Greenland Energy Company (NASDAQ: GLND) announced it has signed an agreement with Halliburton for integrated consulting services and logistical management supporting its 2026 onshore drilling campaign in the Jameson Land Basin. The agreement covers planning, coordination, handling and transportation of equipment, services and goods, and includes comprehensive well and drilling services, forming a key part of the Company’s integrated Arctic operations strategy alongside prior agreements with Stampede Drilling and Desgagnés.
The partnership with Halliburton, a global leader in energy services, underscores Greenland Energy’s commitment to advancing hydrocarbon exploration in Greenland’s Jameson Land Basin. This basin is considered one of the most promising onshore oil and gas prospects in the Arctic, with significant potential resources. By leveraging Halliburton’s expertise in drilling and well services, Greenland Energy aims to execute a safe, efficient, and environmentally responsible drilling campaign.
The agreement is part of a broader strategic approach that includes previous collaborations with Stampede Drilling for rig services and Desgagnés for marine logistics. Together, these partnerships position Greenland Energy to address the unique challenges of Arctic operations, including extreme weather, remote locations, and sensitive ecosystems. The integrated approach ensures that all aspects of the drilling campaign, from transportation to well construction, are coordinated to minimize risks and maximize operational efficiency.
Greenland Energy Company is an energy exploration company focused on responsibly developing Greenland’s hydrocarbon resources, with an emphasis on the Jameson Land Basin. It aims to advance oil and gas exploration and create a publicly traded platform for Arctic energy development. The company’s progress in securing key service providers for its 2026 campaign signals growing momentum in its exploration efforts.
Investors and stakeholders can find the latest news and updates relating to GLND in the company’s newsroom at https://ibn.fm/GLND. For more information about Greenland Energy Company, visit their website. The full press release can be viewed at https://ibn.fm/ghllI.
This announcement is important as it demonstrates Greenland Energy’s continued progress in securing necessary partnerships for its drilling campaign, which could unlock significant hydrocarbon resources in Greenland. The collaboration with Halliburton, a major industry player, adds credibility and technical capability to the project, potentially influencing investor confidence and the broader Arctic energy landscape.
