US oil field service company Halliburton has been steadily expanding its activities in Guyana since setting up operations in 2015 which has seen the establishment of state-of-the-art facilities, including one of the largest mud plants in the hemisphere, and expansion of its local workforce.
The company provides key products and services to the local oil and gas industry, including directional drilling, surface data logging, wireline logging, drill bits, drilling fluids, cementing, completion services, reservoir evaluation, stimulation and other oilfield chemical products , services and equipment.
“From the inception of our presence in Guyana in 2015, Halliburton has continuously been increasing in-country investment,” Vahman Jurai, Business Development Manager, said in a comment to OilNOW. “In 2019, we commissioned our state-of-the-art repair and maintenance workshop for directional and logging while drilling equipment, making Guyana one of the few countries in the world with such a facility.”
Additionally, Jurai said the company recently constructed one of its largest liquid mud plants in the hemisphere, in Guyana, as part of efforts to meet the needs of the country’s growing oil and gas activities. Significant focus is also being placed on development of its local workforce.
“Halliburton has an ambitious development plan for local employees. Over the last three years, we have continually increased our local head count,” Jurai said. “Our long-term vision is to develop a strong, dynamic local team by facilitating their development in various areas of our business, including in our technical, operational and administration processes.”
He pointed out that Halliburton’s development and training in Guyana is not limited to its employee base, but also extend to contractors.
“We collaborate closely with our local vendors, and their team members, to improve service delivery to reach international oil field standards,” the Business Development Manager stated.
He said Halliburton is also committed to knowledge sharing and the development of the Guyana labor force.
“In 2019 and 2020, we collaborated with the Department of Energy and the Ministry of Education to deliver workshops for kids, teens, adults and teachers aimed at providing education on various aspects of the oil and gas industry and how they can participate,” he said. “In 2019, we signed a Memorandum of Understanding with the University of Guyana for the provision of our landmark software solutions that will provide students with high technology tools used worldwide to increase their market competitiveness by strengthening their competences.”
Jurai said while the pandemic has delayed the commencement of in-person training for Landmark’s petro-technical applications, the company will be deploying the training virtually using the iEnergy® Cloud, a hybrid cloud designed to deploy, integrate, and manage sophisticated Exploration & Production applications.
“As Halliburton continues to grow our resources and capabilities in Guyana, our focus is on developing local talent by joining with our in-country suppliers and working closely with Guyana’s Technical Institute and University on knowledge sharing,” he said.
The company said last month on its third quarter earnings call that international operations, which drove two-thirds of its revenues for two consecutive quarters, remain the number one priority.
“Our current strengths and new capabilities in the international markets are critical to our future success,” Jeffrey Miller, President and CEO said.