A*STAR and Halliburton launch NEX Lab℠ to advance well completion innovation

This press release was jointly issued by Halliburton and Agency for Science, Technology and Research (A*STAR).

Halliburton (NYSE: HAL) and the Agency for Science, Technology and Research (A*STAR), Singapore’s lead public sector research and development (R&D) agency, announced the launch of the Next-Generation Energy Xccelerator Joint Lab (NEX Lab℠). This initiative aims to accelerate the development and commercialisation of advanced well completion technologies for the energy industry. The project is also supported by the Singapore Economic Development Board (EDB). The launch event was officiated by Mr. Alvin Tan, Singapore’s Minister of State for Trade and Industry.

NEX Lab is a S$35 million project that will serve as a collaborative hub for research, engineering, and testing. The lab will streamline the transition from early-stage innovation to field deployment by integrating design, prototyping, and validation activities under one program. 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.

Halliburton has collaborated with A*STAR since 2019 through the A*STAR Advanced Remanufacturing and Technology Centre’s industry consortium, investing more than S$2 million in R&D and embarking on projects focused on materials and design improvements, workflow and inspection automation, and sensor development.

Halliburton’s presence in Singapore

Halliburton established operations in Singapore in 1973 and has grown into a global hub for manufacturing and technology. In 2013, the company opened its 500,000-square-foot Completion Technology and Manufacturing Center, which includes advanced laboratories, high-pressure testing capabilities, and the Southeast Asia region’s only deep test well. Today, Singapore serves as the global headquarters for Halliburton’s Completion Tools product service line and employs more than 800 professionals in engineering, manufacturing, and technology roles. These teams produce components that support Halliburton’s global operations and are exported worldwide, underscoring Singapore’s role as a trusted base for high-value manufacturing and applied R&D.