Halliburton is a well-established American multinational corporation specializing in the provision of products and services to the energy industry. It was founded in 1919 and is headquartered in Houston, Texas. Halliburton began as a small oilfield service provider and has grown into one of the world's largest energy services companies.

It operates in more than 70 countries and has approximately 40,000 employees worldwide. The company divides its operations into two main segments: Completion and Production, and Drilling and Evaluation. Under the Completion and Production segment, Halliburton offers a wide range of services including well completion, stimulation, and intervention.

The company provides technologies and solutions to optimize reservoir performance and enhance production efficiency. These services include cementing, hydraulic fracturing, artificial lift, and well servicing. The Drilling and Evaluation segment focuses on providing solutions for the exploration and production of oil and gas reserves.

These services include drilling fluid systems, drill bits, wireline and perforating services, as well as geological and geophysical interpretation. Halliburton has several noteworthy subsidiaries, joint ventures, and partnerships. It operates joint ventures with companies such as Baker Hughes and TechnipFMC.

Additionally, it has subsidiaries like Boots & Coots, a well control and prevention services provider, and Sperry Drilling, a provider of drilling technologies. In terms of market position, Halliburton is a key player in the global energy services sector. The company has a significant market share and operates in various markets across the globe.

It competes with other industry leaders such as Schlumberger, Baker Hughes, and Weatherford International. Over the years, Halliburton has achieved several major milestones. It has made important advancements in technology, such as the development of advanced drilling techniques and tools.

The company has also focused on expanding its global footprint and strengthening its market presence through strategic acquisitions and partnerships. As of the latest updates, Halliburton continues to navigate the challenges posed by the COVID-19 pandemic and the volatility in the oil and gas industry. The company has implemented various cost-saving measures and adjusted its operations to align with market conditions.

Halliburton remains committed to providing innovative solutions to its customers and maintaining its position as a leading energy services provider