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Pertamina and Halliburton enter cooperation pact covering integrated hydraulic fracturing services
Pertamina and Halliburton have signed a cooperation agreement to accelerate the application of new technologies in drilling and stimulating wells in Indonesia. This pact focuses on integrated hydraulic fracturing, acid stimulation, and advanced cementing services, aiming to rejuvenate Indonesia’s existing oil and gas reserves and unlock unconventional resource potential. The collaboration highlights Pertamina’s strategic vision to transform its upstream business model, increase domestic oil production, and enhance energy security through technological advancements.