From version < 9.1 >
edited by Asif Farooqui
on 2023/05/19 18:52
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edited by Wilton Risenhoover
on 2023/06/06 08:22
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9 9  * The company's revenue is generated from the sale of services and products to oil and natural gas companies worldwide.
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102 102  Drilling and Evaluation revenue was $8.7 billion in 2022, an increase of $1.8 billion, or 27%, from 2021. Operating income was $1.3 billion in 2022, an increase of $491 million, or 61%, compared to 2021. These results were primarily related to increased drilling-related services in the Western Hemisphere, Middle East/Asia, West Africa, Egypt, and Eastern Mediterranean, along with higher wireline activity and testing services globally. Project management activity increased in Latin America, India, and Saudi Arabia. Partially offsetting these increases were reduced activity in Russia due to its exit from the country and decreased drilling-related services in Norway.
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108 108  == Geographic Regions ==
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110 110  **North America**
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127 127  Middle East/Asia revenue was $4.8 billion in 2022, a 25% increase compared to 2021. The increase was primarily from improvements across multiple product service lines in Saudi Arabia, Kuwait, India, and United Arab Emirates, higher well construction services in Oman, Indonesia, and Iraq, and additional completion tool sales and cementing activity in Qatar. Partially offsetting these increases were lower stimulation and well intervention services in Oman.
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130 130  == Product And Services ==
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146 146  == Company History ==
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148 148  Erle P. Halliburton, a pioneer in oil-well cementing founded Halliburton in 1919.{{footnote}}https://www.halliburton.com/en/about-us/history{{/footnote}}
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169 169  |2019|Halliburton celebrated 100 years of service.
170 170  |2020|The Company introduced SmartFleet™, the first intelligent automated fracturing system.
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173 173  = References =
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175 175  {{putFootnotes/}}
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