Halliburton
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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?
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“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.
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Halliburton and Baker Hughes see oilfield services sector heading in the right direction this year after a painful 2020.
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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.
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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.
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Is it possible to fracture a well using power off the grid? The answer is yes, but sharp electric engineers are required.
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The two-well stimulation approach is delivering big savings to first adopters. A new report from Rystad highlights how the development is taking shape.
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Sentiments are clearly improving amongst the hard-hit oilfield service companies who all saw revenue grow in the fourth quarter of last year.
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Oilfield services provider Halliburton said that it would set greenhouse-gas emission reduction targets in line with what the latest climate science outlines is necessary to meet the goals of the Paris Accord.
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The oilfield service company said it expects to set emissions-reduction targets by next year to meet the goals of the Paris Accord.