Halliburton news

The company is extending its contracts with Baker Hughes Norge, Halliburton AS and Schlumberger Norge AS for integrated drilling and well services on Equinor-operated fields on the Norwegian continental shelf (NCS).

All three companies have said they will fulfil any existing activity in full compliance with applicable international laws and sanctions.

Halliburton will deploy Energy Stack, its cloud solution that runs on-premise, to manage petrotechnical software applications.

ADNOC Drilling, Weatherford, Halliburton and Schlumberger were the winners of the contracts from ADNOC.

Halliburton has reported an adjusted net income of US$320 million in 4Q21, double that from a year earlier, prompting the oilfield services company to lift its dividend following a rebound in crude and natural gas prices.

Halliburton posted net income attributable to the company of US$236 million, or 26 cents per share, in the 3 months ended 30 September, compared with a loss of US$17 million, or 2 cents per share, last year.

The solution combines Halliburton’s all-electric fracturing spread with VoltaGrid’s power generation system.

The IsoBond cement system will be available globally by the end of 2021.

Halliburton will provide well services on Chariot's planned Anchois gas appraisal well offshore Morocco.

Halliburton will collaborate with Energean to deliver exploration, appraisal, and development wells offshore Israel.