Halliburton and the Agency for Science, Technology and Research (A*STAR) in Singapore have announced the launch of the Next-Generation Energy Xccelerator Joint Lab, or NEX Lab.
This S$35mn initiative aims to accelerate the development and commercialisation of advanced well completion technologies for the energy industry.
“NEX Lab brings together Halliburton's global expertise in well completions and A*STAR's multidisciplinary research capabilities to advance cutting-edge technology that shapes the future of energy and the Future of Completions,” said Shawn Stasiuk, Senior Vice President of Halliburton’s Completion and Production Division.
“The combination of our strengths will deliver innovative solutions that support customers within the full spectrum of completion technologies, including low-carbon applications for the evolving energy landscape.”
In a statement, Halliburton said that NEX Lab will serve as a collaborative hub for research, engineering and testing.
The aim is to streamline the transition from early-stage innovation to field deployment by integrating design, prototyping and validation activities all under one programme.
“By integrating Halliburton’s global expertise with the local innovation ecosystem, NEX Lab will increase demand for specialists in high-value technical roles and build a more competitive, future ready talent pool for Singapore,” it noted.
The project is also supported by the Singapore Economic Development Board (EDB) with Alvin Tan, Singapore's Minister of State for Trade and Industry, officiating at the launch event.
Prof Lim Keng Hui, Assistant Chief Executive of A*STAR's Science and Engineering Research Council, said the collaboration with Halliburton will help to translate research into real-world solutions.
“Through NEX Lab, we will work with Halliburton to build advanced manufacturing and energy technology capabilities in Singapore and create opportunities for our scientific and engineering talent to deliver impact beyond the joint lab. NEX Lab will also help develop and qualify local suppliers, strengthening resilient, high-value energy supply chains.”
Halliburton has collaborated with A*STAR since 2019 through the A*STAR Advanced Remanufacturing and Technology Centre's industry consortium, investing more than S$2mn in R&D and embarking on projects focused on materials and design improvements, workflow and inspection automation, and sensor development.
Lim Wey-Len, Executive Cice President of EDB, said NEX Lab exemplifies Singapore's leadership in advanced manufacturing and innovation.
“We welcome more collaborations with global energy leaders like Halliburton, so that companies can develop breakthrough solutions from Singapore that strengthen their global competitiveness and advance the energy transition.
“This collaboration will also create meaningful upskilling and innovation opportunities for local enterprises and our workforce.”
