Key Takeaways Halliburton signed an MOU with Pertamina to deploy advanced drilling tech in Indonesia.HAL will use multi-stage fracking, acid stimulation and cementing to lift output from mature fields.Partnership adds AI and closed-loop automation to improve efficiency, safety and energy security.Halliburton (HAL) , a major global oil and gas equipment and services company, has formed a new partnership with Pertamina, Indonesia’s state-owned energy company. The two companies signed a memorandum of understan ...

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 the potential a ...