Halliburton | Egypt Oil & Gas

Egypt Holds Talks with Global Energy Firms on Oil, Gas Development

Egyptian Minister of Petroleum and Mineral Resources Karim Badawi has held talks with executives from Eni, bp, Baker Hughes, Halliburton and United Energy Group (UEG) on accelerating oil and gas field development, boo...

Bapetco Prepares Egypt’s Largest Multistage Fracturing Operation at Obaiyed Gas Well

Badr El Din Petroleum (Bapetco) is preparing to carry out Egypt’s largest multistage hydraulic fracturing operation at the Obaiyed H18 horizontal gas well in the Western Desert, aiming to revive production from a well...

Halliburton Reports $501 Mn Adjusted Profit in Q3 2026

Halliburton reported adjusted net income of $501 mn in the third quarter (Q3) of 2026, up from $461 mn in the previous quarter, as stronger activity in the Middle East and Latin America helped offset declines in North...

Halliburton Signs MoUs for Developing Energy Sector in Venezuela

Halliburton, one of the leading oil and gas service companies in the US, has signed memoranda of understanding (MOUs) with Brazil’s Eneva and Venezuela’s WESCA to support energy development opportunities in Venezuela....

Halliburton Q2 2026 Profit Rises on Global Growth, New Contracts

In the second quarter (Q2) of 2026, Halliburton posted net income of $534 million, up from $461 million last quarter. This growth was driven by a 5.5% sequential increase in revenue to $5.7 billion, an operating margi...

Iraq’s BOC, Halliburton Sign 5-Year Deal to Develop Bin Omar, Sindbad Fields

Iraq’s Oil Ministry announced that its main state-owned operator in the southern region, Basra Oil Company (BOC), has signed a five-year integrated management contract with US – based Halliburton for the develop...

Badawi Attends Hydraulic Fracturing Job at Bapetco BED‑15 Area

A high‑level Egyptian oil and gas delegation led by Petroleum Minister Karim Badawi attended a hydraulic fracturing job carried out by Halliburton in BED‑15 concession, operated by Badr El Din Petroleum Company (BAPET...

Halliburton Introduces Advanced Solution for Complex Reservoirs

Halliburton has launched the Xaminer® Deep Testing logging service, the latest addition to its Reservoir Xaminer™ formation testing portfolio, aimed at enhancing early-stage reservoir evaluation and decision-making, n...

SLB and Baker Hughes Anticipate Production Capacity Expansion to Mitigate Energy Crisis

Leading oilfield services providers SLB and Baker Hughes expect a rise in global spending on oil exploration and production, as supply disruptions linked to the Middle East conflict underscore the need for greater inv...

Halliburton Doubles Net Income to $461 Mn inQ1 2026

Oilfield services giant Halliburton recorded a net income of $461 million, or $0.55 per diluted share, for the first quarter (Q1) of 2026, more than doubling the $204 million reported in Q1 2025, the company announced...

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