Halliburton

Halliburton: Shaping Energy and Infrastructure Across the Globe

Halliburton is a global technology and services company that plays a pivotal role in shaping energy, water, and infrastructure across the globe. With over 100 years of expertise, it operates across five continents in various sectors such as upstream oil and gas, downstream hydrocarbons, and infrastructure.

Origins and Growth

Halliburton’s roots date back to 1919 when two partners, Abner Halliburton and Les Guilibeau, started a well-casing and tubing company in Dallas, Texas. Through strategic acquisitions and organic growth, the company expanded its offerings and global reach. Today, it stands as a Fortune 500 company with over 100,000 employees and 360 operating locations worldwide.

Major Divisions and Services

Halliburton operates through three core divisions:

• Oil & Gas Services: Provides products and services for various stages of oil and gas production, including completion and production optimization, well intervention, and reservoir consulting.
• Energy Services: Develops and delivers innovative technologies for the power industry, including renewable energy and carbon capture, storage, and sequestration.
• Infrastructure & Completion Solutions: Offers a diverse range of products and services for pipeline construction, maintenance, and inspection, as well as solutions for water management and environmental services.

Innovation and Sustainability

Halliburton invests heavily in research and development, focusing on technologies that promote sustainable energy and resource management. Notable initiatives include:

• Carbon emissions reduction solutions: developing technologies to capture, store, and utilize carbon dioxide emissions.
• Renewable energy solutions: investing in technologies for offshore wind farms and hydrogen production.
• Energy efficiency solutions: optimizing energy consumption and reducing environmental impact.

Corporate Responsibility and Governance

Sustainability and ethical conduct are integral to Halliburton’s values. The company prioritizes workplace safety, environmental responsibility, and community engagement. It is also committed to strong corporate governance principles, with a diverse board of directors and robust financial reporting practices.

FAQs:

1. What is Halliburton’s primary focus?
Halliburton primarily deals with energy, water, and infrastructure.

2. Where does Halliburton operate?
The company operates across five continents and 360 locations worldwide.

3. What are Halliburton’s major divisions?
The company has three core divisions: Oil & Gas Services, Energy Services, and Infrastructure & Completion Solutions.

4. How does Halliburton approach sustainability?
Halliburton invests in innovative technologies and practices to reduce carbon emissions, promote renewable energy, and enhance resource efficiency.

5. What are Halliburton’s corporate governance principles?
The company emphasizes workplace safety, environmental responsibility, and strong governance practices, adhering to robust board diversity and financial reporting standards.