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Halliburton joins VoltaGrid to power data centers

  • Märkte: Crude oil, Natural gas
  • 22.10.25

Oilfield services giant Halliburton is joining forces with VoltaGrid to power data centers in international markets, starting with the Middle East.

Halliburton, which owns about 20pc of VoltaGrid, sees distributed power not only as a "critical enabler" to electrify oilfield services but also as an opportunity for growth outside of its traditional business.

"We will combine Halliburton's global reach, design, manufacturing and operational capabilities with VoltaGrid's distributed power expertise," chief executive Jeff Miller said.

Halliburton is joining rivals including SLB, Liberty Energy and Baker Hughes in looking to profit from the surge in power needs of data centers, fueled by the growth of artificial intelligence, as demand for oilfield services slows. SLB said last week that its data center revenue more than doubled in the third quarter from year-earlier levels. Liberty Energy expects its total power generation capacity will increase to more than one gigawatt delivered through 2027.

Last week, VoltaGrid agreed to deploy 2.3GW of capacity to support software maker Oracle's next-generation AI data centers.

Halliburton will bring its global footprint to the partnership, given its operations in 70 countries, and regulatory expertise. Meanwhile, VoltaGrid will contribute its proprietary engineering design and technology.

"The demand for power and for AI is like nothing I've ever seen in terms of demand growth," said Halliburton's chief financial officer Eric Carre. "The rest of the world is a really big opportunity set for the same level of growth."


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