Halliburton Awarded Bundled Deepwater Well Construction and Completions Contract
September 15, 2026 Halliburton (NYSE: HAL) announced today it secured a bundled well construction and completions contract from Eni for the Cronos ultra-deepwater development in Block 6 of the Cyprus Exclusive Economic Zone. The award strengthens Halliburton’s offshore portfolio in the Eastern Mediterranean and expands the company’s role in the region’s strategic natural gas development. Under the contract, Halliburton will deliver integrated drilling, well construction, automation, and completions services for exploration and development wells. The bundled scope reduces operational interfaces, improves execution certainty, and supports efficient delivery for a multi-year ultra-deepwater development. The scope includes drilling fluids, directional drilling, LOGIX™ automation and remote operations, cementing, surface well testing and coiled tubing. Halliburton will support the efforts through its established infrastructure and regional capabilities in Cyprus, which provide logistical a...