Halliburton awarded LSTK contracts by Aramco for 285 onshore wells

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  "signal_type": "news",
  "signal_subtype": "signs_new_client",
  "detected_at": "2026-09-16T00:50:38+00:00",
  "company": {
    "name": "Halliburton",
    "domain": "halliburton.com"
  },
  "data": {
    "url": "https://scanx.trade/stock-market-news/companies/halliburton-awarded-multi-year-lstk-contracts-by-aramco-for-285-wells/45752833",
    "title": "Halliburton awarded LSTK contracts by Aramco for 285 onshore wells - scanx.trade",
    "excerpt": "Halliburton secured multi-year lump sum turnkey contracts from Aramco for approximately 285 wells across multiple onshore fields in Saudi Arabia. The contracts, which have a three-year base term with extension options, cover oil re-entry, drilling, completions, and workovers. This integrated execution model aims to maximize asset value and support Aramco's efficiency goals. *this image is generated using AI for illustrative purposes only. Halliburton was awarded lump sum turnkey (LSTK) contracts by Aramco for multiple onshore fields in the Kingdom of Saudi Arabia, expanding its role in the program through integrated well delivery at scale. The awards cover approximately 285 planned wells, reinforcing the company's ability to support Aramco’s objectives to maintain efficiency in its onshore portfolio. The multi-year contracts encompass a fully integrated execution model, including oil re-entry operations, drilling, completions, and workovers. This approach aims to maximize asset value through operational consistency and timely well delivery. \"These awards mark a significant milestone for Halliburton in the Kingdom and strengthen the Company’s position for future growth under the program,\" said Rami Yassine, president, Eastern Hemisphere, Halliburton. \"The scope reflects the strength of our drilling technology and our proven ability to efficiently execute complex, highly...",
    "summary": "Halliburton has been awarded multi-year lump sum turnkey (LSTK) contracts by Aramco to service approximately 285 onshore wells in Saudi Arabia.",
    "location": "Saudi Arabia",
    "planning": false,
    "image_url": "https://news-images.dhan.co/halliburton-awarded-multi-year-lstk-contracts-by-aramco-for-285-wells.jpg",
    "confidence": 0.95,
    "published_at": "2026-09-16T00:50:38Z",
    "location_data": [
      {
        "region": "Western Asia",
        "country": "Saudi Arabia",
        "continent": "Asia",
        "fuzzy_match": false
      }
    ],
    "article_sentence": "Halliburton was awarded lump sum turnkey (LSTK) contracts by Aramco for multiple onshore fields in the Kingdom of Saudi Arabia, expanding its role in the program through integrated well delivery at scale.",
    "related_company_name": "Aramco",
    "related_company_domain": "aramco.com"
  }
}

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