Halliburton and the Agency for Science, Technology and Research (A*STAR), Singapore锟絪 lead public sector research and development (R&D) agency, announced the launch of the Next-Generation Energy Accelerators Joint Lab (NEX Lab?). This initiative aims to accelerate the development and commercialization 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锟絪 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锟絪 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.
锟絅EX Lab brings together Halliburton锟絪 global expertise in well completions and A*STAR锟絪 multidisciplinary research capabilities to advance cutting-edge technology that shapes the future of energy and the Future of Completions锟�,锟� said Shawn Stasiuk, senior vice president, Halliburton Completion and Production division. 锟絋he 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.锟�
Prof Lim Keng Hui, assistant chief executive of A*STAR锟絪 Science and Engineering Research Council, said, 锟紸*STAR collaborates with global industry leaders like Halliburton to translate research into real-world solutions that benefit industries and support national priorities. 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.锟�
Halliburton has collaborated with A*STAR since 2019 through the A*STAR Advanced Remanufacturing and Technology Centre锟絪 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.
锟紹y bringing together industry, technology, and talent, 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,锟� said Lim Wey-Len, executive vice president, EDB.