11:55 AM EDT, 07/08/2025 (MT Newswires) -- Halliburton ( HAL ) said Tuesday that its Boots & Coots unit agreed to a contract with Kuwait Oil to provide well control and emergency response services.

The partnership will focus on well kill operations and on-site standby in problematic zones, while supporting periodic rig equipment audits, updating emergency response plans, and preparing staff to serve as first responders for well-control incidents, according to the company.

Terms of the partnership were not disclosed.

Shares of Halliburton ( HAL ) were up 5.7% in recent trading.

Price: 22.10, Change: +1.21, Percent Change: +5.78