Halliburton

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.

Halliburton and Baker Hughes both forecast moderate growth in their latest quarterly earnings reports.

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.

Alumina Energy, Ionada, Parasanti, and SurgePower Materials will join the industrial scaling program at Halliburton Labs in Houston.

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.

For the entities formerly—and, sometimes, still—known as oilfield service companies, the energy transition presents new business challenges and opportunities. How are they managing?

“What is the drilling state” has become an important question among data scientists and automation experts. The simplest definition of a complicated concept is that it is what the driller is doing at the time.

Halliburton and Baker Hughes see oilfield services sector heading in the right direction this year after a painful 2020.

The service giant and a technology developer from Norway seek to create a broader market for two technologies aimed at lowering topside footprints and improved operational efficiency.

As the saying goes, the future is now. This is certainly the case offshore Norway, which represents one of the industry’s most influential test beds for impactful innovation.