Halliburton (HAL) Enters Strategic Technology Agreement with Gazprom

May 2, 2012 5:38 PM EDT
Halliburton (NYSE: HAL) has signed a Strategic Cooperation Agreement with Gazprom International for the development and implementation of new oil and gas technologies in global exploration and production projects.

The agreement sets the framework for the ongoing exchange of information related to oil and gas technologies, for technical training to be provided to Gazprom International by Halliburton, and for the deployment of Halliburton technology on Gazprom International projects. The technologies will address areas including tight gas, deepwater, advanced software applications and integrated workflows.


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