Halliburton
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In addition to manufacturing, the facility allows the company to expand its specialty chemicals research and applications for oilfield stimulation and production and better serve the region’s industrial water and process treatment markets.
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The leading oilfield services firms say a multiyear upcycle is driving improved pricing and technology uptake.
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The failure of the Raptor rig to drill its first-ever well offers a short history of the challenges that came with creating the first automated drilling rig.
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The buzz about the future of automated drilling and it becoming reality depends on improvements in downhole data gathering now. Halliburton is working on it.
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The deal represents what will become the second deployment of an all-electric fracturing fleet built by Halliburton and with power supplied by VoltaGrid's microgrid technology.
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E&P independent Energean has awarded Halliburton a contract to provide services for drilling up to five wells offshore Israel in collaboration with Stena Drilling.
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Halliburton and Baker Hughes both forecast moderate growth in their latest quarterly earnings reports.
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Halliburton supplies the sensing and analytics technology, and TechnipFMC provides the necessary connections. The combination, which won a Spotlight on New Technology Award, will be used by ExxonMobil in Guyana.
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Alumina Energy, Ionada, Parasanti, and SurgePower Materials will join the industrial scaling program at Halliburton Labs in Houston.
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While Schlumberger, Halliburton, and Baker Hughes focus their legacy technology and service portfolios on driving up efficiency, driving down cost, and making current sources of energy less carbon intensive, they diverge on their approaches to scaling up development and deployment of breakthrough clean energy technologies.