(EnergyAsia, March 25 2013, Monday) — Upstream equipment and services company Halliburton said it has opened a newly constructed completion technology and manufacturing centre in Singapore.
Completion Tools, a product service line in the company’s Completion and Production division, enables customers to economically and efficiently complete their wells by providing the design, selection and provision of equipment and services to optimise well production.
Located on a 43-acre site in Jurong, the new facility will enable Halliburton to continue to deliver high-quality products to a broad and growing customer base in the Eastern Hemisphere. It contains laboratories and test facilities, which house complex processes such as high-alloy material precision machining, electrode discharge machines, small deep-hole gun drilling and fully automated high-pressure testing.
Halliburton said it has begun a second phase of development which includes the construction of a technology administration building, workshops, deep-well simulators, high-pressure/high-temperature testing facilities and the completion of a deep horizontal well enabling all aspects of engineering testing and simulated systems integration testing.
The Completion Tools leadership team and global headquarters relocated from Houston, Texas, to Singapore in 2011. Employees of the original completion tools manufacturing facility in Jurong Industrial Park began transiting to the new site in January 2013.
Dave Lesar, Halliburton’s chairman, President and CEO, said:
“Investment in this technology and manufacturing facility is a demonstration of Halliburton’s commitment to strengthen our position in international markets where we are seeing expanding opportunities in deep water, mature assets and unconventional resources development.”
“Halliburton is the leading supplier of completion products and services globally, and the Singapore facility is a flagship for our Completion Tools manufacturing in the Eastern Hemisphere.
Jerry Wauters, vice president of Halliburton Completion Tools, said:
“Investment in this technology and manufacturing facility is a demonstration of Halliburton’s commitment to strengthen our position in international markets where we are seeing expanding opportunities in deep water, mature assets and unconventional resources development.
“This new facility will allow us to deliver a broad portfolio of completion products and will also allow us to react more quickly to our customers’ needs.
“The expansion in Singapore is part of our global strategy to increase our overall capacity to meet our customers’ growing demands.”
Halliburton has been active in the Eastern Hemisphere energy services market since 1926. It established operations in Singapore in 1973 and opened its first regional manufacturing centre in Singapore in 1990.
With more than 72,000 employees, representing 140 nationalities in approximately 80 countries, the company offers a full range of technology and services across its Completion and Production, and Drilling and Evaluation divisions.
Founded in 1919, Halliburton is one of the world’s largest providers of products and services to the energy industry.