ MORE
Halliburton loss widens
NEWS
USA - May 03, 2016

Halliburton reported quarterly losses of USD 2.4 billion on Tuesday, a sharp increase from the company’s USD 643 million in losses over the same period one year…

READ MORE
Oilfield services duo call off merger
NEWS
- May 02, 2016

Halliburton and Baker Hughes have called off their merger amid persistent antitrust concerns on both sides of the Atlantic. Announced on Sunday, the decision will see…

READ MORE