Aramco Awards Halliburton Company Long-Term Contract for Unconventional Gas Program

Aramco awarded Halliburton Company a multi-year contract to deliver integrated stimulation and completion services for unconventional gas development in the Kingdom of Saudi Arabia. This award is part of a broader multi-billion contract, supporting one of the largest unconventional gas development programs globally. Across many of the Kingdom?s unconventional plays, Halliburton Company delivers a comprehensive suite of drilling and completion solutions.

Its integrated service model is designed to support high-intensity development programs and improve operational efficiency, workflow predictability, and execution reliability. Beginning in the third quarter of 2026, Halliburton Company will deploy the Kingdom?s first fully integrated intelligent fracturing platform through OCTIV Auto Frac and Sensori fracturing monitoring services to contribute to asset value for one of the world?s largest unconventional fields. Under the program, Halliburton Company will deploy intelligent automation solutions for fracturing to optimize performance in real time and support disciplined implementation across multi-well campaigns.

These technologies support digital integration across operations while advancing efficiency and operational reliability. Development activities in the Jafurah Basin are underway. To support this effort, Halliburton Company plans to increase its investment in local manufacturing, improve its supply chain, and expand workforce development programs within the Kingdom, aiming to scale operations and sustain high performance as unconventional activity accelerates.