Halliburton opens technology and manufacturing center in Singapore
Halliburton (NYSE: HAL) has opened its newly constructed Completion Technology and Manufacturing Center in Singapore.
SINGAPORE – Halliburton (NYSE: HAL) has opened its newly constructed Completion Technology and Manufacturing Center in Singapore.
“This new facility will allow us to deliver a broad portfolio of completion products and will also allow us to react more quickly to our customers’ needs,” said Jerry Wauters, vice president of Halliburton Completion Tools. “The expansion in Singapore is part of our global strategy to increase our overall capacity to meet our customers’ growing demands.”
The new state-of-the-art facility is located on about 43 acres in Jurong Industrial Park and includes more than 500,000 sq ft (46,451 sq m) 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 under way, 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.
Singapore’s Deputy Prime Minister Teo Chee Hean said: “We welcome Halliburton’s investment in this new manufacturing and technology center in Singapore, which will cover the entire value chain of activities from headquarters to manufacturing and technology. With this investment, Singaporeans can look forward to diverse roles and exciting career pathways, including managers, engineers, technicians and skilled production craftsmen.”