Halliburton Co. received a scope expansion from Petroliam Nasional Berhad (Petronas) on July 28 to support their upstream digitalization initiatives and reduce exploration time by increasing collaboration and efficiency. Petronas is the custodian of Malaysia’s oil and gas resources and a Fortune Global 500 energy company with a presence in more than 50 countries.
Halliburton Landmark will deliver DecisionSpace 365, its E&P cloud software that provides an integrated platform to help operators like Petronas achieve their business objectives. DecisionSpace 365 seamlessly connects the operator’s workforce in a cloud environment and leverages machine learning and artificial intelligence for knowledge sharing across the operator’s asset portfolio. By improving collaboration in real-time, operators can make faster decisions to reduce exploration time and cost.
“We look forward to collaborating with Petronas and delivering this digital solution for their exploration activity,” Nagaraj Srinivasan, senior vice president of Landmark and Halliburton Digital Solutions, said. “DecisionSpace 365 enables seamless integration into existing applications and will allow Petronas to quickly put optimized workflows in the hands of its end users.”
The cloud solution will connect all international and domestic operations across the Petronas global portfolio.
Recommended Reading
Pemex’s Dos Bocas Refinery Start-up Unlikely Until Late 2023
2023-06-09 - Pemex’s Dos Bocas refinery production start has been pushed to late 2023 or early 2024, despite efforts supported by President Lopez Obrador to expand Mexico’s downstream refining capacity.
LS Energy, Strata Partner to Deploy Energy Storage System
2023-06-09 - LS Energy Solutions will provide the AiON-ESS Energy Series all-in-one energy storage system, while Strata Clean Energy will operate them for a utility in New England.
Project Canary CEO: ‘Cut the Crap’ on Energy Transition, Fossil Fuels [WATCH]
2023-06-09 - Project Canary CEO talks energy transition, the need for renewables and fossil fuels to coexist and tackling Scope 1, 2 and 3 emissions.
Can LatAm Really Revert Its LNG Import Mentality?
2023-06-09 - The Latin America and Caribbean region has the potential—in theory—to revert its dependency on LNG imports amid rising production and bilateral trade.
Energy Transition in Motion (Week of June 9, 2023):
2023-06-09 - Here is a look at some of this week’s renewable energy news, including a quarterly record for solar installations in the U.S.