Hydrocarbon Processing Copying and distributing are prohibited without permission of the publisher
Email a friend
  • To include more than one recipient, please seperate each email address with a semi-colon ';'



Halliburton, Petronas form partnership to develop global shale resources

02.12.2012  | 

Halliburton and PETRONAS Carigali have signed an agreement for the evaluation and development of global shale resources, the companies said on Friday. They plan to set up a shale technical center in Kuala Lumpur, Malaysia, which is where the deal was signed.

Keywords:

Halliburton and PETRONAS Carigali have signed an agreement for the evaluation and development of global shale resources, the companies said on Friday.

The signing ceremony was held on Feb. 9, at the KL Convention Centre in Kuala Lumpur, Malaysia.

This collaboration will enable PETRONAS Carigali to shorten its in-house capability development by leveraging on Halliburton’s technology and experience in the North America shale industry, it said.

Halliburton will work with PETRONAS Carigali to set up a shale technical center in Kuala Lumpur, the company said.

Halliburton has experience in all of the active major shale basins.

The company is aggressively expanding its global infrastructure to support shale development outside of North America, it said.

“One of the cornerstones of Halliburton’s strategy is to maintain leadership in unconventional plays,” said Jeff Miller, Halliburton’s senior vice president of global business development and marketing.

“Expanding into the Asia Pacific market and providing the same quality level of service we already provide in North America fits into that strategy,” he added.

Halliburton currently employs more than 5,600 people in the Asia Pacific region.



Have your say
  • All comments are subject to editorial review.
    All fields are compulsory.

Related articles


FEATURED EVENT

Boxscore Database

A searchable database of project activity in the global hydrocarbon processing industry

Poll

Should the US government impose limits on LNG exports in order to maintain low domestic gas prices?


38%

5%

57%




View previous results

Popular Searches

Please read our Term and Conditions and Privacy Policy before using the site. All material subject to strictly enforced copyright laws.
© 2011 Hydrocarbon Processing. © 2011 Gulf Publishing Company.