Halliburton to build first oilfield chem manufacturing reaction facility in Saudi Arabia

Energy provider, Halliburton Company held a ground breaking ceremony for the first oilfield chemical manufacturing reaction facility in Saudi Arabia at PlasChem park in Jubail.

Read: Halliburton Co. and Baker Hughes Inc. to seek buyers next month

Halliburton plans to manufacture specialty chemicals to provide consumers with chemical needs for stimulation, production, midstream, and downstream engineered treatment programs.

Chairman/President and CEO of Halliburton, Jeff Miller said that the firm aims to expand their specialty chemicals business while strengthening its commitment with the In Kingdom Total Value Add program, which ensures supply-chain efficiency and value across the energy sector of the Kingdom.

“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 of Saudi Arabia,” Miller continued.

Upon its completion in 2020, the venture of Halliburton would support local employees and develop local skills and capabilities.