Halliburton and Sekal Enter Agreement To Deliver Leading Well Construction Automation Solutions
Portfolio Pulse from Benzinga Newsdesk
Halliburton Company (NYSE:HAL) and Sekal AS have entered into an agreement to jointly provide well construction automation solutions. The collaboration will incorporate Halliburton's digitally integrated well construction solutions and Sekal's DrillTronics automation platform. The companies aim to deliver fully automated drilling operations in the long term. The technologies are currently deployed across multiple projects, providing end-to-end solutions that automate well construction services from planning to execution.
November 07, 2023 | 1:46 pm
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Halliburton's partnership with Sekal AS to provide well construction automation solutions could potentially enhance its product offerings and operational efficiency. This could lead to cost savings and risk reduction for its customers, potentially improving Halliburton's competitive position and financial performance.
The partnership with Sekal AS allows Halliburton to integrate its digitally integrated well construction solutions with Sekal's DrillTronics automation platform. This could enhance Halliburton's product offerings and operational efficiency, leading to cost savings and risk reduction for its customers. These factors could potentially improve Halliburton's competitive position and financial performance in the short term.
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