{"id":983588,"date":"2026-07-22T10:50:39","date_gmt":"2026-07-22T14:50:39","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/kuwait-oil-company-awards-long-term-agreement-to-advance-technology-development-ahmadi-innovation-valley\/"},"modified":"2026-07-22T10:50:39","modified_gmt":"2026-07-22T14:50:39","slug":"kuwait-oil-company-awards-long-term-agreement-to-advance-technology-development-ahmadi-innovation-valley","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/kuwait-oil-company-awards-long-term-agreement-to-advance-technology-development-ahmadi-innovation-valley\/","title":{"rendered":"Kuwait Oil Company Awards Long-Term Agreement to Advance Technology Development Ahmadi Innovation Valley"},"content":{"rendered":"<p>        <!--.bwalignc { text-align: center; list-style-position: inside }body {font:normal small Arial,Helvetica,sans-serif;color:#000;background-color:#fff;padding:24px;margin:0;} a img {border:0;} h3 {font-size:medium;color:#000;margin:0 0 1em 0; text-align:center;}-->  <\/p>\n<p class=\"bwalignc\"><b>Kuwait Oil Company Awards Long-Term Agreement to Advance Technology Development Ahmadi Innovation Valley<\/b><\/p>\n<p>HOUSTON&#8211;(<a href=\"http:\/\/www.businesswire.com\">BUSINESS WIRE<\/a>)&#8211;<br \/>\nKuwait Oil Company (KOC) awarded Halliburton (NYSE: HAL) a multi-year agreement to support the development of the Ahmadi Innovation Valley (AIV), a flagship initiative that advances Kuwait\u2019s energy sector transformation.<\/p>\n<p>\nThe research and development (R&amp;D) center will support KOC to deliver solutions in brownfield, greenfield, and unconventional fields, address higher operational complexity, and build technology designed for Kuwait\u2019s upstream challenges. The center embeds applied research as a permanent capability from concept through prototyping, piloting, and commercialization.<\/p>\n<p>\nThis award builds on the established presence of Halliburton in Kuwait. Halliburton will deploy key technologies to execute a tailored program of projects and engineered solutions. Digital capabilities are central to the program, through the application of data, scientific analysis, and artificial intelligence for the full field lifecycle.<\/p>\n<p>\nThis approach will help KOC make faster decisions with confidence, improve asset performance, and align teams. The projects support KOC asset needs and build in-country capability for long-term growth.<\/p>\n<p>\n\u201cThis award reflects the depth of the long-term collaboration with KOC and the shared focus on advancing technology development in Kuwait\u2019s energy sector,\u201d said Jeff Miller, Halliburton chairman, president, and CEO. \u201cWe collaborate and engineer solutions to maximize asset value for our customers. The upstream R&amp;D center demonstrates this approach in action. We combine global expertise, digital capabilities, and in-country presence to address Kuwait\u2019s unique upstream challenges.\u201d<\/p>\n<p>\nThe AIV program represents a strategic national asset and marks a shift from traditional field services to the co-creation of technology and innovation. It further demonstrates KOC\u2019s vision to make innovation a permanent foundation of Kuwait\u2019s energy sector and positions the center as a platform for applied research and upstream technology development.<\/p>\n<p><b>About Halliburton<\/b><\/p>\n<p>\nHalliburton is one of the world&#8217;s leading providers of products and services to the energy industry. Founded in 1919, we create innovative technologies, products, and services that help our customers maximize their value throughout the life cycle of an asset and advance a sustainable energy future. Visit us at <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.halliburton.com%3Futm_campaign%3Dcorporate%26utm_id%3D7018X000001aqSLQAY%26utm_source%3Dpress_release%26utm_medium%3Dpdf%26utm_content%3Dkoc_0726&amp;esheet=54574580&amp;newsitemid=20260722161722&amp;lan=en-US&amp;anchor=www.halliburton.com&amp;index=1&amp;md5=2bf437369165ae62fd4a43a58d08a9e6\">www.halliburton.com<\/a>; connect with us on <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.linkedin.com%2Fcompany%2Fhalliburton&amp;esheet=54574580&amp;newsitemid=20260722161722&amp;lan=en-US&amp;anchor=LinkedIn&amp;index=2&amp;md5=54e6e0161321b75e016b9f5fe255b42f\">LinkedIn<\/a>, <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.youtube.com%2Fhalliburton&amp;esheet=54574580&amp;newsitemid=20260722161722&amp;lan=en-US&amp;anchor=YouTube&amp;index=3&amp;md5=b2d269b4fa24a064cd710394e709e07e\">YouTube<\/a>, <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.instagram.com%2Fhalliburton&amp;esheet=54574580&amp;newsitemid=20260722161722&amp;lan=en-US&amp;anchor=Instagram&amp;index=4&amp;md5=d6369ba696e9636a6f74cc037aa07e86\">Instagram<\/a>, and <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.facebook.com%2Fpages%2Fhalliburton%2F131833207616&amp;esheet=54574580&amp;newsitemid=20260722161722&amp;lan=en-US&amp;anchor=Facebook&amp;index=5&amp;md5=4e96cbe9d0fd3aca80978e358c2a9094\">Facebook<\/a>.<\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20260722161722r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" style=\"width:0;height:0\" \/><span class=\"bwct31415\" \/><\/p>\n<p id=\"mmgallerylink\"><span id=\"mmgallerylink-phrase\">View source version on businesswire.com: <\/span><span id=\"mmgallerylink-link\"><a href=\"https:\/\/www.businesswire.com\/news\/home\/20260722161722\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20260722161722\/en\/<\/a><\/span><\/p>\n<p><b>For Investors:<br \/>\n<\/b><br \/>David Coleman<br \/>\n<br \/><a rel=\"nofollow\" href=\"mailto:investors@halliburton.com\">investors@halliburton.com<br \/>\n<\/a><br \/>281-871-2688<\/p>\n<p><b>For Media Relations:<br \/>\n<\/b><br \/>Alexandra Franceschi<br \/>\n<br \/><a rel=\"nofollow\" href=\"mailto:pr@halliburton.com\">pr@halliburton.com<br \/>\n<\/a><br \/>281-871-3602<\/p>\n<p><b>KEYWORDS:<\/b> Texas United States Kuwait North America Middle East<\/p>\n<p><b>INDUSTRY KEYWORDS:<\/b> Data Management Other Energy Technology Oil\/Gas Other Technology Energy Software<\/p>\n<p><b>MEDIA:<\/b><\/p>\n<table cellpadding=\"3\" cellspacing=\"3\" \/>\n","protected":false},"excerpt":{"rendered":"<p>Kuwait Oil Company Awards Long-Term Agreement to Advance Technology Development Ahmadi Innovation Valley HOUSTON&#8211;(BUSINESS WIRE)&#8211; Kuwait Oil Company (KOC) awarded Halliburton (NYSE: HAL) a multi-year agreement to support the development of the Ahmadi Innovation Valley (AIV), a flagship initiative that advances Kuwait\u2019s energy sector transformation. The research and development (R&amp;D) center will support KOC to deliver solutions in brownfield, greenfield, and unconventional fields, address higher operational complexity, and build technology designed for Kuwait\u2019s upstream challenges. The center embeds applied research as a permanent capability from concept through prototyping, piloting, and commercialization. This award builds on the established presence of Halliburton in Kuwait. Halliburton will deploy key technologies to execute a tailored program of projects and engineered solutions. Digital capabilities are &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/kuwait-oil-company-awards-long-term-agreement-to-advance-technology-development-ahmadi-innovation-valley\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Kuwait Oil Company Awards Long-Term Agreement to Advance Technology Development Ahmadi Innovation Valley&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-983588","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.1 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Kuwait Oil Company Awards Long-Term Agreement to Advance Technology Development Ahmadi Innovation Valley - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/kuwait-oil-company-awards-long-term-agreement-to-advance-technology-development-ahmadi-innovation-valley\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Kuwait Oil Company Awards Long-Term Agreement to Advance Technology Development Ahmadi Innovation Valley - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Kuwait Oil Company Awards Long-Term Agreement to Advance Technology Development Ahmadi Innovation Valley HOUSTON&#8211;(BUSINESS WIRE)&#8211; Kuwait Oil Company (KOC) awarded Halliburton (NYSE: HAL) a multi-year agreement to support the development of the Ahmadi Innovation Valley (AIV), a flagship initiative that advances Kuwait\u2019s energy sector transformation. The research and development (R&amp;D) center will support KOC to deliver solutions in brownfield, greenfield, and unconventional fields, address higher operational complexity, and build technology designed for Kuwait\u2019s upstream challenges. The center embeds applied research as a permanent capability from concept through prototyping, piloting, and commercialization. This award builds on the established presence of Halliburton in Kuwait. Halliburton will deploy key technologies to execute a tailored program of projects and engineered solutions. 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The research and development (R&amp;D) center will support KOC to deliver solutions in brownfield, greenfield, and unconventional fields, address higher operational complexity, and build technology designed for Kuwait\u2019s upstream challenges. The center embeds applied research as a permanent capability from concept through prototyping, piloting, and commercialization. This award builds on the established presence of Halliburton in Kuwait. Halliburton will deploy key technologies to execute a tailored program of projects and engineered solutions. 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