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Halliburton (NYSE: HAL) has entered into a license agreement with Wintershall Dea to use Halliburton Landmark’s new Unified Ensemble Modeling (UEM) solution. This innovative technology integrates static and dynamic data in real time to enhance the accuracy of reservoir models. UEM will first be implemented in Norway’s Maria Offshore Field, facilitating continuous risk assessment and optimization of drilling operations. This approach aims to boost drilling efficiency, reduce costs, and improve safety. The partnership underscores Halliburton's commitment to providing cutting-edge solutions for real-time decision-making in the oil and gas industry.
Halliburton (NYSE: HAL) held its annual shareholder meeting in Houston, Texas, on May 15, 2024. All 12 board nominees were elected, including Abdulaziz F. Al Khayyal and Jeffrey A. Miller. Shareholders ratified KPMG LLP as the principal independent public accountants and approved compensation for executive officers. An amendment to the Stock and Incentive Plan was also passed. CEO Jeff Miller expressed gratitude for shareholder support.
The board declared a Q2 2024 dividend of $0.17 per share, payable June 26, 2024, to shareholders of record on June 5, 2024.
Halliburton, a leading energy industry provider, aims to maximize asset value and foster sustainable energy solutions.