HAL - Halliburton wins Kuwait Oil contract for digital transformation projects
anatoliy_gleb/iStock via Getty Images Halliburton (HAL) says it was awarded a contract from Kuwait Oil Company to implement solutions to maximize operational efficiency and increase production at all Kuwait oil fields; financial terms are not disclosed. Halliburton says it "will collaborate with KOC to accelerate their data-to-decisions cycle by implementing automated work processes and digital twins across KOC's major assets." Halliburton shares have trended higher since Schlumberger's CEO said he sees an "exceptional growth cycle" ahead for oil and gas businesses.
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Halliburton wins Kuwait Oil contract for digital transformation projects