Beetaloo Energy Australia (ASX:BTL) has signed a non-binding memorandum of understanding with Halliburton (NYSE:HAL) to assess the upstream gas development proposed to supply its Beetaloo Digital data centre project in the Northern Territory.
Halliburton is expected to provide technical expertise in field development, integrated drilling services, and project execution. Its potential role would include assessing and developing the Beetaloo Basin gas resource intended to underpin the project.
The agreement follows the Northern Territory Government granting Beetaloo Energy exclusivity over a 185-hectare site at Weddell, southeast of Darwin.
Beetaloo Energy says it established its wholly owned subsidiary, Beetaloo Digital, to advance a vertically integrated development comprising upstream gas supply, pipeline infrastructure, power generation, and data centres.
CEO Alex Underwood says the company is working to assemble a consortium of specialist partners for the development.
“We are pleased to announce this MOU with Halliburton. The company brings a proven track record in oilfield services, engineering execution, and collaborative solutions, making it a valuable potential participant in the project,” Underwood says.
Beetaloo Digital plans to develop gas-fired generation capacity rather than draw electricity from the Northern Territory’s existing grid. The company proposes building excess capacity that could supply baseload power to the territory while supporting data centres and AI infrastructure.
Beetaloo Energy holds 28.9 million acres of exploration tenements across the McArthur Basin and Beetaloo sub-basins.
The proposed development remains subject to concept studies, consortium formation, financing, and government and regulatory approvals. Beetaloo Energy says it is continuing commercial discussions regarding a potential joint venture.
Write to France Pinzon at Mining.com.au
Images: Beetaloo Energy Australia
