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Halliburton Presents Major Software Grant to Three Algerian Universities

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Halliburton Company (NYSE: HAL) has awarded three multimillion-dollar educational software grants to Algerian public universities to train future oil and gas engineers. The universities benefiting from these grants include USTHB, UMBB, and UKMO. The three-year licenses grant students and faculty access to Landmark’s DecisionSpace® software, enhancing hands-on learning in geosciences, drilling, and data management. This initiative underscores Halliburton's commitment to developing local talent and employment in Algeria.

Positive
  • Awarding multimillion-dollar grants enhances Halliburton's brand and reputation in Algeria.
  • Access to advanced software will equip students with valuable technical skills for the industry.
  • Demonstrates commitment to local talent development and in-country employment.
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  • None.

Halliburton Company (NYSE: HAL) today announced it awarded three multimillion-dollar educational software grants to Algerian public universities to train and prepare the next generation of Algerian oil and gas engineers and geoscientists. The schools include the University of Science and Technology Houari Boumediene (USTHB), University of Boumerdes (UMBB), and University of Ouargla (UKMO).

Halliburton leadership present University of Science and Technology Houari Boumediene (USTHB) Professor Djamal-Eddine Akretche with a plaque and certificate of donation (first row, from left: Samir Aggoune, Halliburton Landmark country manager; USTHB Professor Djamal-Eddine Akretche; Halliburton Vice President of Algeria Ahmed Helmy; and Halliburton Algeria Business Development Manager Mahmoud Moussa). They are joined by Deputy Chief of Mission from the U.S. Embassy in Algeria Gautam A. Rana; Seifeddine Amara, a representative from the Ministry of Higher Education & Scientific Research; and Amine Remini, a representative from the Ministry of Energy and Mines (second row, from left). (Photo: Business Wire)

Halliburton leadership present University of Science and Technology Houari Boumediene (USTHB) Professor Djamal-Eddine Akretche with a plaque and certificate of donation (first row, from left: Samir Aggoune, Halliburton Landmark country manager; USTHB Professor Djamal-Eddine Akretche; Halliburton Vice President of Algeria Ahmed Helmy; and Halliburton Algeria Business Development Manager Mahmoud Moussa). They are joined by Deputy Chief of Mission from the U.S. Embassy in Algeria Gautam A. Rana; Seifeddine Amara, a representative from the Ministry of Higher Education & Scientific Research; and Amine Remini, a representative from the Ministry of Energy and Mines (second row, from left). (Photo: Business Wire)

The three-year license provides students and faculty with access to Landmark’s DecisionSpace® enterprise software platform including seismic processing, geophysics and geosciences, drilling and production, and data management. Students will gain hands-on experience by applying their scientific coursework to real-world applications.

"We are proud to support these universities and to provide students with the opportunity to develop their skills using the industry’s latest technology," said Ahmed Helmy, vice president of the Algeria Area. "The grants demonstrate our commitment to growing local talent and in-country employment."

Many esteemed guests attended the ceremony including the honorable Egyptian Ambassador to Algeria Ayman Mousharafa, UMBB Dean of Faculty of Hydrocarbons & Chemistry Boujema Hamada, UKMO Professor Halilat Mohammed Tahar, Economic Attaché of the U.S. Embassy in Algeria Andrew Lederman, and Cultural Affairs Officer of the U.S. Embassy in Algeria Adam Sigelman.

Halliburton made the contributions through the Halliburton Landmark University Grants Program, which contributes renewable software licenses to qualified academic institutions. Through this program, Landmark, a Halliburton business line, contributes software to more than 200 universities worldwide to support teaching and research.

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.

FAQ

What educational grants did Halliburton announce for Algerian universities?

Halliburton awarded multimillion-dollar educational software grants to three Algerian universities: USTHB, UMBB, and UKMO.

What is the purpose of Halliburton's grants to Algerian universities?

The grants aim to train and prepare the next generation of oil and gas engineers and geoscientists in Algeria.

What software will be provided through Halliburton's educational grants?

Students and faculty will gain access to Landmark’s DecisionSpace® software platform.

How long is the software license provided by Halliburton to the Algerian universities?

The software license provided is for three years.

What is Halliburton's commitment in Algeria regarding education?

Halliburton is committed to developing local talent and enhancing in-country employment opportunities.

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