Halliburton news

The company has announced a net loss of US$1.7 billion for 4Q19, compared to a net income for 3Q19 of US$295 million.

Petrofac has been appointed by Maersk to deliver well management services, including project and supply chain management support for shallow water and deepwater wells throughout the duration of the programme.

This will allow Halliburton to collaborate across industries with research and development projects that will advance next-generation technologies

Lease Sale 254, scheduled for March 2020, will be the sixth offshore sale under the 2017 – 2022 Outer Continental Shelf Oil and Gas Leasing Program.

Among the cloud applications released are Scalable Earth Modeling, Full-Scale Asset Simulation, Data Foundation and Real-Time Control – Edge.

Initial engineering work will begin in Perth, Australia, later this year, and then will transfer to Dakar, Senegal in 2020.

The two-year and six month contract will see Halliburton provide drilling and completion services for Petrobras.

The contract is for six high-pressure high-temperature exploration wells on two jack-up rigs in the Arabian Gulf.

Special Task Force for Upstream Oil and Gas Business Activities (SKK Migas) has selected Landmark software technology for end-to-end workflow solutions.

The MOU is designed to support a specialised development programme for Egypt’s middle management and young professional employees.