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NEWS Click on text to read news by category: General | Product | People | Worldwide

Halliburton Launches RangeStar™ Geothermal Well Spacing and Intercept Service

May 18, 2026

Halliburton has launched the RangeStar™ Geothermal Well Spacing and Intercept Service, a part of the family of RangeStar™ magnetic ranging services, a next-generation solution that supports geothermal development through faster, more accurate, and fully integrated well placement. Designed for complex

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Kongsberg Digital, AIQ Enter Collaboration Agreement to Drive AI-powered Optimization for Drilling

May 14, 2026

Kongsberg Digital and AIQ have signed a strategic collaboration agreement to drive AI-powered optimization for drilling operations. The collaboration combines Kongsberg Digital’s industrial and domain knowledge with AIQ’s expertise in developing AI technology to explore the potential co-design and delivery

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Chevron and Halliburton Enable Intelligent Hydraulic Fracturing at Colorado Operations

May 13, 2026

Chevron U.S.A. and Halliburton jointly developed a new process that enables closed-loop, feedback-driven completions in Colorado. This intelligent fracturing process combines automated stage execution with subsurface feedback to optimize delivery of energy into the wellbore without relying on human intervention.

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Pertamina, Halliburton Sign MOU to Accelerate Deployment of Advanced Well Construction

May 12, 2026

Pertamina (Persero), Indonesia’s state-owned integrated energy company, and Halliburton (NYSE: HAL) signed a memorandum of understanding (MOU) to accelerate the deployment of advanced well construction and stimulation technologies in Indonesia. Under this MOU, Pertamina and Halliburton intend to evaluate opportunities

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Ikon Science Acquires roundLAB, Adding Wellbore Survey Management to Its Solutions Portfolio

April 17, 2026

Ikon Science has acquired roundLAB Inc., an independent wellbore positioning and survey management specialist. The acquisition strengthens Ikon Science’s wellbore solutions offering by adding proven survey correction services and algorithms designed to improve wellbore position certainty, reduce collision risk, and

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Chevron’s Delo® TorqForce® MP Approved as First Fluid to Meet Allison’s TES 781™ Specification

April 17, 2026

Chevron said its Delo® TorqForce® MP has been approved by Allison Transmission as the first, and currently only, lubricant to meet the new TES 781™ specification for stationary off-highway applications. TES 781 is Allison’s latest evolution in transmission fluid standards

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ADNOC and SLB Launch Transformative AI-Powered Solution to Boost Upstream Productivity

April 15, 2026

ADNOC and SLB has launched its artificial intelligence (AI)-powered Production System Optimization (AiPSO) platform with initial deployment across eight fields. The launch positions ADNOC as an industry pioneer in implementing AI-driven production system optimization at scale across all fields, enabling

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ST LNG Selects Baker Hughes as Technology Provider for U.S. Offshore LNG Project, Texas

April 10, 2026

Baker Hughes and ST LNG entered into an agreement where Baker Hughes will supply critical gas compression, power generation equipment, and project development support for ST LNG’s proposed liquefied natural gas export terminal offshore of Matagorda, Texas. As part of

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Prinoth Launches Its New Panther T23R Crawler Carrier

April 9, 2026

Prinoth has launced its new flagship Panther T23R the industry’s largest and most technologically advanced rotating crawler carrier. The new model is the first to feature Prinoth’s PowerForce™ undercarriage, a breakthrough design underpinning more than 20 patent applications, delivering unmatched

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Emerson Launches Scalable Industrial Reliability with AI-Driven Asset Performance Management

March 12, 2026

Emerson has launched the next evolution of its AspenTech Asset Performance Management (APM) portfolio. The latest release of Aspen Mtell® provides a pathway for companies to drive immediate value and seamlessly scale from foundational asset health monitoring to best-in-class, AI-enabled

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