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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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Oilfield services merger faces US suit
NEWS
USA - April 06, 2016

The US Department of Justice on Wednesday filed a lawsuit in a bid to halt the proposed Halliburton-Baker Hughes tie-up, saying the merger “posed a risk to…

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EU delays oilfield services tie-up
NEWS
- March 21, 2016

EU antitrust regulators have halted work on their investigation into the Halliburton takeover of Baker Hughes for a second time, citing the companies’ failure to…

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Fresh round of job cuts at Halliburton
NEWS
USA - February 26, 2016

Oilfield services giant Halliburton will axe some 5,000 jobs over the next few weeks, the company said on Friday. Representing around 8% of its global workforce, the…

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EU commission delays Halliburton merger
NEWS
USA - February 23, 2016

The European Commission has paused its inquiry into the proposed USD 35-billion merger between oilfield services giants Halliburton and Baker Hughes due to a failure to…

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EY reviews oil and gas industry
NEWS
UK - February 09, 2016

Turnover growth for the top 100 global hydrocarbons companies will decline from an estimated 18.6% in 2015 to 5.3% in 2016, according to the UK auditing firm EY’s…

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EU no qualms over Schlumberger deal
NEWS
USA - February 05, 2016

The European Commission approved Schlumberger’s takeover of Cameron International on Friday, saying there were “no competition concerns.”

The EU body cited the…

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Interview
Indonesia - February 3, 2016

Irene Tien, president director of PRA Group, talks to TOGY about the pressure faced by local drilling companies in a low oil price environment. Founded in 2007, local…

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