US-based Halliburton, one of the world's largest providers of products and services to the energy industry, has broken ground on the first oilfield speciality chemical manufacturing reaction plant located within PlasChem Par in the Jubail area of Saudi Arabia. 

 

Announcing the launch, Halliburton said once the plant gets fully completed in 2020, it will begin local manufacturing of specialty chemicals to help customers achieve production and reliability goals in applications from the reservoir to the refinery.

 

“This is a strategic, targeted expansion to accelerate our fast-growing specialty chemicals business. We are excited to house this premiere facility in Saudi Arabia while continuing to strengthen our commitment to the In-Kingdom Total Value Add program,” remarked Jeff Miller, Halliburton chairman, president, and CEO. 

 

“We chose Saudi Arabia for this plant because it provides an advantaged location for us to deliver our value proposition of superior service and chemical applications expertise to Eastern Hemisphere customers, and because of our strong 80-year history of success in the kingdom,” he stated.

 

"The plant will have capabilities to manufacture a broad slate of chemicals for stimulation, production, midstream, and downstream engineered treatment programs," he noted. 

 

"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," he added.

 

Founded in 1919, Halliburton celebrates its 100 years of service as one of the world's largest providers of products and services to the energy industry. 

 

With 60,000 employees, representing 140 nationalities in over 80 countries, the company helps its customers maximise 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.-TradeArabia News Service