Halliburton Partners with Pertamina to Boost Indonesian Unconventional Fracturing
Event summary
- Halliburton and Pertamina signed an MOU on February 22, 2026, to deploy advanced well construction and stimulation technologies in Indonesia.
- The agreement focuses on multi-stage hydraulic fracturing, acid stimulation, advanced cementing services, and AI-driven automation.
- Pertamina aims to revitalize mature onshore fields to increase national energy production.
- Halliburton seeks to expand its unconventional completions footprint in Indonesia.
The big picture
This partnership aligns with Pertamina’s push to modernize upstream operations amid Indonesia’s energy supply challenges. For Halliburton, it reinforces its strategy of leveraging unconventional expertise in emerging markets, where aging fields require advanced stimulation techniques to extend productivity. The deal underscores the growing role of AI and automation in optimizing energy extraction.
What we're watching
- Execution Risk
- Whether Halliburton can deliver measurable production gains in Pertamina’s mature fields.
- Market Expansion
- The pace at which Halliburton can replicate this model in other Southeast Asian markets.
- Technological Integration
- How effectively AI and automation enhance fracturing performance in Indonesia’s complex reservoirs.