Halliburton signs framework agreement for umbilical-less tubing hanger installations

Houston--(business wire)--halliburton (nyse: hal) signed a framework agreement to provide umbilical-less tubing hanger installation and retrieval services using the remote operated control system (rocs) technology to shell. the agreement follows a successful three-well technology phase in the gulf of america that highlights rocs's effectiveness in deepwater environments. "this agreement signals a shift in deepwater operations," said josh sears, senior vice president, halliburton drilling and ev.
HAL Ratings Summary
HAL Quant Ranking