Halliburton awarded multi-year agreement by Kuwait Oil Company
The agreement supports development of the Ahmadi Innovation Valley R&D center to advance Kuwait's energy sector transformation.
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Oilfield services and energy technology provider
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In short: Halliburton reported Q2 2026 revenue of $5.7 billion and secured major contracts in Saudi Arabia, Iraq, and Kuwait amid global growth.
The agreement supports development of the Ahmadi Innovation Valley R&D center to advance Kuwait's energy sector transformation.
Revenue of $5.7 billion, net income of $0.64 per diluted share, and free cash flow of $668 million.
The contract includes field management and engineering for Bin Umar and Sindbad fields in southern Iraq.
The multi-year contracts cover approximately 285 planned wells with integrated drilling, completions, and workovers.
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