Halliburton, a Houston oilfield service company, has announced that it will build the first oilfield chemical manufacturing reaction plant in Saudi Arabia
The company held a groundbreaking ceremony on 18 February at the PlasChem Park plant in Jubail.
Expected to be completed in 2020, Halliburton will begin local manufacturing of specialty chemicals to help customers achieve production and reliability goals in applications from the reservoir to the refinery.
The plant will be able to produce a wide range of chemicals for stimulation, production, midstream and downstream engineered treatment programmes.
Jeff Miller, chairman, president and CEO of Halliburton, said, “This is a strategic, targeted expansion to accelerate our fast-growing specialty chemicals business. We are excited to house this premiere facility in Saudi Arabia while continuing to strengthen our commitment to the In Kingdom Total Value Add programme.”
“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,” he added.
Halliburton’s global laboratory and team in Dhahran Techno Valley and local manufacturing enable the company to accelerate the production of chemical solutions while developing local employees and capabilities.
