India, June 2 -- Halliburton Company (HAL) on Tuesday said it has acquired InformatiQ AS, a Norway based software company that develops cloud-native applications for subsurface, drilling, well, and logistics data.
Financial terms of the transaction were not disclosed.
The company said the acquisition builds on a longstanding collaboration between the two companies and expands its Landmark digital business into new operational areas.
InformatiQ offers a software-as-a-service platform that supports asset teams throughout the well life cycle. Its flagship geologiQ application provides a 3D digital twin for fields and wells and is already integrated with Landmark's Agile Asset Management (AAM) environment. The platform also includes applicat...