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Halliburton awarded multibillion-dollar contract by YPF

Halliburton (HAL) announced it was awarded a multibillion-dollar contract by YPF to provide bundled unconventional completions services in the Vaca Muerta, one of the world’s most prolific shale resources outside North America. The award, which resulted from a competitive process, establishes a dedicated, exclusive, and multi-year collaboration. Under the contract, Halliburton will utilize its ZEUS electric fracturing services in its first international deployment. The agreement also includes the OCTIV Auto Frac service, part of the OCTIV digital fracturing services operating environment that delivers consistent onsite execution while pumping.

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