Halliburton has entered into a Strategic Collaboration Agreement with PETRONAS Suriname Exploration & Production BV and Valaris to support the development of PETRONAS Suriname’s local assets.
This effort brings together Halliburton, PETRONAS Suriname, and Valaris early in the development lifecycle to foster close alignment from planning through execution. The collaboration reflects a unified focus on stronger project readiness, improved execution performance, and long-term value creation.
Shannon Slocum, chief operating officer, Halliburton, said:
“This strategic collaboration combines PETRONAS Suriname’s deep basin expertise, Valaris’ offshore drilling capability, and Halliburton’s technology and execution strengths to maximize the development and long-term value of the Suriname asset. Through early integration, the collaboration links subsurface evaluation and field development planning with digital well construction to provide clear visibility into each stage of the development workflow from concept to execution. This approach supports effective planning, confident decision-making, and consistent, high-quality execution throughout the development lifecycle.”
