Kuwait Oil Company awards Halliburton multi-year R&D agreement in Kuwait
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Kuwait Oil Company Awards Long-Term Agreement to Advance Technology Development Ahmadi Innovation Valley
July 22, 2026 8:00 AM EDTHOUSTON--(BUSINESS WIRE)-- Kuwait Oil Company (KOC) awarded Halliburton (NYSE: HAL) a multi-year agreement to support the development of the Ahmadi Innovation Valley (AIV), a flagship initiative that advances Kuwaits energy sector transformation.
The research and development (R&D) center will support KOC to deliver solutions in brownfield, greenfield, and unconventional fields, address higher operational complexity, and build technology designed for Kuwaits upstream challenges. The center embeds applied research as a permanent capability from concept through prototyping, piloting, and commercialization.
This award builds on the... More
