Energy service giant Halliburton has recorded a 22% increase in revenue, thanks to high drilling activity around the world.
The US company said yesterday that revenue in the three months to June 30 was £4.7billion. Operating income went up to £773million from £748million in the same period last year, while income before taxes was £711million, up from £704million.
Meanwhile, Aberdeen-based oil field services firm Expro has picked up an £8million contract to provide equipment and services on Xcite Energy’s Bentley field.
The firm will provide equipment and support services on an extended well test on the heavy oil field, 72 miles east of the Shetlands. The contract is through drilling and completions firm ADTI and will be carried out on the Rowan Norway jack-up rig.