Halliburton Company today announced it signed an eight-year contract with the Norwegian Petroleum Directorate (NPD) to deploy and operate Diskos, the Norwegian national repository of seismic, well, and production data for the oil and gas industry. Halliburton Landmark will deliver Diskos 2.0 using DecisionSpace® 365 cloud services in iEnergy® – the industry’s first E&P hybrid cloud. The cloud native services are Open Subsurface Data Universe™ compliant and provide high quality data, security and governance so users can easily access, visualize, and interpret data from the Norwegian Continental Shelf.
Honeywell (NASDAQ: HON) today announced plans to realign its business segments to three compelling megatrends: automation, the future of aviation, and energy transition. This shift within the company's segments will enable Honeywell to deliver accelerated organic sales growth and inorganic capital deployment, creating greater value for shareholders. The new segmentation will take effect beginning first quarter 2024.
Author Credits: Payel Roy, Dhruv Bhatia
Report ID: 5596
Published Date: Feb 02, 2024
Report Format: PDF, PPT
Frequently Asked Questions (FAQ)
Increasing adoption of advanced drill data management solution on the oil and gas sector are becoming popular and growing emphasis on environmental sustainability & regulatory compliance are the major factors driving the growth of the advanced drill data management solutions market.
The market size of advanced drill data management solutions is anticipated to attain a CAGR of 4% over the forecast period, i.e., 2024-2036.
The major players in the market are Halliburton Company, Honeywell International Inc., National-Oilwell Varco, Inc., Schlumberger Ltd, Infosys Limited, Total SA, Weatherford International Inc., Siemens AG, ABB Ltd., and others.
The conventional segment is anticipated to garner the largest market size by the end of 2036 and display significant growth opportunities.
The market in the North America region is projected to hold the largest market share by the end of 2036 and provide more business opportunities in the future.