Founded in 1919, Halliburton is one of the world’s largest providers of products and services to the energy industry. With more than 75,000 employees, representing 140 nationalities in approximately 80 countries, the company serves the upstream oil and gas industry throughout the lifecycle of the reservoir – from locating hydrocarbons and managing geological data, to drilling and formation evaluation, well construction and completion, and optimizing production through the life of the field.

To strengthen our presence in the Eastern Hemisphere, Halliburton established a second headquarters in Dubai, United Arab Emirates. The oil and gas business is moving its focus from the increasingly difficult reserves of the Western Hemisphere to the bounty of the Eastern Hemisphere. As the customers Halliburton serves make this shift, Halliburton is expanding eastward to provide new manufacturing capacity, move closer to key markets, and help reduce the costs of moving materials, products, tools and people.

 

What We Do

To get a better idea of what we do and how we fit into the industry, imagine that the oil company wants a house built, not an oil well drilled. In that case, it would hire various contractors to perform different aspects of the job – someone to handle the plumbing, someone to do the painting, someone to lay the bricks, and so on. In the real world, because the oil companies are trying to develop oil reservoirs, they hire energy services companies to help them:

• Locate oil and gas assets
• Evaluate their assets
• Drill wells
• Produce the oil from the wells
• Make sure the wells produce as much oil as possible.

Because Halliburton is such a large and diverse organization, we perform all of these jobs. We have different groups – called product service lines – that handle each task.

 

Sustainability

We strive to use our resources responsibly, and regard our Guiding Principles of Sustainability as key components to the Company’s long-term success. Sustainability is at the core of the Company’s long-term success, and it is embedded throughout our business. Halliburton continually strives to be at the forefront of corporate sustainability best practices, and this report will enable you to look beneath the surface of our operations to see how the Company conducts itself as a member of the global community.