
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.