Halliburton awarded Technology Contract in UAE
24 January 2024
Halliburton Company announced the award of Technology contract in UAE, as part of Fourth Quarter 2023 Results.
Halliburton, and AIQ, joined with ADNOC to successfully launch an AI-enabled Autonomous Well Control solution, RoboWell, across the ADNOC’s North East Bab asset in Abu Dhabi, United Arab Emirates.
The project, which is the first ever AI-supported Advanced Process Control solution for gas lifted wells, enables autonomous wells that can self-adjust to maximize production within specified operating conditions.
The RoboWell system utilizes real time data to continuously react to changing oil field dynamics, and to optimize production processes, as well as ensure operation within safety parameters to minimize well instability and reduce the risk of stoppages or other incidents.
Middle East/Asia revenue in the fourth quarter of 2023 was $1.5 billion, an increase of 7% sequentially. This increase was primarily due to improved activity across multiple product service lines in Kuwait, Saudi Arabia, and Oman, and higher completion tool sales in the United Arab Emirates. Partially offsetting these improvements were decreased drilling-related services in Indonesia and lower pressure pumping services in Asia, statement mentioned.
For the latest updates, please join WhatsApp Channel, Google News
Related
-
US agency to do more equity investing in Africa, official says
10 October 2026
-
Dubai picks contractor for Al-Maktoum airport terminal
10 October 2026
-
GEN İlaç (Türkiye) Inaugurates Pharmaceutical Plant in Azerbaijan
9 October 2026
-
2 GW TOYO Solar Module Factory: Expansion Completed in Humble, Texas
9 October 2026
-
Oracle, Broadcom, and SpaceX looking to secure ten of billions in financing to support AI compute purchases – report
9 October 2026
-
Sumitomo to invest in 500MWp renewable energy project in India
9 October 2026


京公网安备
11010802030424号
京ICP备19046776号-2