ConocoPhillips Skandinavia AS (ConocoPhillips) awarded Halliburton (NYSE: HAL) a contract to deliver comprehensive well stimulation services to improve well performance and reservoir productivity. The contract spans five years and includes three optional extension periods.

Under the agreement, Tidewater’s vessel, North Pomor, will be transformed into an advanced stimulation vessel designed to efficiently deliver offshore well stimulation services in the North Sea. The improvements will include Octiv® digital fracturing services to maximize stimulation equipment performance and operational efficiency.

Mark Dawson, senior vice president, Halliburton Completion and Production division:
"We are pleased to strengthen our longstanding relationship with ConocoPhillips through this important award. This contract win complements our extensive experience in well stimulation and highlights how we execute globally. The combination of our latest technology and our focus on automation and safety is how we maximize value for our customers."

The contract award highlights Halliburton’s leadership in stimulation services and its strategic focus to deliver integrated solutions for complex offshore environments.

About Halliburton

Halliburton is one of the world’s leading providers of products and services to the energy industry. Founded in 1919, we create innovative technologies, products, and services that help our customers maximize their value throughout the life cycle of an asset and advance a sustainable energy future.

About ConocoPhillips

ConocoPhillips (NYSE: COP) is one of the world’s leading exploration and production companies based on both production and reserves, with a globally diversified asset portfolio. Headquartered in Houston, Texas, ConocoPhillips had operations and activities in 14 countries, $123 billion of total assets, and approximately 11,800 employees at Dec. 31, 2024. Production averaged 1,987 MBOED for the twelve months ended Dec. 31, 2024, and proved reserves were 7.8 BBOE as of Dec. 31, 2024.