Pertamina and Halliburton sign MoU to evaluate new well construction and stimulation technologies in Indonesia, including hydraulic fracturing and AI automation. The collaboration aims to boost national energy production and revitalize mature fields with advanced technology and expertise.

Halliburton focuses on operational efficiency and cost management through digital integration, drill bit design, and automation systems like DecisionSpace 365. The company offers project management and remote operation solutions to streamline rig activity and enhance safety measures across project life cycles.

Halliburton’s iStar intelligent drilling platform delivers real-time data streaming and AI capabilities for reservoir evaluation optimization. The company aims to improve stimulation effectiveness and production optimization by integrating global experience with local field operations.

Halliburton launches NEX Lab initiative with Singapore’s Agency for Science, Technology and Research to develop advanced well completion technologies. The S$35m project aims to move early-stage innovations towards field deployment and increase demand for technical specialists in Singapore’s energy sector.

Halliburton reports a 4.2% decrease in net income for Q4 2025, amounting to $589m. The company continues to focus on innovation and collaboration to drive performance, strengthen capabilities, and deliver technology-based solutions to maximize asset value for customers.

Read more at Yahoo Finance: Pertamina, Halliburton to assess new drilling technology in Indonesia