Halliburton 2021 Annual & Sustainability Report Environmental 37 University Relationships members, and gain experience with Halliburton Landmark software, products, and knowledge base. Sponsored Research Agreements Halliburton facilitates regular, meaningful contact Halliburton engages with major universities in countries between students, industry representatives, and around the world to facilitate the research studies of academics through our STEPS program, and builds advanced-degree students. Our PSL technology groups a collaborative research network with the robust work with students to identify research topics that participation of all parties. address our Company’s technology challenges, along Each year, the STEPS Scientific Advisory Board selects a with the competencies of the specific university. We research theme within which students select a research help define the research scope, gather resources, and, topic of their choosing. The theme for the 2020–2021 on occasion, make financial contributions. Through this academic year was the 21st Century Energy Transition. endeavor, Halliburton uses external competencies to The theme for the 2021–2022 academic year was the advance the R&D goals of our PSLs and, ultimately, to Subsurface Characterization of Energy. improve our products and solutions for our customers as well as our internal processes. In addition to supporting research projects, STEPS hosts a Distinguished Lecture series aligned with the current STEPS Program research theme to encourage more interaction with the exploration and production (E&P) community. Our program, Science and Technology for Exploration and Production Solutions (STEPS), targets master’s-level To learn more about the STEPS program, including how to students at universities who are working on their theses. apply, please visit the STEPS page on our website. We give these students the opportunity to conduct a research project in collaboration with Halliburton and our industry and academic partners. Participating students can conduct research focused on real-world datasets, receive relevant training and mentorship from STEPS team • Drives innovation • Generates intellectual property • Delivers research results ACADEMIA STEPS INDUSTRY • Mentorship and training • Access to data and software • Engagement with industry