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.
Atinum Energy Investments retained PetroDivest Advisors for the sale of nonoperated producing properties in Starr and Hidalgo counties, Texas (South Texas Asset) and Reagan County, Texas (Wolfberry Asset).
Navidad Petroleum retained PetroDivest Advisors to market for sale its leasehold and producing assets in Lavaca, Colorado and Wharton counties, Texas.
Grizzly Energy retained PetroDivest Advisors is offering for sale its oil and gas producing properties, leasehold and related assets in the Wind River Basin located in Wyoming.