Halliburton to open new facilities in Namibia
The Fly

Halliburton to open new facilities in Namibia

Halliburton (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 Luderitz. With a combined footprint of 20,000 m, the facilities create a 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. Luderitz 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.

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App