HOUSTON--(BUSINESS WIRE)--Halliburton (NYSE: HAL) today introduced Agile Asset Management (AAM), an artificial intelligence (AI) powered, cloud-based Landmark solution that helps oil and gas companies evaluate development concepts and identify the optimal investment case. AAM connects subsurface, wells, facilities, and economic workflows, allowing teams to compare alternatives against corporate...
Top oilfield services companies are counting on a recovery in Middle East activity after months of disruptions to support growth next year, but rising operating costs and renewed flare-ups are tempering the near-term outlook.
HOUSTON--(BUSINESS WIRE)--Optime, a Halliburton service, completed the first deployment of the Optime Remote Operated Control System (ROCS) service in Brazil, in collaboration with Petrobras. ROCS reduces equipment requirements and streamlines offshore execution through the elimination of traditional control umbilicals during completion operations. Petrobras used the system to install a subsea ...
Halliburton Company (NYSE:HAL, XETRA:HAL), the oilfield services provider, expects revenue to grow at a mid-single-digit rate in 2027 and operating margins to reach about 15%, an improvement of roughly 2 percentage points. Chief executive Jeff Miller said the outlook assumes a flat North American market and does not require a recovery in hydraulic fracturing, the process of extracting oil and g...
The Houston oil-services company posted a third-quarter profit of $417 million, or 50 cents a share, compared with $18 million, or 2 cents a share, a year ago.
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