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Haliburton Open New Singapore Facility

Maritime Activity Reports, Inc.

March 18, 2013

Halliburton opens its newly constructed Completion Technology and Manufacturing Center in Singapore.

The new state-of-the-art facility is located on about 43 acres in Jurong Industrial Park and includes more than 500,000 square feet (46,451 square meters) of manufacturing and administrative space. The facility includes technology 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.

A second phase of development is underway which includes the construction of the 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.

Completion Tools, a product service line in Halliburton’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 optimize well production. This additional capability will allow the Company to continue to deliver high-quality products to a broad and growing customer base in the Eastern Hemisphere.

“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,” said Dave Lesar, Halliburton Chairman, President and Chief Executive Officer. “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.”

 

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