Halliburton wins Aramco gas contract
Analysis based on 7 articles · First reported Jul 15, 2026 · Last updated Jul 16, 2026
The contract strengthens Halliburton's position in the Middle East and supports its revenue growth. It also underscores Saudi Aramco's commitment to expanding unconventional gas production, which may boost the energy services sector.
Saudi Aramco awarded Halliburton a multi-year contract to deliver integrated stimulation and completion services for unconventional gas development in Saudi Arabia's Jafurah Basin. The award is part of a broader multi-billion contract supporting one of the largest unconventional gas development programs globally. Beginning in Q3 2026, Halliburton will deploy the Kingdom's first fully integrated intelligent fracturing platform using OCTIV Auto Frac and Sensori services. Halliburton also plans to increase investment in local manufacturing, supply chain, and workforce development in Saudi Arabia.
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