Halliburton Company reports recurring developments across its oilfield services business, including earnings releases, regional activity in North America and international markets, and customer awards for drilling, completions, stimulation and well construction services. The company’s updates often address hydraulic fracturing, artificial lift, fluids, cementing, completion tools and integrated project execution for energy producers.
Halliburton news also covers digital and automated well construction technologies, including LOGIX, EarthStar, ZEUS electric fracturing, OCTIV digital fracturing services and DrillTronics from Sekal. Other recurring themes include strategic collaborations with operators and research organizations, expansion of unconventional completions work, and Halliburton Labs activity with early-stage energy and climate technology companies.
Halliburton (NYSE: HAL) has been awarded a contract by Basra Oil Company (BOC) to provide Integrated Field Management Services and Engineering, Procurement, and Construction Management for development of the Bin Umar and Sindbad oil and gas fields in southern Iraq. The scope covers field development planning, production optimization, digital solutions, and EPCM.
Halliburton will use its Landmark digital portfolio to connect subsurface insights, well delivery, production operations, and business planning. BOC estimates that, in the first five‑year phase at Bin Umar, oil production could reach about 150,000 barrels per day and 300 million standard cubic feet of associated gas, supporting Iraq’s energy security and reduced gas imports.
Halliburton (NYSE: HAL) has been awarded multi-year lump sum turnkey (LSTK) contracts by Aramco covering approximately 285 planned wells across multiple onshore fields in Saudi Arabia. Halliburton will provide an integrated execution model including oil re-entry operations, drilling, completions, and workovers under a three-year base term with options for up to two additional years.
Halliburton (NYSE: HAL) has received a multi-year contract from Aramco to provide integrated stimulation and completion services for unconventional gas development in Saudi Arabia. The award is part of a broader multi-billion contract supporting one of the world’s largest unconventional gas programs and extends Halliburton’s long-standing work across the Kingdom’s unconventional plays.
Starting in the third quarter of 2026, Halliburton plans to deploy the Kingdom’s first fully integrated intelligent fracturing platform, using OCTIV® Auto Frac and Sensori™ monitoring to enable real-time performance optimization. The company also plans increased investment in local manufacturing, supply chain improvements, and workforce development to scale activity in the Jafurah Basin and other unconventional developments.
Halliburton (NYSE: HAL) has secured major integrated well construction contracts for the GranMorgu deepwater development offshore Suriname, which is operated by TotalEnergies. The long-term agreement covers drilling and completions services and uses a fully integrated, digital and automated execution model connecting planning, engineering and operations.
Halliburton will apply integrated digital workflows, real-time data and remote operations control to improve well placement accuracy, delivery assurance, recovery and total cost of ownership for TotalEnergies. The project includes significant local investments, such as upgrading a liquid mud and cement plant and supporting Suriname’s first state-of-the-art completions and drilling workshop. It also establishes a global alliance between Halliburton, TotalEnergies and Noble, combining electrification, automation and advanced digital workflows for international unconventional fracturing.
Halliburton (NYSE:HAL) reported an industry first by deploying its LOGIX automation and remote operations on a deepwater exploration well with Eni offshore Indonesia. The project delivered closed-loop rig automation integrated with Managed Pressure Drilling (MPD), the first such full-rig deployment in Asia Pacific.
The LOGIX Orchestration service unified drilling, tripping, hydraulics, well placement, and MPD controls into a single automated workflow, improving efficiency by more than 15% while maintaining well control in narrow-margin conditions and strengthening Halliburton’s global drilling automation positioning.
Halliburton (NYSE:HAL) will hold its second quarter 2026 earnings conference call on Tuesday, July 21, 2026, starting at 8:00 a.m. CT (9:00 a.m. ET).
The company will release its Q2 2026 earnings press release before the call, with details and a live webcast available on the Halliburton website. A recorded replay will remain online for seven days.
Halliburton (NYSE: HAL) signed a multi-year agreement with Pampa Energía to support digital transformation of unconventional operations in the Vaca Muerta shale play. The program includes digital orchestration, high-resolution reservoir modeling, logistics optimization, and energy efficiency management to align data governance, automation, and scientific models.
The collaboration aims to increase decision velocity, strengthen team coordination, and maximize asset value while providing a scalable digital foundation for Pampa Energía’s plan to expand production by up to 45,000 barrels per day by 2027.
Greenland Energy (NASDAQ: GLND) provided a mid‑2026 update after its recent Nasdaq listing and business combination. The company raised about $70 million in gross proceeds to fund its East Greenland Jameson Land Basin exploration program.
Key steps include multi‑year drilling and services agreements, operational mobilization, and targeting first onshore wells in October 2026 to earn up to a 70% working interest in the license area, in a basin with cited gross un‑risked prospective resources of ~13.0 billion barrels.
Halliburton (NYSE: HAL) declared a 2026 second quarter dividend of $0.17 per share on its common stock. The dividend is payable on June 24, 2026 to shareholders of record as of the close of business on June 3, 2026.
Halliburton (NYSE: HAL) reported Q1 2026 net income of $461 million ($0.55 diluted EPS) on $5.4 billion revenue and a ~13% operating margin. Cash from operations was $273 million, free cash flow $123 million, and the company repurchased approximately $100 million of stock.
Completion and Production revenue declined 3%, Drilling and Evaluation revenue rose 4%, and international revenue grew 3% led by Latin America (+22%). The company spent $42 million on its SAP S4 migration and paid a $0.17 dividend per share.