Halliburton (HAL) said Sunday it has launched the Next-Generation Energy Xccelerator Lab in Singapore with the Agency for Science, Technology and Research, supported by the Economic Development Board.
The joint lab, worth 35 million Singaporean dollars ($27.5 million), will speed up the development and rollout of advanced well completion technologies, the company said.
The lab brings research, design, prototyping and testing together in one place.