Halliburton Acquires Sekal AS From Sumitomo Corporation to Accelerate Drilling Automation Services
Halliburton (NYSE:HAL) and Sumitomo Corporation (TYO:8053) today announced that Halliburton acquired Sekal AS ("Sekal"). Sekal is a global leader in digital drilling autonomy and, prior to Halliburton's acquisition, was a fully owned subsidiary of Sumitomo Corporation.
The successful conclusion of the transaction marks a significant milestone for Halliburton, Sekal, and Sumitomo Corporation. Sumitomo Corporation supported Sekal's growth, strengthened governance, and positioned the company for its next phase of evolution. This acquisition advances Halliburton's strategy to strengthen its drilling automation services and maximize customer asset value.
The acquisition combines Halliburton'
