Halliburton Acquires Sekal From Sumitomo
(RTTNews) - Halliburton (HAL) and Sumitomo Corporation (8053.T) announced that Halliburton acquired Sekal AS. Sekal is specialized in digital drilling autonomy and, prior to Halliburton's acquisition, was a fully owned subsidiary of Sumitomo. The company said the acquisition advances its strategy to strengthen drilling automation services and maximize customer asset value.
The acquisition combines Halliburton's LOGIX automation and remote operations with Sekal's advanced DrillTronics automation platform and services to deliver a comprehensive drilling automation portfolio.
In pre-market trading on NYSE, Halliburton shares are down 2.55 percent to $38.00.
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