Halliburton

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 …

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 …

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 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 …

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 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 …

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 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 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 …

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 …