Halliburton Offshore Wind Initiatives for 2025: Key Projects, Strategies and Partnerships

Halliburton’s Carbon Capture Gambit: From Oilfield Tech to Commercial-Scale CCS Projects

Industry Adoption: A Strategic Pivot from Adjacent Capabilities to Direct Market Engagement

Between 2021 and 2024, Halliburton’s involvement in the carbon capture, utilization, and storage (CCUS) sector was largely indirect, built upon its foundational expertise in oil and gas. The company’s strategy appeared to be one of readiness, leveraging technologies like the EarthStar X resistivity service for subsurface analysis and partnerships with firms like CeraPhi to explore well repurposing. Its Halliburton Labs accelerator program served as a listening post, investing in broad clean energy startups without committing to a specific technology pathway. This period was characterized by the development of transferable capabilities, positioning the company to act should the CCUS market mature. The primary applications were in traditional offshore energy, with the implicit understanding that these skills in drilling, subsea connections, and reservoir management would be critical for future CCUS projects.

The year 2025 marks a distinct inflection point, where potential energy transitioned to kinetic action. Halliburton moved from a position of adjacency to one of direct commercial engagement in the CCUS market. This shift is evidenced by two landmark agreements: a contract to provide completions and downhole monitoring for the Northern Endurance Partnership (NEP), the UK’s first major offshore CCS project, and a Memorandum of Understanding with InCapture for a commercial-scale CCS initiative in Western Australia. This demonstrates a move beyond pilot programs into scalable, long-term service delivery. Further validating this pivot is the launch of purpose-built technology like LOGIX Automated Cementing, which is explicitly designed for CCUS applications. This variety—spanning monitoring services, project collaboration, and specialized products—signals that Halliburton is building a comprehensive CCUS service portfolio, creating new opportunities to secure integrated project management roles in a sector moving rapidly toward mainstream adoption.

Investments: Seeding Innovation for the Energy Transition

Halliburton’s early-stage investments through its accelerator program, Halliburton Labs, indicate a strategic effort to foster innovation across the clean energy landscape. While not focused exclusively on carbon capture, these investments in companies advancing climate and energy solutions provided the firm with crucial insights into emerging technologies and market needs. This foundational work in the 2023 timeframe set the stage for the company’s subsequent, more direct commercial pursuits in the CCUS sector in 2025.

Table: Halliburton Labs Clean Energy Investments

Partnerships: Building a Bridge from Core Competencies to New Frontiers

Halliburton’s partnership strategy reveals a deliberate evolution from strengthening its core offshore oil and gas business to leveraging those very capabilities to win significant roles in the burgeoning carbon capture market. Early collaborations with entities like Vår Energi and Aker BP honed its expertise in complex offshore environments, while the late 2024 move to acquire Optime Subsea signaled a clear intent to dominate the subsea services space. This foundation proved critical for its 2025 success, enabling the company to secure contracts with CCS leaders like the Northern Endurance Partnership and InCapture, thereby translating decades of offshore experience into a tangible commercial advantage in the energy transition.

Table: Halliburton Strategic Partnerships

Geography: Following the Policy to New CCS Hubs

Between 2021 and 2024, Halliburton’s geographic activity was concentrated in traditional offshore oil and gas strongholds. The Norwegian Continental Shelf was a key focus, evidenced by long-term drilling partnerships with Vår Energi and software development with Aker BP. This period also saw expansion into emerging fossil fuel frontiers, such as the well construction contract offshore Namibia. The company’s activities were dictated by exploration and production cycles.

The landscape shifted significantly in 2025. While maintaining its core presence in regions like the North Sea and Brazil, Halliburton’s new clean tech ventures are geographically targeted. The United Kingdom and Australia have emerged as the vanguard for its CCS operations. The contract with the Northern Endurance Partnership plants Halliburton firmly in the UK’s government-backed decarbonization strategy. Simultaneously, the InCapture MoU offshore the Burrup Peninsula positions the company in Australia’s burgeoning CCS sector. This geographic expansion is not random; it directly follows national industrial decarbonization policies and subsidies, telling us that Halliburton’s CCS strategy is closely tied to markets with strong regulatory and financial support, signaling where the technology is becoming commercially viable.

Technology Maturity: From Adaptation to Purpose-Built Solutions

In the 2021–2024 timeframe, Halliburton’s technology story for clean energy was one of adaptation. It commercialized advanced oil and gas technologies like the iCruise Force drilling system and EarthStar X resistivity service, promoting their potential applicability to future clean energy projects. Its clean tech involvement was primarily through the Halliburton Labs accelerator, which supported early-stage, pre-commercial concepts. The technology was mature for its core market, but its use in CCS was largely theoretical or in exploratory phases, such as the CeraPhi agreement for well repurposing.

The year 2025 marks a crucial validation point for Halliburton’s technology strategy, shifting from adaptation to purpose-built commercialization. The most significant signal is the launch of LOGIX Automated Cementing, a technology explicitly marketed for CCUS initiatives. This demonstrates a move from retrofitting O&G tools to developing products for the specific technical challenges of permanent CO₂ storage. Furthermore, securing the Northern Endurance Partnership contract moves its role from speculative to applied, providing commercial-scale monitoring services for a live CCS project. The collaboration with Sekal on automated drilling and the introduction of advanced subsurface mapping tools like EarthStar 3DX, while developed for O&G, are now being deployed in contexts that directly support the de-risking and execution of complex offshore CCS wells. This trend confirms that Halliburton’s technology is not just being piloted but is actively being commercialized and scaled for the CCS market.

SWOT Analysis: Halliburton’s Evolving Position in Carbon Capture

Table: SWOT Analysis of Halliburton in CCS

Forward-Looking Insights: The Path to an Integrated CCS Service Leader

The data from 2025 provides a clear signal: Halliburton is executing a deliberate and focused strategy to become an essential service provider for the global offshore CCS industry. The immediate path forward will likely involve converting the InCapture MoU into a firm contract and expanding its service scope within the Northern Endurance Partnership. Market actors should watch for similar announcements in other regions with strong CCS policy, such as the US Gulf Coast or Northern Europe, where Halliburton can leverage its existing operational footprint and client relationships.

The most critical signal of its long-term commitment will be the continued development and marketing of its CCUS-specific technology portfolio. The acquisition of Optime Subsea in late 2024 was a strategic move to bolster the subsea capabilities crucial for offshore injection and monitoring. We should expect further acquisitions or partnerships that fill gaps in its integrated service chain—from site assessment and well construction to long-term monitoring. While its traditional oil and gas business remains the financial engine, Halliburton’s momentum in CCS is gaining traction, positioning it not just as a participant, but as a potential architect of the service infrastructure for the next generation of decarbonization projects.

Frequently Asked Questions

How has Halliburton’s strategy for carbon capture (CCUS) changed since 2021?
Before 2025, Halliburton’s strategy was indirect, leveraging its existing oil and gas technologies and exploring opportunities through its accelerator program. In 2025, it shifted to direct commercial engagement by securing major contracts for commercial-scale CCS projects, such as the Northern Endurance Partnership in the UK, and developing purpose-built technologies like LOGIX Automated Cementing.

What are the key commercial CCS projects Halliburton is now involved in?
The article highlights two landmark agreements in 2025. First, Halliburton was awarded a contract to provide completions and downhole monitoring for the Northern Endurance Partnership (NEP), the UK’s first major offshore CCS project. Second, it signed a Memorandum of Understanding with InCapture to collaborate on a commercial-scale CCS project offshore Western Australia.

How is Halliburton’s technology evolving to meet the needs of the CCS market?
Initially, Halliburton adapted existing oil and gas technologies for potential CCS use. By 2025, it shifted to developing purpose-built solutions. The most significant example is the launch of LOGIX Automated Cementing, a technology explicitly marketed to address the specific technical challenges of permanent CO₂ storage in CCUS wells.

How does Halliburton’s traditional oil and gas business give it an advantage in the carbon capture sector?
Halliburton’s deep expertise in offshore oil and gas operations—including drilling, subsea connections, subsurface modeling, and reservoir management—is directly transferable to CCS projects. This established competency proved to be a key strength, enabling the company to win major contracts and translate its core skills into a tangible commercial advantage in the energy transition.

Where is Halliburton concentrating its new carbon capture efforts, and why?
Halliburton’s CCS activities in 2025 are geographically concentrated in the United Kingdom and Australia. This focus is strategic, as the company is targeting markets with strong government backing, including industrial decarbonization policies and subsidies, which make large-scale CCS projects commercially viable.

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