BAKU, Azerbaijan, July 24
By Leman Zeynalova – Trend:
Europe/Africa/CIS revenue of the US-based Halliburton company in the second quarter of 2021 was $679 million, a 7 percent increase sequentially, resulting from increased activity across multiple product service lines in Russia, Norway, Algeria, and Ghana, Trend reports with reference to the company.
These increases were partially offset by lower software sales across the region and lower activity in Nigeria.
Latin America revenue in the second quarter of 2021 was $534 million, flat sequentially. Increased activity in multiple product service lines in Mexico, higher fluid services in Brazil, as well as additional completion tools sales in Guyana, were offset by reduced stimulation activity in Argentina, Mexico, and Brazil, lower software sales across the region, and decreased project management activity in Mexico and Ecuador.
Middle East/Asia revenue in the second quarter of 2021 was $925 million, a 5 percent increase sequentially, resulting from improved activity in multiple product service lines in Saudi Arabia, higher well intervention services across the region, increased drilling-related services in Oman, higher completion tools sales in Kuwait, higher well construction activity in Australia, and increased pipeline services in China. These improvements were partially offset by lower software sales across the region, lower project management activity in India, and lower activity in Bangladesh.
International revenue in the second quarter of 2021 was $2.1 billion, a 4 percent increase when compared to the first quarter of 2021. This improvement was primarily driven by higher well construction activity, completion tools sales, and well intervention services across all regions. Partially offsetting these increases were lower software sales across all regions and decreased stimulation activity in Latin America.
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