-

Halliburton Completes Sale of Russia Operations

HOUSTON--(BUSINESS WIRE)--Halliburton Company (NYSE: HAL) today announced it completed the sale of its Russia operations to a Russia-based management team made up of former Halliburton employees. As a result, Halliburton no longer conducts operations in Russia.

The Russia-based management team now owns and operates Halliburton’s former business and assets in Russia under the name BurService LLC, which is independent from Halliburton.

ABOUT HALLIBURTON

Founded in 1919, Halliburton is one of the world's largest providers of products and services to the energy industry. With approximately 45,000 employees, representing 130 nationalities in more than 70 countries, the company helps its customers maximize value throughout the lifecycle of the reservoir – from locating hydrocarbons and managing geological data, to drilling and formation evaluation, well construction and completion, and optimizing production throughout the life of the asset. Visit the Company’s website at www.halliburton.com. Connect with Halliburton on Facebook, Twitter, LinkedIn, Instagram and YouTube.

Contacts

Investor Relations Contact
David Coleman
investors@halliburton.com
281-871-2688

Press Contact
Brad Leone
pr@halliburton.com
281-871-2601

Industry:

Halliburton Labs

NYSE:HAL
Release Versions
English

Contacts

Investor Relations Contact
David Coleman
investors@halliburton.com
281-871-2688

Press Contact
Brad Leone
pr@halliburton.com
281-871-2601

More News From Halliburton Labs

Pertamina and Halliburton Sign an Integrated Unconventional Fracturing MOU in Indonesia

HOUSTON--(BUSINESS WIRE)--PT Pertamina (Persero), Indonesia’s state-owned integrated energy company, and Halliburton (NYSE: HAL), a global leader in energy services and technology, signed a memorandum of understanding (MOU) to accelerate the deployment of advanced well construction and stimulation technologies in Indonesia. Under this MOU, Pertamina and Halliburton intend to evaluate opportunities for multi-stage hydraulic fracturing, acid stimulation, advanced cementing services, as well as th...

A*STAR and Halliburton Launch NEX Lab℠ to Advance Well Completion Innovation

HOUSTON & SINGAPORE--(BUSINESS WIRE)--Halliburton (NYSE: HAL) and the Agency for Science, Technology and Research (A*STAR), Singapore’s lead public sector research and development (R&D) agency, announced the launch of the Next-Generation Energy Accelerators Joint Lab (NEX Lab℠). This initiative aims to accelerate the development and commercialization of advanced well completion technologies for the energy industry. The project is also supported by the Singapore Economic Development Board (E...

Halliburton Appoints New Western Hemisphere President

HOUSTON--(BUSINESS WIRE)--Halliburton (NYSE: HAL) announced today that Casey Maxwell, senior vice president North America Land, has been promoted to president, Western Hemisphere, effective Feb. 1, 2026. “Casey brings extensive operational and leadership experience and managed our business in the Permian Basin and Argentina,” said Shannon Slocum, executive vice president and chief operating officer. “His deep understanding of our customers and operations positions him well to lead the Western H...
Back to Newsroom