HAL Contracts

Northern Endurance Partnership Awards Halliburton Contract for Carbon Capture and Storage Monitoring

Published August 05, 2025 at 11:00 AM

HOUSTON--(BUSINESS WIRE)--Halliburton (NYSE: HAL) today announced a contract award to provide completions and downhole monitoring services for the Northern Endurance Partnership (NEP) carbon capture and storage (CCS) system in northeast England’s East Coast Cluster (ECC). Halliburton will manufacture and deliver the majority of the equipment required for this project from its U.K. completion manufacturing facility in Arbroath. For more than 50 years, the center has supported North Sea operation

Related Questions

How does this new CCS-related work compare to Halliburton’s existing renewable and decarbonization initiatives? Will the contract influence Halliburton's stock valuation relative to peers in the oilfield services sector? How will the NEP contract award affect Halliburtion's revenue and earnings guidance? What impact could the UK‑based equipment manufacturing have on the company's margins and supply‑chain costs? Are there any regulatory or policy developments in the UK that could accelerate or impede the NEP CCS system rollout? What is the expected contribution of the CCS monitoring services to Halliburton's order backlog? What is the likelihood that this contract could lead to increased market share in the emerging carbon‑capture services niche? How does the sentiment rating (30) influence market perception of the news compared to typical neutral or bullish releases? Is there any upside potential from future extensions or additional projects within the East Coast Cluster CCS program? How might the announcement affect investor sentiment toward ESG‑focused infrastructure projects?