Category: Markets
Published: 2026-07-16T11:59:44.000Z
Halliburton (NYSE: HAL) has been awarded multi-year lump sum turnkey (LSTK) contracts by Aramco to deliver integrated well services for approximately 285 planned onshore wells in Saudi Arabia. The contracts have a three-year base term with options for two additional years, expanding Halliburton's role in Aramco's oil re-entry program. This agreement enhances Halliburton's position for future growth in the region, leveraging its drilling technology and integrated execution model to optimize efficiency and reduce costs.
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