Halliburton Expands Digital Capabilities With Acquisition of InformatiQ

MT Newswires Live06-01

Halliburton (HAL) said Monday that it has acquired Norway-based InformatiQ AS, turning a long-standing collaboration into full ownership to expand its cloud-native digital capabilities across subsurface, drilling, well, and logistics workflows.

InformatiQ's SaaS platform, including its geologiQ digital twin and tools, and SAP-integrated logistics will enhance Landmark's asset management offering and broaden its software suite, Halliburton said.

Financial terms were not provided.

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