Halliburton (NYSE: HAL) today announced that it has been awarded a multi-year contract by Aramco to provide integrated stimulation and completion services for unconventional gas development projects in the Kingdom of Saudi Arabia. The agreement is part of a broader multi-billion-dollar initiative supporting one of the world’s largest unconventional gas development programs.
The contract strengthens Halliburton’s long-standing collaboration with Aramco and expands the company’s role in supporting the Kingdom’s unconventional energy development strategy. Through its integrated service model, Halliburton will deliver a comprehensive portfolio of drilling and completion solutions designed to support large-scale development campaigns, improve operational efficiency, increase execution consistency, and enhance overall project performance.
Halliburton has supported Aramco’s unconventional programs across multiple fields in the Kingdom, providing advanced technologies and services tailored to the demands of complex development environments. The company’s expertise in stimulation, completion, and digital solutions will help enable efficient and reliable operations as unconventional activity continues to expand.
“This award highlights our long-standing collaboration with Aramco and builds on more than 80 years of partnership in the Kingdom while advancing unconventional gas development,” said Rami Yassine, president, Eastern Hemisphere, Halliburton. “Beginning in the third quarter of 2026, Halliburton will deploy the Kingdom’s first fully integrated intelligent fracturing platform through OCTIV® Auto Frac and Sensori™ fracturing monitoring services to contribute to asset value for one of the world’s largest unconventional fields.”
As part of the program, Halliburton will introduce intelligent fracturing automation technologies that enable real-time performance optimization and support consistent execution across multi-well development campaigns. These solutions integrate digital capabilities into field operations, helping operators improve decision-making, enhance operational control, and achieve greater reliability throughout the development process.
Development activities in the Jafurah Basin are progressing as Saudi Arabia advances its unconventional gas resources. To support the growing requirements of the program, Halliburton plans to increase investment in local manufacturing capabilities, strengthen its supply chain network, and expand workforce development initiatives within the Kingdom.
These investments are designed to enhance operational capacity, support local economic growth, and ensure Halliburton can continue delivering high-performance solutions as unconventional gas development accelerates.
Founded in 1919, Halliburton is one of the world’s leading providers of products and services to the energy industry. The company develops innovative technologies, products, and services that help customers maximize asset value throughout the life cycle of energy projects while supporting efforts toward a more sustainable energy future.
