Markets

Halliburton Acquires Sekal From Sumitomo

April 01, 2026 — 08:23 am EDT

Written by RTTNews.com for RTTNews->

(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.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Tags

Markets
RTTNews
Founded in the late 1990s by Andrew Mariathasan in New York, with the goal of covering Wall Street for a new generation of investors, RTTNews has expanded steadily over the years to become a trusted provider of content for a wide array of subjects across several platforms. RTT's Financial Newswire is relied upon by some of the world's largest financial institutions, including banks, brokerages, trading platforms and financial exchanges.
More articles by this source->

Stocks mentioned

HAL
SSUMY

More Related Articles

Info icon

This data feed is not available at this time.

Data is currently not available

  • •

Sign up for the TradeTalks newsletter to receive your weekly dose of trading news, trends and education. Delivered Wednesdays.