Offshore Technology · April 2, 2026 (22h ago) · 1 min read

Halliburton buys Sekal from Sumitomo to bolster drilling automation

Analysis

OilCyprus Editorial

Halliburton's acquisition of Sekal from Sumitomo strengthens its position in the drilling automation market. Sekal's technology will likely be integrated into Halliburton's existing drilling solutions, enhancing efficiency and precision in drilling operations.

Key Facts

Halliburton acquired Sekal, a Norwegian technology provider.
Sekal was previously owned by Sumitomo.
The acquisition aims to bolster Halliburton's drilling automation offerings.

Market Impact

This acquisition signals a continued trend towards automation and digitalization within the oil and gas drilling sector. It could lead to increased competition among service companies offering drilling automation solutions and potentially drive further innovation in drilling technologies.

Why This Matters for Cyprus

This acquisition highlights the growing importance of automation in improving drilling efficiency and reducing operational costs for oil and gas companies.

Read on Offshore Technology