Indonesia’s state-owned oil and gas company, Pertamina, and U.S. oilfield services giant Halliburton, have agreed to cooperate on oilfield recovery efforts. This collaboration was announced by the U.S.-ASEAN Business Council and is part of broader trade and investment deals signed between Indonesia and U.S. firms, totaling over $7 billion. The partnership aims to enhance oil production through advanced recovery techniques.
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Indonesia's Pertamina, Halliburton to cooperate on oilfield recovery-U.S.-ASEAN Business Council
Indonesia’s state-owned oil and gas company, Pertamina, and U.S. oilfield services giant Halliburton, have agreed to cooperate on oilfield recovery efforts. This collaboration was announced by the U.S.-ASEAN Business Council and is part of broader trade and investment deals signed between Indonesia and U.S. firms, totaling over $7 billion. The partnership aims to enhance oil production through advanced recovery techniques.