Beetaloo Energy Signs MOU with Halliburton to Support Gas-Powered Data Center Project
Beetaloo Energy has signed a non-binding memorandum of understanding (MOU) with Halliburton for the development of its Beetaloo Digital project in Australia's Northern Territory. The initiative aims to integrate upstream gas production, power generation, and large-scale data center infrastructure. Halliburton will provide technical expertise across subsurface consulting, drilling, completions, and modular gas-fired power solutions tailored for hyperscale data centers. The proposed development is anchored by Beetaloo Energy's resources in the Beetaloo Basin and a secured 185-hectare site near Darwin. The project intends to generate new electricity capacity rather than rely on existing grid infrastructure, supporting baseload power needs while addressing growing AI demand across the Asia-Pacific region. Additional partners are being engaged for pipeline infrastructure, power generation, and data center development as part of forming a joint venture. The MOU is non-binding, with the project still subject to concept studies, regulatory approvals, financing, and consortium formation.
Tickers: $HAL
Topics: Data Centers Energy Partnerships