Halliburton Stock Gains After Aramco Awards Multi-Year Saudi Gas Contract

Saudi Aramco Awards Halliburton a Multi-Billion Dollar Multi-Year Contract for Jafurah Unconventional Gas Development - Energy News Beat

Riyadh/Dhahran, July 17, 2026 — Saudi Aramco has awarded Halliburton a multi-billion-dollar, multi-year contract for integrated stimulation and completion services supporting unconventional gas development, with a key focus on the massive Jafurah Basin in Saudi Arabia’s Eastern Province. This award underscores Aramco’s aggressive push to scale one of the world’s largest unconventional gas programs outside North America. The contract covers drill…

Halliburton Stock Gains After Aramco Awards Multi-Year Saudi Gas Contract

Halliburton (NYSE: HAL) moved into focus after the oilfield services giant announced it had secured a new multi-year contract from Saudi Aramco to provide integrated stimulation and completion services for unconventional gas development in Saudi Arabia. The agreement forms part of a broader multi-billion-dollar unconventional gas programme and reinforces Halliburton’s position as one of Aramco’s key technology and drilling partners. The latest a…