Halliburton Wins Well Completion Contract for CCS Project

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(Halliburton, 12.Jun.2023) — Halliburton Company (NYSE: HAL) has been awarded a contract to provide completions, liners, and monitoring products and services for the carbon capture and storage (CCS) system within the HyNet North West project in the Liverpool Bay (U.K.).

The first CCS project commissioned in the U.K, the HyNet project will apply CCS to reduce carbon emissions in the UK by transporting carbon dioxide captured from industry and storing them in depleted reservoirs underneath Liverpool Bay. Halliburton will manufacture and deliver equipment from its U.K. completion manufacturing center in Arbroath.

“Halliburton is excited to develop and deliver innovative well completions and monitoring solutions for this groundbreaking CCS project,” said Jean Marc Lopez, Europe, Eurasia and Sub Saharan African (EESSA) Region vice president. “This project provides a great opportunity to expand our completions activity and showcase Halliburton’s leadership in CCS projects. We look forward to providing our services to support the HyNet project.”

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ENERGY ANALYTICS INSTITUTE (EAI) https://energy-analytics-institute.org

Energy Analytics Institute (EAI), formerly LatinPetroleum.com, is a Houston-established private organization with a satellite presence in Calgary, Mexico City and Venezuela where it operates under Editores LatinPetroleum SA. Since 1999, EAI has been a leader in energy news coverage of Latin America in particular. Coverage, run out of Latin America, now spans the world and encompasses nearly all energy and energy-related sectors.

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