Halliburton Completes Sale of Russia Operations

Friday, September 9, 2022

Oilfield services firm Halliburton Co said on Thursday it has completed the sale of its Russia operations and no longer operates in the country.

In March, Halliburton suspended its operations in the country in response to U.S. sanctions over Moscow's invasion of Ukraine and said it would wind down its operations in Russia. 

The company's operations were sold to a Russia-based management team made up of former Halliburton employees, the Texas-based company said.

Halliburton becomes the latest oil and gas company to leave Russia following Norwegian energy group Equinor, which exited the country earlier in September.


(Reuters - Reporting by Mrinalika Roy)

Categories: Industry News Activity Energy People & Company News Oilfield Services

Related Stories

Dajin Forms Offshore Wind Alliance with German Port Terminal Operator

Jasmund Substation’s Topside and Jacket Sets Sail to Baltic Sea

Texas LNG Signs 20-Year Offtake Deal with Macquarie

Current News

Dajin Forms Offshore Wind Alliance with German Port Terminal Operator

EnerMech Hires Former SLB Executive to Lead Energy Solutions Division

Eni Expands Asian Footprint with Long-Term LNG Contract in Thailand

Jasmund Substation’s Topside and Jacket Sets Sail to Baltic Sea

Subscribe for OE Digital E‑News