Halliburton Wins Multibillion-Dollar YPF Fracking Contract in Argentina

Halliburton secured an exclusive multibillion-dollar contract with Argentina’s state-owned YPF to provide fracking services in the Vaca Muerta shale formation, marking a major expansion in Latin America’s energy sector. The deal covers bundled fracking operations, consolidating Halliburton’s role as the sole service provider for YPF in the region’s largest shale play, Vaca Muerta, located in Neuquén Province. Announced in April 2026, the contract underscores Argentina’s push to boost shale production amid global energy demand, leveraging Halliburton’s technical expertise in unconventional reservoirs. YPF’s partnership aims to accelerate output from Vaca Muerta, a key resource for Argentina’s economic growth and energy independence, while reducing reliance on imported fuels. The agreement reflects Halliburton’s strategic focus on high-potential international markets, reinforcing its position as a leader in global oilfield services amid shifting energy dynamics.