Halliburton Firm HAL has been awarded a key offshore drilling contract by Petróleo Brasileiro S.A. – Petrobras PBR, marking its largest service contract with the Brazilian power big. The contract, set to begin in 2025, consists of built-in drilling companies throughout a number of offshore fields for the event and exploration of wells for a interval of three years, which can strengthen Halliburton’s presence in Brazil’s pre-salt and post-salt areas.
HAL’s Superior Applied sciences for Environment friendly Efficiency
To optimize drilling operations, Halliburton, presently carrying a Zacks Rank #4 (Promote) will deploy its unique applied sciences like iCruise® clever rotary steerable system for correct nicely placement and discount of nicely time; LOGIX™ automation platform to enhance consistency and efficiency in nicely development; and EarthStar® ultra-deep resistivity service for positioning manufacturing boreholes. Moreover, the corporate will deploy BaraLogix® real-time service that may mitigate drilling fluid challenges by way of predictive analytics.
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Buyers within the energy sector may take a look at some top-ranked shares like SM Vitality Firm SM and Sunoco LP SUN.
Denver, CO-based SM Vitality Firm is an unbiased oil and gasoline firm engaged within the exploration, exploitation, growth, acquisition and manufacturing of pure gasoline and crude oil in North America. The Zacks Consensus Estimate for SM’s 2024 earnings signifies 15.11% year-over-year development.
Dallas, TX-based Sunoco LP is a grasp restricted partnership that offers with distribution of motor gasoline to roughly 10,000 clients that embrace unbiased sellers, business clients, comfort shops in addition to distributors. The Zacks Consensus Estimate for SUN’s 2024 earnings signifies 184.11% year-over-year development.
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Halliburton Company (HAL) : Free Stock Analysis Report
Petroleo Brasileiro S.A.- Petrobras (PBR) : Free Stock Analysis Report
Sunoco LP (SUN) : Free Stock Analysis Report
SM Energy Company (SM) : Free Stock Analysis Report
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