Halliburton Awarded Production Chemicals and Associated Services Contract in Oman
July 14 2021 - 5:00PM
Business Wire
Halliburton Company (NYSE: HAL) announced today that it won a
contract to provide Production Chemicals and Associated Services
for a large IOC in Oman. Under the seven-year contract, Halliburton
will supply a full suite of customized products along with
specialized services to support the in-field chemical
treatments.
“We are excited to provide our production chemical expertise and
management services to help our customer maximize their asset value
in Oman,” said Miguel Gonzalez, vice president of Halliburton
Multi-Chem. “This collaboration aims to improve operational
efficiencies and reliability by applying tailored solutions and
close alignment between parties.”
Halliburton’s facilities in Oman will support the project.
Additionally, Halliburton will manufacture key raw materials for
the contract’s portfolio at the new Halliburton Saudi Chemical
Reaction Plant. Opening at the end of 2021, the facility increases
Halliburton’s capabilities to support Oman and the region. The
Company also expects to hire and develop local personnel to deliver
the contract’s scope of work.
The plant will have capabilities to manufacture a broad slate of
chemicals for stimulation, production, midstream, and downstream
engineered treatment programs. Halliburton’s global laboratory and
team in Dhahran Techno Valley and local manufacturing uniquely
position the Company to accelerate the production of next
generation specialty chemical solutions while developing local
employees and capabilities.
About Halliburton
Founded in 1919, Halliburton is one of the world's largest
providers of products and services to the energy industry. With
approximately 40,000 employees, representing 130 nationalities in
more than 70 countries, the company helps its customers maximize
value throughout the lifecycle of the reservoir — from locating
hydrocarbons and managing geological data, to drilling and
formation evaluation, well construction and completion, and
optimizing production throughout the life of the asset. Visit the
company’s website at www.halliburton.com. Connect with
Halliburton on Facebook,
Twitter, LinkedIn, Instagram and YouTube.
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