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Halliburton and Baker Hughes, world’s second and third largest oilfield services providers, respectively, have entered into a timing agreement with the Antitrust Division of the U.S. Department of Justice (DOJ) to extend the period for the DOJ’s review of Halliburton’s previously announced acquisition of Baker Hughes to the later of November 25, 2015 or 90 […]
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Halliburton closed the acquisition of Boots & Coots, Inc., creating the industry’s premier intervention services and pressure control product service line. The merger combines Halliburton’s coiled tubing and hydraulic workover operations with Boots & Coots’ well intervention services, providing operators with a more comprehensive production services portfolio. Halliburton acquired all of the outstanding stock of […]
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Halliburton, a Houston-based oilfield services company, has unanimously elected Jeff Miller, the company’s president and a board member, to the position of president and CEO. Halliburton said on Wednesday that Dave Lesar, the company’s chairman and CEO since 2000, would continue serving as executive chairman. The leadership changes are effective June 1, 2017. Miller said: […]
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Oilfield services company Halliburton has acquired Summit ESP, a supplier of electric submersible pump (ESP) technology and services. Halliburton said the acquisition of Summit’s artificial lift offerings and “industry-leading customer service” strengthened Halliburton’s artificial lift portfolio for its global customers. “The acquisition of Summit expands Halliburton’s existing artificial lift capabilities and increases our overall leading […]
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Halliburton has successfully executed the first horizontal, multistage hydraulic fracture shale gas completion in Argentina’s Neuquén Basin for Apache. Halliburton provided all major well construction and completion services for the project, resulting in the successful delivery of South America’s first horizontal and deepest shale gas well. As global development of unconventional resources materialize, Halliburton is in […]
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Halliburton has officially opened a new base at Regency Park, South Australia, to service its customers in the state’s growing energy sector.
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Business & Finance, Equipment
Halliburton’s Baroid drilling fluids and waste management service line has received the American Petroleum Institute (API) Specification Q2 Certification – an advanced industry certification standard for oil and natural gas service companies – for its work in the Gulf of Mexico. API Q2 is a new, risk-based quality management system approach that focuses on competency, […]
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Halliburton Company has named Jeff Miller, the company’s president and a board member, to the position of president and CEO.
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U.S. Senator John McCain (R-AZ), Ranking Member of the Senate’s Permanent Subcommittee on Investigations, yesterday wrote to Attorney General Eric Holder on the recent plea agreement reached between the Department of Justice (DOJ) and Halliburton Energy Services Inc. regarding Halliburton’s destruction of evidence relating to the Deepwater Horizon oil spill disaster. Read the full letter […]
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Halliburton Company has announced that its stockholders approved Halliburton’s proposal to issue shares of Halliburton common stock as contemplated by its merger agreement with Baker Hughes Incorporated. In addition, Baker Hughes has announced that its stockholders adopted the merger agreement and thereby approved the proposed combination of the two companies. Each company’s special meeting was […]
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In an effort to accelerate shale gas development, Realm Energy International Corporation has contracted Halliburton’s Consulting and Project Management team to work with Realm Energy to significantly expand the technical evaluation and ranking of the highest-potential shale deposits found in emerging prospective basins globally. Realm Energy and Halliburton’s Consulting and Project Management team began […]
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Business & Finance, Operations & Maintenance
Halliburton has been awarded several contracts by Statoil to provide services for two high-pressure/high-temperature (HP/HT) fields offshore Norway. Halliburton estimates that these significant multiyear awards have the potential to exceed more than $200 million in value. Under these contracts, Halliburton will provide directional drilling, logging-while-drilling, cementing, drilling fluids, and completion equipment and services at the […]
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Halliburton’s CleanWave™ water treatment technology was recognized at the 2011 Offshore Technology Conference (OTC) today as an innovative solution leading the industry into the future. Each year, the OTC recognizes innovative technologies with the Spotlight on New Technology Award. The awards program is designed to showcase the latest and most advanced technologies that are […]
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Halliburton, Apache Corporation and Caterpillar have developed innovative dual-fuel technology capable of safely and efficiently powering the pumping equipment used for fracturing treatments with a mixture of natural gas and diesel. With 12 pumps (24,000 horsepower), this is one of the largest-scale dual-fuel projects ever conducted in the oil and gas industry. G. Steven Farris, […]
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Halliburton, one of the world’s biggest providers of oilfield services, has said Mark McCollum will resume his role as Executive Vice President and Chief Financial Officer “effective immediately.” Mark McCollum will continue reporting to Dave Lesar, Chairman and Chief Executive Officer of Halliburton, and will remain a member of the company’s Executive Committee. To remind, in […]
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Halliburton’s Board of Directors named the members of the Joint Integration Team.
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Halliburton has announced that the United States District Court for the Eastern District of Louisiana ruled that Halliburton was negligent in its conduct related to the April 20, 2010 Macondo well incident in the Gulf of Mexico. The Court allocated 3 percent of the fault to Halliburton with the remaining fault allocated to other parties involved. […]
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US based Halliburton has signed a Strategic Cooperation Agreement with Russia’s Gazprom International for the development and implementation of new oil and gas technologies in global exploration and production projects. The agreement sets the framework for the ongoing exchange of information related to oil and gas technologies, for technical training to be provided to Gazprom […]
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Halliburton Energy Services Inc. (Halliburton) pleaded guilty yesterday to destroying evidence pertaining to the 2010 Deepwater Horizon disaster and was sentenced to the statutory maximum fine, the Justice Department announced. In addition, a criminal information was filed today charging a former Halliburton manager, Anthony Badalamenti, 61, of Katy, Texas, with one count of destruction of […]
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This statement is in response to the findings of the National Commission on the BP Deepwater Horizon Oil Spill and Offshore Drilling contained in its investigation report released to the public on Jan. 11, 2011. Halliburton disagrees with the report’s characterization of the February and April foam stability tests related to the cement pumped on […]
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Halliburton announced that Robb Voyles will become executive vice president and general counsel effective Jan. 1, 2014. He will assume the position from Bert Cornelison, who will retire pursuant to company policy in April 2014. Cornelison will remain with the company until his retirement to assist with the transition of his duties. Cornelison has served […]
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Halliburton said it has signed a Strategic Cooperation Agreement with Gazprom International for the development and implementation of new oil and gas technologies in global exploration and production projects. The agreement sets the framework for the ongoing exchange of information related to oil and gas technologies, for technical training to be provided to Gazprom International […]
