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StockNews.com
StockNews.com
Business
Riddhima Chakraborty

Is Halliburton a Smart Oil & Gas Equipment & Services Stock to Invest In?

Halliburton Company (HAL) is one of the world's largest providers of products and services to the energy industry, functioning across more than 70 countries. The company operates in two segments- Completion and Production; and Drilling and Evaluation.

On May 23, 2022, HAL announced its agreement with Aker BP, a Norwegian oil and gas exploration and production company, to co-develop next-generation field development planning software. The new cloud application, Field Development Planning (FDP), aims to bolster advanced risk management concerning field development-related activities.

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