HALLIBURTON LEADINGINNOVATIONSBEST-IN-CLASSFORTHEENERGYEVOLUTION POWERED BY INSIDE OIL & GAS
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Profile by Andy Probert.
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As a global entity, not many companies come much bigger than Halliburton in the oil and gas sector. Operational in the United Arab Emirates for more than half a century, Halliburton continues to build and collaborate with regional customers to offer world-class technologies and solutions to drill and complete record ERD wells with depths of over 45,000ft.
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Halliburton Halliburton’s presence in the UAE dates back to the 1960s, and its collaboration with customers in the region continues to endure due to its strengths in high-tech and operational advancements. Halliburton is focused on continuing to build its presence as part of the company’s plan to strengthen its business Halliburton’sglobally.core services have transitioned from initial cementing and stimulation technologies, expanding out to offer all prod-uct service lines in the Drilling & Evaluation (D&E) and Completion & Production (C&P) divisions, covering the entire reservoir lifecycle from reservoir interpretation and well construction to completion and produc tionWithapplications.over43,000 employees worldwide, Halliburton maintains more than 1,000 people in the UAE, with an Emirati work force comprising 12% of that total.
Supporting UAE’s goals Guy Tennant, Halliburton’s Area Vice President for the Southern Gulf Operations in the MENA region, said: “Halliburton continues to collaborate with regional cus tomers to offer technologies and solutions to drill and complete world-record offshore ERD wells with depths of over 45,000ft.”
These achievements have allowed Halliburton to invest in a world-class facility in the Industrial City of Abu Dhabi, which has maintained API Q2 certifications for the last five years. The company’s procurement teams actively seek local providers for materials, not only to support the local economy but to minimise emissions caused by interna tional shipping.
On an operational level, Halliburton introduces new technologies to its cus tomers in the UAE, with the aim to deliver more efficient machinery with lower emis sions, reduced personnel requiring less travel, reduced physical footprint on sites, and quicker operations to reduce overall site emissions.
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HALLIBURTON I PROFILE 8 Halliburton Halliburton has won significant regional contracts over the last few years, including integrated rigless services to support pro duction capacity expansion, as well as the awards for cementing services framework agreements as customers invest in enabling drilling growth and expanding crude oil production capacity. One of the many highlights of Halliburton’s regional efforts was the successful drilling of an onshore ERD well to 32,000ft a significant feat in the region. Utilising its BaraXcel fluid system, Halliburton achieved significantly improved ROP compared to shorter offset wells drilled with water-based fluids. The section was drilled ten days ahead of plan, generating significant rig time savings, and eliminating the risk of induced frac tures and lost circulation.
“Digitalisation and decarbonisation are the potential future growth areas. Our industry is key to this, but there will be a period of transition required for adaption to meet these future goals”
“Sustainability means continuing to serve our customers, employees, stakeholders, and communities in an environmentally, socially, and ethically responsible way,” he empha sised, noting an Abu-Dhabi-based employee was nominated as the MENA region sustain ability focal point. Mr Tennant added, “Our local technical teams continuously work with our customers to identify and deploy resource conservation solutions, such as recycling well service materials and custom chemistries to min imise freshwater use.” The company is receptive to the significant potential in achieving carbon reduction through carbon capture and storage in the GCC region. It has positioned expertise in the area to support sequestration site studies and establish future projects. Halliburton UAE also works with the Halliburton Labs initiative, helping to identify clean energy start-up companies throughout the area and“Thisglobally. initiative provides start-ups an opportunity to garner critical support in their scale-up journey toward commercial ising new clean technologies,” stated Mr“HalliburtonTennant. collaborates and engineers solutions to maximise asset values for customers,” he said. “Digitalisation and decarbonisation are the potential future growth areas. Our industry is key to this, but there will be a period of transition required for adaption to meet these futureRegardinggoals.”the pandemic, Halliburton worked closely with regional customers and governments, adapting stringent protocols and processes to manage the workforce. “This ensured no service inter ruptions during the pandemic period,” he elaborated.
Mr Tennant confirmed environmental, social, and governance issues remain critical to Halliburton’s success and are at the heart of its core values in UAE.
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Sustainability and innovation
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“Attracting and retaining the next generations of future graduates to the oil and gas industry has become one of the biggest challenges to the upstream industry today. The cyclical nature of our business has created a reputation of uncertainty for the industry”
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Focussing on key challenges, Mr Tennant highlighted the impacts of hyperinflation, logistics constraints and manufacturing concerns, which have all stressed supply chain models that support the growth of the Middle East’s upstream oil and gas sector.
Mr Tennant emphasised, “Attracting and retaining the next generation of graduates to the oil and gas industry has become one of the biggest challenges to the upstream industry today. The cyclical nature of our business has created a reputation of uncer tainty for the industry.”
On the client front, Mr Tennant zeroed in on respect, integrity, diversification, collaboration and safety as the essential characteristics Halliburton looks for in establishing long-term relationships with internal and external customers.
“Without these key attributes, mutually beneficial business relationships are not sustainable,” he concluded. “All these underpin our long-term drive for continued success.”
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Strategic focus Halliburton’s focus remains on regional growth across their D&E and C&P divisions.
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“In the UAE, we will also maintain our strategic focus on Emiratisation, supporting the UAE’s In-Country Value objective, which is imperative for future growth across the UAE,” he Halliburtonadded.UAE has long implemented policies to support and maintain a diverse workforce, with an increased focus on local Emirati hiring and further balancing gender employment.
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