Halliburton BOC Bin Umar Sindbad contract

Halliburton has been awarded a contract by Basra Oil Company (BOC) to provide Integrated Field Management Services (IFMS) and Engineering, Procurement, and Construction Management (EPCM) for the development of the Bin Umar and Sindbad oil and gas fields in southern Iraq. The contract includes field development planning, production optimization, digital solutions, and EPCM services. Halliburton will deploy its Landmark portfolio to create a digital foundation connecting subsurface insights, well delivery, production operations, and business planning. During the first five-year phase, BOC estimates oil production could reach approximately 150,000 barrels per day and associated gas capture of 300 million standard cubic feet per day for domestic supply. BOC retains ownership and operatorship. The project supports Iraq's strategy to strengthen energy security and reduce gas imports. Halliburton also recently secured multi-year lump sum turnkey contracts from Saudi Aramco for work in Saudi Arabia.