Halliburton

About the Company

Halliburton Company, founded in 1919, is one of the world leading service companies, providing a complete range of modern technologies and services for the oil and gas industry. Halliburton operates in more than 80 countries and employs over 55 thousand people worldwide. The Companies subdivisions provide the services and technological solutions during the whole field lifecycle: starting from exploring the field, reservoir modeling, formation evaluation, well construction, well completion, and production optimization.

Regions

In Russia Halliburton is represented by the branch office of Halliburton International GmbH and provides services for the Russian and Caspian Regions since 1991. For more than 25 years the Company has gained a vast work experience in the different geographical regions of Russia, including Western Siberia, the Komi Republic, Timan-Pechora Province, Sakhalin and Eastern Siberia.

Customers

Today, all major Russian and global petroleum companies are the customers of Halliburton: Gazprom JSC, NC Gazprom Neft JSC, LUKOIL JSC, NC Rosneft JSC, Exxon Mobil, Shell, Total and others. The Company is also actively cooperating with small and medium-sized oil and gas enterprises.

Services

Halliburton offers a wide range of equipment, services and complex solutions for exploration and development drilling. The Company subdivisions provide services and technological solutions during the whole field lifecycle: starting from determination of the field location, reservoir modeling – before the drilling, assessment of formation parameters, construction, well completion, and production optimization.

Contacts

Halliburton in Russia
127018, Moscow
Dvintsev St. 12,
building 1, entrance C,
Dvintsev Business Center,
12 floor

Phone: +7 (495) 755 83 00
Fax: +7 (495) 755 83 01
www.halliburton.com

  • Halliburton Warns of a Crisis in the Oil and Gas Industry of the United States of America April 29, 2025 - The stock prices of oilfield services companies in the United States of America have fallen by approximately 6 percent, according to Reuters. Many participants in the oilfield services sector believe they will not be able to generate profit from new drilling operations if the price of crude oil falls below ...
  • Halliburton’s Net Profit Drops Nearly Threefold in Q1 April 23, 2025 - Halliburton Reports Nearly Threefold Drop in Q1 Net Profit U.S. oilfield services company Halliburton Co. saw its net profit fall nearly threefold in the first quarter of 2025, although its revenue exceeded analysts’ expectations. According to the company’s press release, net income for January–March totaled $204 million, down from $606 ...
  • The Largest Oilfield Services Company in the United States Has Been Subjected to a Cyber Attack August 26, 2024 - The largest oilfield services company in the United States, Halliburton, has been subjected to a cyberattack, its employees are trying to fix the problem, Reuters reports. A representative of the company told the agency that Halliburton is aware of the problem affecting certain systems of the company, is working to ...
  • Equinor Lets Contracts for Raia Drilling Offshore Brazil August 1, 2024 - Norwegian energy company Equinor (35%, operator), on behalf of its partners Repsol Sinopec Brasil (35%) and Petrobras (30%), has won a drilling contract with Valaris, represented by Ensco UK Drilling Limited and Ensco do Brasil Petróleo e Gás LTDA, for the Raia project in Brazil. Drilling at Raia is scheduled ...
  • Halliburton Increased Net Profit by 16% in the Second Quarter August 1, 2024 - American oilfield services company Halliburton Co. increased net profit by 16.2% in the second quarter, which was in line with analysts’ expectations, while revenue grew by only 0.6% and did not meet the forecast. According to the company’s press release, its net profit in April-June amounted to $709 million, or ...
  • American Oilfield Services Company Turns Its Gaze to the Middle East August 1, 2024 - On the eve, the American drilling rig manufacturer Helmerich & Payne announced plans to acquire British competitor KCA Deutag International Ltd., which has enough projects in the Middle East. Helmerich & Payne is not one of the “big four” oilfield services companies, for it the acquisition of a company for ...
  • Halliburton’s Sensori™ Service Simplifies Big Data for Automated Subsurface Fracture Monitoring July 17, 2024 - Halliburton today introduced the Sensori™ fracture monitoring service, a cost-effective fracture monitoring solution for automated, continuous measurement and visualization of the subsurface. The Sensori service combines non-intrusive technologies, automated data acquisition and processing, and real-time subsurface answers into a single solution to empower operators with visibility and control over fracture ...
  • The United States Extended the License for the Big Four Oilfield Services to Provide Some Services in Venezuela May 16, 2024 - The Office of Foreign Assets Control (OFAC) has extended until November 15, 2024 the license for Schlumberger, Halliburton, Baker Hughes and Weatherford to provide some oilfield services in Venezuela, the department said in a statement. The document allows these companies, as well as their subsidiaries, to conduct transactions in the ...
  • Halliburton Launches Innovative Lost Circulation Cementing Solution May 13, 2024 - Today, Halliburton Company added the SentinelCem™ Pro cement system to its lost circulation solutions portfolio. The single-sack packaging enables proactive storage in offshore and remote locations. SentinelCem Pro cement, built upon its predecessor, simplifies mixing operations as it eliminates the need for pre-hydration of the slurry design and access to ...
  • Halliburton Reduced Net Profit in the First Quarter by 7% April 24, 2024 - American oilfield services company Halliburton Co. reduced net profit in the first quarter by 7%, although revenue grew by 2%. As stated in the company’s press release, its net profit in January-March amounted to $606 million compared to $651 million for the same period the previous year. Earnings per share ...
  • Halliburton Launches First-of-its-kind Superfill™ II Diverter April 5, 2024 - Halliburton Company has added the SuperFill™ II diverter to its SuperFill™ surge reduction equipment portfolio. The SuperFill II diverter redirects fluid flow to minimize frictional pressure loss through the length of the landing string, which enhances the benefits of the auto-fill float equipment. The innovative operating glass seat provides an ...
  • Oilfield Services Company Halliburton’s Quarterly Revenue Growth Fell Short of Market Forecasts January 26, 2024 - American oilfield services company Halliburton Co. in 2023, it increased its net profit from 1.7 times, to $2.64 billion, its annual revenue increased by 13%, to $23 billion. In the fourth quarter of 2023, the company increased net profit by 1% and revenue by 3%. The company’s net profit in ...
  • Halliburton Increased Quarterly Net Profit by a Third October 26, 2023 - In the third quarter of 2023, the American oilfield services company Halliburton Co. increased net profit by a third, revenue – by 8%, and profit was slightly better than market expectations, and revenue – slightly worse. The company’s net income in July-September was $716 million, or $0.79 per share, compared ...
  • Halliburton Introduces Groundbreaking Intelevate™ Digital Platform to Optimize ESP Performance September 7, 2023 - Halliburton Company today introduced Intelevate™, a new data science-driven platform that helps operators design, build, and operate end-to-end electrical submersible pump (ESP) monitoring solutions. This application can be customized for specific needs. The Intelevate platform from Summit ESP® – A Halliburton Service – seamlessly integrates historical engineering and performance data with active ...
  • Halliburton Increased Its Net Profit More Than 5 Times in the Second Quarter August 10, 2023 - American oilfield services company Halliburton Co. increased net profit in the 2nd quarter of 2023 by more than 5 times. This is stated in the company’s financial statements. The company’s net profit reached USD 610 million. Per share, the figure is 68 cents compared to 12 cents for the same ...
  • Halliburton Launches Obex EcoLock® Casing Annulus Packer to Help Prevent Sustained Casing Pressure July 25, 2023 - Halliburton Company today introduced Obex EcoLock®, a new compression-set packer that helps prevent sustained casing pressure (SCP). The Obex EcoLock packer serves as a cost-effective mechanical barrier to mitigate low pressure gas or fluid migration and deliver isolation assurance. The Obex EcoLock packer, the newest addition to the Halliburton family ...
  • USA Extends Permission for Oil Companies to Transact with PDVSA June 1, 2023 - The US Treasury has once again extended permission for four US oilfield services companies to operate in Venezuela. The 8L General License allows Halliburton, Schlumberger Limited, Baker Hughes Holdings LLC and Weatherford International to retain Venezuelan assets until November 19 and enter into transactions with the local state-owned company PDVSA ...
  • Halliburton Appoints New Eastern Hemisphere President March 13, 2023 - Halliburton Company today announced that Shannon Slocum, senior vice president, Global Business Development and Marketing, has been promoted to the role of president, Eastern Hemisphere, effective immediately. Joe Rainey, president, Eastern Hemisphere, is retiring and will serve as senior advisor to Chairman, President, and CEO Jeff Miller during the transition. ...
  • Halliburton and Siguler Guff Announce Joint Venture for Emissions Management Software February 28, 2023 - Halliburton Company and Siguler Guff & Company, LP (“Siguler Guff”) today announced the launch of Envana Software Partners, LLC. The new venture provides critical emissions management software-as-a-service (SaaS) solutions to track greenhouse gas emissions in the oil and gas industry and beyond. The Envana™ digital emissions management solution provides a ...
  • Aker BP Enters Into Drilling Agreement with Noble, Halliburton and Odfjell on the Norwegian Continental Shelf January 23, 2023 - Norwegian oil and gas company Aker BP has entered into agreements with offshore drilling contractors Noble Corporation, Odfjell Drilling and Halliburton for drilling operations on the Norwegian Continental Shelf (NCS). This was reported in Aker BP. Back in 2017, the Aker BP Jack-up alliance was created, which included Maersk Drilling ...
  • Halliburton Launches New Reduced Cement Barrier Systems November 2, 2022 - Halliburton Company today introduced the NeoCem™ E+ and EnviraCem™ cement barrier systems as an expansion of their portfolio of high-performance, reduced Portland cement systems. NeoCem E+ cement contains a 50 percent or greater reduction of mass cement while EnviraCem cement contains a 70 percent or greater reduction of mass cement. ...
  • Halliburton Introduces HalVue® For Wireline Data Visualization October 13, 2022 - Halliburton Company today introduced the HalVue® service for real-time wireline data visualization to expand current features on the platform. HalVue is a real-time data monitoring application that gives customers a consistent view of data across operations as it comes in from the rig to help maximize asset value. Halliburton recently ...
  • Halliburton Introduces StrataStar™ Real-Time Multilayer Visualization While Drilling April 12, 2022 - Halliburton Company today introduced StrataStar™, a deep azimuthal resistivity service that provides multilayer visualization to maximize well contact with the reservoir and improve real-time reserves evaluation. The StrataStar service is the latest addition to Halliburton’s iStar™ intelligent drilling and logging platform, which combines deep subsurface insights with artificial intelligence for ...
  • Halliburton: To Suspend Future Russian Business and Wind Down Remaining Operations March 22, 2022 - Halliburton Company announced it will immediately suspended future business in Russia as the Company complies with sanctions that prohibit transactions and work, including for certain state-owned Russian customers. Halliburton will prioritize safety and reliability as we wind down our remaining operations in Russia. Several weeks ago, the Company halted all ...
  • Well Intervention Market Driven by New Oilfield Discoveries and Heavy Investments in Offshore Oil & Gas Assets: Fact.MR Study November 24, 2021 - A recently published report by market research and competitive intelligence provider, reveals that the global well intervention market is projected to grow at a CAGR of 7% during the forecast period (2021-2031), reaching US$ 14 Bn by 2031. Heavy investments in the discovery of new oilfields reserves on the account ...
  • Halliburton Introduces iCruise X™ Intelligent Rotary Steerable Service November 17, 2021 - Delivers precise well placement and reduced well time in harsh drilling environments and extended wells Halliburton Company today released iCruise X™ Intelligent Rotary Steerable System, the next generation of the drilling platform targeted to longer, harsher applications to deliver precise well placement and reduced well time. Halliburton built the tool ...
  • Halliburton: Launches DS365.ai to Enhance Operational Productivity and Efficiency November 4, 2021 - Halliburton Company released DS365.ai cloud service to help customers accelerate their digital transformation with intelligent automation. DS365.ai delivers industry specific artificial intelligence (AI) and machine learning (ML) models to enhance productivity, operational efficiency, and increase asset value. DS365.ai runs on the OSDU™ Data Platform and uses the interoperable and scalable ...
  • Halliburton Introduces iStar™ Intelligent Drilling and Logging Platform October 13, 2021 - Halliburton Company today released the iStar™ Intelligent Drilling and Logging Platform, a comprehensive measurement platform comprising multiple services for greater control of drilling and logging operations. The platform’s digital architecture supports automation, machine learning, and artificial intelligence for reservoir evaluation, faster drilling, and consistent well delivery. The iStar platform acquires ...
  • Halliburton and VoltaGrid Enter Multi-Year Contract with Aethon Energy for Electric Fracturing Solution October 11, 2021 - Halliburton Company and VoltaGrid LLC today announced they entered into a multi-year contract with Aethon Energy to deploy an advanced, all-electric fracturing solution in the Haynesville Shale. The solution combines Halliburton’s all-electric fracturing spread, featuring the Zeus™ 5,000 horsepower electric pumping unit, with VoltaGrid’s power generation system to offer increased reliability and ...
  • Halliburton Launches New Cement System to Reduce Sustained Casing Pressure September 27, 2021 - Halliburton Company today introduced IsoBond™, a cement system that reduces sustained casing pressure (SCP) at its source to deliver a barrier that minimizes fluid loss, shortens transition time, and improves shear bonding. The IsoBond cement system alleviates SCP on all fronts, unlike slurries that are only designed to mitigate against ...
  • Halliburton: Operator Saves Rig Time With Remotely Operated Barrier Valve In HP/HT Environment September 13, 2021 - First eRED® valve utilized in Caspian East Region replaces ball-drop method to set liner hanger TengizChevroil LLP (TCO) approached Halliburton for a solution to set a liner hanger within the lower completion, without the risks associated with pumping a ball to seat through a ~5,249-foot-long (~1600-meter-long) horizontal section of a ...
  • Halliburton Landmark Releases Geosciences Suite Cloud Solution August 13, 2021 - Halliburton Landmark today released the latest version of Geosciences Suite, a DecisionSpace ® 365 cloud solution powered by iEnergy ®, an E&P hybrid cloud. The software combines innovative technology with a tightly integrated, end-to-end suite of workflows to create a complete and connected geoscience solution that enables a subsurface digital twin. This cloud solution can reduce exploration uncertainty ...
  • Halliburton Launches Low Cost, Direct Fracture Monitoring Service July 27, 2021 - Halliburton Company today introduced ExpressFiber™, a single-use fiber optic cable that offers accurate, direct subsurface measurements, including cross-well communication, at a price point that enables fracture monitoring on every well pad. Understanding and optimizing well and fracture interference is a significant challenge that operators face today. ExpressFiber uses distributed acoustic ...
  • Halliburton Announces Second Quarter 2021 Results July 27, 2021 - Halliburton Company announced today net income of $227 million, or $0.26 per diluted share, for the second quarter of 2021. This compares to net income for the first quarter of 2021 of $170 million, or $0.19 per diluted share. Halliburton’s total revenue for the second quarter of 2021 was $3.7 ...
  • Halliburton Labs Selects Four Companies for Clean Energy Accelerator July 2, 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. Alumina Energy, Ionada, Parasanti, and SurgePower Materials will receive access to a broad range of industrial capabilities, technical expertise, and mentorship to scale their respective businesses. ...
  • TGS and Halliburton Collaborate to Advance Seismic Reservoir Monitoring May 18, 2021 - Halliburton Company and TGS-NOPEC Geophysical ASA today announced a collaboration to bring advanced seismic imaging to fiber optic sensing. The alliance will provide operators with advanced insight to determine their reservoir potential for oil and gas production or carbon storage. The Halliburton FiberVSP™ and Odassea™ distributed acoustic sensing solutions will ...
  • Halliburton Introduces New Borehole Imaging Technology April 27, 2021 - Halliburton Company (today announced StrataXaminer™, a new wireline logging service that helps operators acquire more accurate well data to better evaluate production potential. The tool delivers high-resolution images of the reservoir structure to identify bedding, fracture patterns, fault zones and potential flow barriers with increased accuracy. Obtaining high resolution images ...
  • Halliburton Launches Advanced Material Science Completions Technology April 15, 2021 - Halliburton Company today introduced the Ovidius™ expanding isolation system, a new packer that transforms from an engineered metal alloy into a rock-like material when it reacts with downhole fluids, creating a long-lasting seal for improved well integrity. Operators can deploy Ovidius in wellbore isolation applications, where it will provide the ...
  • SPD: Sets a New Drilling Record December 18, 2020 - In November, a new performance level was achieved for “days per 1,000 meters drilled” indicator during construction of one of wells in the South Hub: 2.65 days / 1,000 m, while the target indicator for the current year is 3.85 days / 1,000 m. As a result, a horizontal well was drilled in ...
  • Halliburton: Introduces SmartFleet™ – The First Intelligent Automated Fracturing System October 15, 2020 - SmartFleet™ Intelligent Fracturing System Delivers Real-Time Control While Pumping Halliburton today introduced SmartFleet™, the first intelligent automated fracturing system. SmartFleet, unlike any current fracturing fleet, gives operators real-time fracture control while pumping by integrating subsurface fracture measurements, live 3D visualization, and real-time fracture commands. The SmartFleet system connects to the ...