Halliburton Company (NYSE:HAL) acquired Sekal AS from Sumitomo Corporation (TSE:8053) on April 1, 2026. This acquisition advances Halliburton?s strategy to strengthen its drilling automation services and maximize customer asset value.
Halliburton Company (NYSE:HAL) completed the acquisition of Sekal AS from Sumitomo Corporation (TSE:8053) on April 1, 2026.
Sumitomo Corp is a Japan-based company engaged in diversified business activities in response to the diverse needs of its customers. The Company operates in nine segments. The Steel segment handles steel pipes and products. The Automotive segment trades vehicles, tires, and related items. The Transportation & Construction Systems segment deals with ships, aircraft, and construction machinery. The Infrastructure & Urban Development segment covers real estate, construction materials, logistics, insurance, and infrastructure. The Media & Digital segment provides digital solutions and telecom infrastructure. The Lifestyle segment includes retail, food, and healthcare business. The Mineral Resources segment engages in development, production, and trading of metals and derivatives. The Chemicals, Electronics & Agriculture segment handles plastics, chemicals, and agrochemicals. The Energy Transformation segment engages in infrastructure business.
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