Halliburton enter collaboration agreement with PETRONAS Suriname’s local assets

Halliburton (HAL) as entered into a Strategic Collaboration Agreement with PETRONAS Suriname Exploration & Production BV and Valaris to support the development of PETRONAS Suriname’s local assets. This effort brings together Halliburton, PETRONAS Suriname, and Valaris early in the development lifecycle to foster close alignment from planning through execution. The collaboration reflects a unified focus on stronger project readiness, improved execution performance, and long-term value creation. “This collaboration reflects PETRONAS Suriname’s confidence in our early engagement approach and the ability to establish execution readiness from the outset,” said Shannon Slocum, chief operating officer, Halliburton. “Our integration of subsurface insight with well construction expertise strengthens alignment throughout the development lifecycle and reinforces consistent, high-quality execution with PETRONAS Suriname and Valaris.”