Posted inPower List O&G Middle East Top 30 Oil field Services Companies 2017

Halliburton

Halliburton

Clinching the third position in the rankings is US major, Halliburton. In an interview with O&GME earlier this year, Ahmed Kenawi, Halliburton’s senior VP for the Middle East and North Africa (MENA) said the company’s regional strategy is aligned with the global three-pronged policy – to bank on the company’s core strength of working on mature fields, unconventional and deepwater projects.

Since deepwater projects are uncommon in the MENA region, barring a few in Egypt, Halliburton’s principal focus is delivering on mature fields.

The company, which has delivered multiple EOR projects globally and regionally, is currently working on a couple of projects in the GCC. Its subsidiary company, Landmark, is working on a digital EOR project in the GCC, where it is controlling the asset’s processes and workflows to achieve field optimisation. 

More recently, Halliburton has also started work on an unconventional project in Oman, where the company ousted a major competitor that had been incumbent on the project for seven years. At the time, Kenawi also revealed that Halliburton was set to begin work on three new project management contracts this year, including work on six additional rigs with full lump sum turnkey deals in Iraq.

Given the specialised work that Halliburton delivers, the company says technical innovation is  key to maintaining its efficient oilfield services portfolio.

Highlight: Halliburton is  presently promoting its Acoustic Conformance Xaminer (ACX) tool – a system that that uses hydrophone array technology to locate and describe communication paths and flow areas in the wellbore area, vertically and radially, in real time.

Staff Writer

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