(Left to proper) Prof Lim Keng Hui, Assistant Chief Executive, Science and Engineering Research Council, A*STAR; Mr Shawn Stasiuk, Senior Vice President, Halliburton Completion & Production Division; Mr Alvin Tan, Minister of State for Trade and Industry; Mr Beh Kian Teik, Chief Executive Officer, A*STAR; and Mr Maxime Coffin, Vice President, Halliburton Completion Tools, in the course of the launch of the NEX Lab℠ on 23 January 2026.
SINGAPORE – Halliburton (NYSE: HAL) and the Agency for Science, Technology and Research (A*STAR), Singapore’s lead public sector analysis and growth (R&D) company, introduced the launch of the Next-Generation Energy Xccelerator Joint Lab (NEX Lab℠). This initiative goals to speed up the event and commercialisation of superior effectively completion applied sciences for the power trade. The challenge can also be supported by the Singapore Economic Development Board (EDB). The launch occasion was officiated by Mr. Alvin Tan, Singapore’s Minister of State for Trade and Industry.
NEX Lab is a S$35 million challenge that can function a collaborative hub for analysis, engineering, and testing. The lab will streamline the transition from early-stage innovation to area deployment by integrating design, prototyping, and validation actions below one program. By integrating Halliburton’s world experience with the native innovation ecosystem, NEX Lab℠ will improve demand for specialists in high-value technical roles and construct a extra aggressive, future prepared expertise pool for Singapore.
“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®,” stated Shawn Stasiuk, senior vice chairman, Halliburton 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.”
Prof Lim Keng Hui, assistant chief government of A*STAR’s Science and Engineering Research Council, stated, “A*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.”
Halliburton has collaborated with A*STAR since 2019 via the A*STAR Advanced Remanufacturing and Technology Centre’s trade consortium, investing greater than S$2 million in R&D and embarking on initiatives centered on supplies and design enhancements, workflow and inspection automation, and sensor growth.
“By 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,” stated Lim Wey-Len, government vice chairman, EDB.
Halliburton’s presence in Singapore
Halliburton established operations in Singapore in 1973 and has grown into a worldwide hub for manufacturing and know-how. In 2013, the corporate opened its 500,000-square-foot Completion Technology and Manufacturing Center, which incorporates superior laboratories, high-pressure testing capabilities, and the Southeast Asia area’s solely deep take a look at effectively. Today, Singapore serves as the worldwide headquarters for Halliburton’s Completion Tools product service line and employs greater than 800 professionals in engineering, manufacturing, and know-how roles. These groups produce parts that assist Halliburton’s world operations and are exported worldwide, underscoring Singapore’s function as a trusted base for high-value manufacturing and utilized R&D.
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About Halliburton
Halliburton is likely one of the world’s main suppliers of merchandise and companies to the power trade. Founded in 1919, we create modern applied sciences, merchandise, and companies that assist our clients maximize their worth all through the life cycle of an asset and advance a sustainable power future. Visit us at www.halliburton.com; join with us on LinkedIn, YouTube, Instagram, and Facebook.
About the Agency for Science, Technology and Research (A*STAR)
The Agency for Science, Technology and Research (A*STAR) is Singapore’s lead public sector R&D company. Through open innovation, we collaborate with our companions in each the general public and personal sectors to learn the financial system and society. As a Science and Technology Organisation, A*STAR bridges the hole between academia and trade. Our analysis creates financial progress and jobs for Singapore, and enhances lives by bettering societal outcomes in healthcare, city residing, and sustainability. A*STAR performs a key function in nurturing scientific expertise and leaders for the broader analysis neighborhood and trade. A*STAR’s R&D actions span biomedical sciences to bodily sciences and engineering, with analysis entities primarily positioned in Biopolis and Fusionopolis.