Core Insights - Halliburton has formed a strategic partnership with distributed energy company VoltaGrid to provide efficient and low-emission power solutions for the rapidly growing global data center market [1] - The initial phase of the collaboration will focus on promoting these solutions in the Middle East, addressing the increasing energy demands of data centers while enhancing sustainability and reliability [1] Industry Overview - Data centers, as critical infrastructure supporting cloud computing and artificial intelligence, are driving exponential growth in electricity demand, particularly in the Middle East [1] - Local governments are heavily investing in digital infrastructure, with major projects like the UAE's "Gateway to the Stars" data center, which plans for an initial capacity of 1 gigawatt [1] - The International Energy Agency predicts that global electricity demand from data centers will rise to approximately 945 terawatt-hours by 2030 [1] Company Strategy - Halliburton's entry into distributed power solutions signifies a strategic expansion beyond its traditional oilfield services, aligning with its goal to support global energy transition through technology and collaboration [1] - For VoltaGrid, this partnership will accelerate its international expansion, leveraging Halliburton's global business scale to serve more customers seeking reliable low-carbon energy systems [1]