Halliburton announced today the successful completion of three wells in the Deep Water Gulf of Mexico utilizing Halliburton’s Enhanced Single-Trip Multizone (ESTMZ™) FracPac™ System. ESTMZ™ downhole tool system enables the operator to stimulate and gravel pack multiple production zones in a single trip. Designed for use in Dee Water and Ultra-Deep Water offshore completions, the [...]
Halliburton announced today that income from continuing operations for the first quarter of 2013 was $624 million, or $0.67 per diluted share, excluding a $637 million charge, after-tax, or $0.68 per diluted share, to increase a reserve related to the Macondo litigation. Income from continuing operations for the first quarter of 2012 was $826 million, [...]
Halliburton announced today that José C. Grubisich has been named to the company’s board of directors. He will serve on the Audit and the Health, Safety and Environment committees. The appointment was effective March 20, and Grubisich will stand for election at the annual meeting in May with all of the other directors. Since 2012, [...]
Norway’s owner of offshore support vessels Solstad Offshore (SOFF) has entered into contracts for three of the company’s Platform Supply vessels ( PSV) . The total value of the firm part of the contracts is approximately NOK 170 million (USD 29 million). BG Norge, a subsidiary of UK’s gas giant BG Group has chartered “Normand Arctic” [...]
Halliburton opened its newly constructed Completion Technology and Manufacturing Center in Singapore today, significantly expanding the Company’s Completion Tools technology and manufacturing capacity. Completion Tools, a product service line in Halliburton’s Completion and Production division, enables customers to economically and efficiently complete their wells by providing the design, selection and provision of equipment and services [...]
March 18, 2013 | Posted in
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Halliburton has been selected by Statoil to provide multilateral technology (MLT) for two mature fields offshore Norway. The three-year frame agreement includes two optional periods of two years each and has an estimated value of more than $200 million. The new FlexRite® Multibranch Inflow Control (MIC) junction and the FlexRite® Intelligent Completion Interface junction, of [...]
Halliburton announced today that income from continuing operations for the fourth quarter of 2012 was $589 million, or $0.63 per diluted share. This compares to reported income from continuing operations for the third quarter of 2012 of $608 million, or $0.65 per diluted share. Adjusted income from continuing operations for the third quarter of 2012 [...]
UK’s Expro ,an oil and gas well management company, has appointed Jim Renfroe as a Non-Executive Director. A graduate of Harvard’s Advanced Management Program, Renfroe brings a wealth of experience in his 39 years working in oilfield services, including a range of strategic management and executive leadership roles. Prior to joining Expro, Renfroe was a [...]
Halliburton announced that Jeff Miller has been promoted to Executive Vice President and Chief Operating Officer. Reporting to Dave Lesar, Halliburton’s Chairman, President and Chief Executive Officer, Miller will be responsible for the Company’s global operations, as well as business development and marketing. “As we continue to target our energy toward the successful execution of [...]
Halliburton, one of the world’s largest providers of products and services to the energy has through its industry business line, Landmark Software and Services, acquired Petris Technology. Petris Technology is a leading supplier of data-management and integration solutions to the global energy industry. The acquisition positions Halliburton with a unique capability within the upstream oil [...]
August 3, 2012 | Posted in
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