Halliburton is an American multinational corporation. One of the world's largest oil field service companies, it has operations in more than 70 countries. It owns hundreds of subsidiaries, affiliates, branches, brands, and divisions worldwide and employs approximately 50,000 people.
The company has dual headquarters located in Houston and in Dubai, where Chairman and CEO David Lesar works and resides.[8] The company remains incorporated in the United States.
OILFIELD SERVICES ("OFS")
We have initiated our venture into the OFS segment with the conversion and sale of an FSO to Petrofac, for the Sepat Field, off Terengganu, Malaysia. In this segment, we plan to offer a range of services required to cover all aspects of the oil field life- cycle, from exploration, through development, production and abandonment. Customers are likely to require a single or a combination of services in order to maximise returns from their investment in the relevant project.
OFS entails the provision of various specialised services required in the offshore mature/brownfield markets. These include, amongst others, marginal field production solutions such as EOR, process modules to enhance the extraction of hydrocarbons from the reservoir as well as specific services and assets offered on a RBC basis for working in the marginal and mature/brownfield environment.
We currently offer services, either directly or through our partnerships or alliances, in the exploration (survey), development (facilities and installation), production (FPSO) and abandonment (T&I) phases of the marginal oil field/brownfield projects under our OFS business. We can also provide support vessels via our OSV business throughout the field life to the customer.