NATURAL Resources Minister Raphael Trotman and a team of technical officers of the Petroleum Department of his ministry have recently met with Halliburton Chief Executive Officer (CEO) Jeffrey Miller to explore business opportunities.
Halliburton, one of the world’s premier oil-and-gas supply and service companies, is seeking to open offices in Guyana to offer its upstream oilfield services to oil- and-gas companies as Guyana moves to becoming an oil-producing country.
Miller emphasised the high prospects that are being seen in the Guyanese market and the room for these to develop over the coming years.
Halliburton is interested in investing here in areas of capacity-building for local vendors and education support through local universities.
Minister Trotman welcomed the high-level visit and was keen to indicate the need for local content to be an important consideration for all companies entering the Guyanese markets.
In response, Miller highlighted Halliburton’s philosophy of having people work where they live, and building the capacity of locals over time to develop the expertise and technical skills needed to service the industry.
Halliburton was founded in 1919 and offers energy services internationally, ranging from locating hydrocarbons and managing geological data, to drilling and formation evaluation and well-construction and completion.
It has operations in some 70 countries around the world and has provided services to some of the largest oil-and-gas companies in the world, including ExxonMobil here in Guyana and elsewhere.