Loading…
Magyar Földgáztároló awarded Halliburton's Hungarian branch a three-year contract worth HUF 160 million for TRSSV valves and related well intervention services on CH wells, with the award decided on 5 August 2026 and published on TED on 12 October 2026.
Halliburton announced that Petrobras awarded it multiple contracts for intelligent completions, electric safety valves and stimulation services in Brazil's deepwater fields, with work expected to begin in 2026.
Halliburton sold its Canadian progressing cavity pump business line, Europump, to PCM Artificial Lift Solutions, with Sequeira Partners as exclusive sell-side advisor. The deal, in Alberta, strengthens PCM's presence in Canada.
Halliburton signed a definitive agreement to sell its Dresser Equipment Group, a maker of valves, instruments and industrial equipment, to an investor group led by First Reserve and Odyssey Investment Partners for $1.55 billion in cash and assumed liabilities. Halliburton will keep a five percent equity stake.
Halliburton bought electric submersible pump technology and services provider Summit ESP of Tulsa, Oklahoma, which has more than 500 employees.
Halliburton announced it will acquire Tulsa, Oklahoma-based Summit ESP, which makes pumps for artificial lift in oil and gas wells. Financial terms were not disclosed.
Halliburton filed with Russia's Federal Antimonopoly Service over a potential acquisition of an interest in Novomet Oil Services Holding, an electrical submersible pump maker, possibly up to 100%. No agreement had been reached.
