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Halliburton Opens New Facilities in Namibia

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Halliburton Company (NYSE: HAL) announced the opening of new facilities in Namibia across four locations: Windhoek, Walvis Bay, Swakopmund, and Lüderitz, with a combined area of 20,000 m². The facilities will provide various services including cementing, drilling fluids, well completions, testing, and wireline operations. The expansion aims to deliver advanced technologies such as oilfield automation and remote operations to Namibia's energy sector. The company plans to employ up to 200 Namibians, supporting local job creation and economic development while operating closer to customers.

Halliburton Company (NYSE: HAL) ha annunciato l'apertura di nuove strutture in Namibia in quattro località: Windhoek, Walvis Bay, Swakopmund e Lüderitz, con un'area totale di 20.000 m². Le strutture offriranno vari servizi, tra cui cementazione, fluidi di perforazione, completamenti di pozzi, testing e operazioni di wireline. L'espansione mira a fornire tecnologie avanzate come l'automazione nei campi petroliferi e operazioni remote al settore energetico namibiano. L'azienda prevede di impiegare fino a 200 namibiani, sostenendo la creazione di posti di lavoro locali e lo sviluppo economico, oltre a operare più vicina ai clienti.

Halliburton Company (NYSE: HAL) anunció la apertura de nuevas instalaciones en Namibia en cuatro ubicaciones: Windhoek, Walvis Bay, Swakopmund y Lüderitz, con un área total de 20,000 m². Las instalaciones ofrecerán diversos servicios, incluidos cementación, fluidos de perforación, terminaciones de pozos, pruebas y operaciones de cableado. La expansión tiene como objetivo proporcionar tecnologías avanzadas como automatización de campos petroleros y operaciones remotas al sector energético de Namibia. La empresa planea emplear hasta 200 namibios, apoyando la creación de empleo local y el desarrollo económico mientras opera más cerca de los clientes.

할리버턴 컴퍼니 (NYSE: HAL)가 나미비아의 네 곳, 즉 빈트후크, 월비스베이, 스와콥문드 및 뢰더리츠에 새 시설을 개설한다고 발표했습니다. 총 면적은 20,000 m²입니다. 이 시설에서는 시멘트 작업, 드릴링 유체, 유정 완비, 시험 및 와이어라인 작업과 같은 다양한 서비스를 제공합니다. 확장의 목적은 나미비아의 에너지 부문에 오일필드 자동화 및 원격 작전과 같은 첨단 기술을 제공하는 것입니다. 이 회사는 200명의 나미비아인을 고용할 계획이며, 이는 지역 일자리 창출과 경제 발전을 지원하고 고객과의 거리를 좁히는 데 기여할 것입니다.

Halliburton Company (NYSE: HAL) a annoncé l'ouverture de nouvelles installations en Namibie dans quatre localités : Windhoek, Walvis Bay, Swakopmund et Lüderitz, avec une superficie totale de 20 000 m². Les installations fourniront divers services, notamment le cimentage, les fluides de forage, les achèvements de puits, les tests et les opérations de câblage. L'expansion vise à apporter des technologies avancées, telles que l'automatisation des champs pétroliers et les opérations à distance, au secteur énergétique namibien. L'entreprise prévoit d'employer jusqu'à 200 Namibiens, soutenant la création d'emplois locaux et le développement économique tout en opérant plus près des clients.

Halliburton Company (NYSE: HAL) gab die Eröffnung neuer Einrichtungen in Namibia an vier Standorten bekannt: Windhoek, Walvis Bay, Swakopmund und Lüderitz, mit einer Gesamtfläche von 20.000 m². Die Einrichtungen werden verschiedene Dienstleistungen anbieten, darunter Zementierung, Bohrflüssigkeiten, Brunnenabschlüsse, Tests und Wireline-Operationen. Die Expansion zielt darauf ab, dem Energiesektor Namibias fortschrittliche Technologien wie Ölfeldautomatisierung und Fernoperationen zur Verfügung zu stellen. Das Unternehmen plant, bis zu 200 Namibier einzustellen, was die lokale Arbeitsplatzschaffung und wirtschaftliche Entwicklung unterstützt, während es näher an den Kunden operiert.

Positive
  • Expansion of operations with 20,000 m² of new facilities across four strategic locations
  • Expected creation of 200 local jobs
  • Strategic positioning closer to customers in growing oil and gas market
  • Introduction of advanced technologies to enhance service offerings
Negative
  • None.

Insights

The opening of multiple facilities in Namibia represents a strategic expansion for Halliburton into a promising emerging market. Recent major oil discoveries by Shell and TotalEnergies offshore Namibia have positioned the country as Africa's newest oil frontier. The 20,000 m² combined facility footprint and planned employment of 200 Namibians indicates a substantial long-term investment.

This expansion aligns with Halliburton's strategy to capture early-mover advantages in high-potential markets. The comprehensive service offering across four locations - including drilling, testing, cementing and wireline operations - positions HAL to secure significant market share as Namibia's oil sector develops. The investment timing is particularly strategic given the expected surge in offshore drilling activity following recent discoveries.

The facility deployment across strategic locations in Namibia demonstrates Halliburton's comprehensive approach to servicing the full spectrum of upstream operations. The Walvis Bay and Lüderitz facilities are particularly significant, positioned to support offshore operations in the Orange Basin where major discoveries have been made. The integration of advanced technologies like automated operations and remote monitoring capabilities shows HAL's commitment to bringing cutting-edge solutions to this frontier market.

This expansion will strengthen Halliburton's competitive position against other major service providers like Schlumberger and Baker Hughes in the region's developing offshore sector. The local employment initiative also addresses critical local content requirements, which are often key to securing long-term contracts in African markets.

Locations will employ locals and grow Namibia’s energy sector

NAMIBIA--(BUSINESS WIRE)-- Halliburton Company (NYSE: HAL) will open new facilities in Namibia highlighting the importance of the country’s growing oil and gas industry. The facilities, which will support the company’s in-country operations, are located in Windhoek, Walvis Bay, Swakopmund, and Lüderitz.

Halliburton celebrates the opening of new facilities in Namibia (Photo: Business Wire)

Halliburton celebrates the opening of new facilities in Namibia (Photo: Business Wire)

With a combined footprint of 20,000 m², the facilities create a strong presence in the region. The Windhoek office will handle support services, while the Walvis Bay facility will focus on Cementing & Drilling Fluids services and warehousing. Swakopmund will house Sperry Drilling, Well Completions, Testing & Subsea, and Wireline & Perforating services. Lüderitz will support Cementing and Wireline operations. Through these locations, Halliburton will deliver advanced technologies that include oilfield automation and remote operations, geosteering, measurement while drilling, and well testing to Namibia’s energy sector.

“These new facilities allow us to operate close to our customers, collaborate in real time, and deliver the advanced technologies and services that maximize asset value,” said Antoine Berel, vice president, Halliburton Sub-Saharan Africa (South). “We are proud to support Namibia’s oil and gas industry, contribute to the economic success of the country, and create opportunities for local people.”

Halliburton remains focused on job creation and compliance with local sourcing guidelines. The new facilities are expected to employ up to 200 Namibians. This will help to foster local expertise in oil and gas technologies and contribute to the country’s economy. Halliburton’s long-term strategy aims to support Namibia’s economic development and its emerging energy sector with innovative solutions for exploration and production.

ABOUT HALLIBURTON

Halliburton is one of the world’s leading providers of products and services to the energy industry. Founded in 1919, we create innovative technologies, products, and services that help our customers maximize their value throughout the life cycle of an asset and advance a sustainable energy future. Connect with Halliburton on LinkedIn, YouTube, Instagram, and Facebook.

Press Contact

pr@halliburton.com

Source: Halliburton Company

FAQ

What is the size of Halliburton's (HAL) new facilities in Namibia?

Halliburton's new facilities in Namibia have a combined footprint of 20,000 m².

How many jobs will Halliburton (HAL) create in Namibia?

Halliburton's new facilities are expected to employ up to 200 Namibians.

Which cities in Namibia will host Halliburton's (HAL) new facilities?

Halliburton's new facilities are located in Windhoek, Walvis Bay, Swakopmund, and Lüderitz.

What services will Halliburton (HAL) offer at its Namibian facilities?

The facilities will offer services including cementing, drilling fluids, well completions, testing, subsea operations, and wireline & perforating services.

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