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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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Interview
Republic of Congo - February 2, 2016

Alirio Recinos, Weatherford’s country manager for the Republic of Congo, talks to TOGY about the effects of the oil price slump and potential for better conditions in…

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Halliburton falls to a loss in Q4
NEWS
USA - January 25, 2016

Halliburton has experienced a Q4 net loss of 54% in its North American operations compared with last year, the US oilfield services company reported on Monday.

The…

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EU probes Halliburton merger
NEWS
Belgium - January 13, 2016

The merger of US petroleum giants Halliburton and Baker Hughes will be subject to an investigation by the European Commission, the executive body of the EU announced on…

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Graeme Taylor
Interview
Angola - December 10, 2015

Change has come for oil and gas operators and services providers in Angola, as the downturn in energy prices is forcing companies to re-evaluate their plans in the…

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Schlumberger announces more job cuts
NEWS
USA - December 02, 2015

Schlumberger announced another round of job cuts for next year adding to more than 10,000 redundancies this year because of falling oil prices.

The estimates for Job…

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Schlumberger-Cameron merger cleared
NEWS
USA - November 18, 2015

US Federal Trade Commission (FTC) approved the $14.8-billion merger between Schlumberger and equipment manufacturer Cameron. The merger will enable Schlumberger, the…

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Halliburton in $7.5-billion bond issue
NEWS
USA - November 06, 2015

Oilfield services giant Halliburton is gearing up to issue $7.5 billion in bonds in order to partly finance its planned acquisition of rival Baker Hughes, the company…

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