Halliburton’s move to Dubai


  • Share via facebook
  • Tweet this
  • Bookmark and Share

Following the opening of a second corporate headquarters office in Dubai, Halliburton announced that Ahmed Lotfy, senior vice president of the company's eastern hemisphere, is relocating to Dubai.

"The Eastern Hemisphere is already a strong market for Halliburton, and I am excited to be back in Dubai, to add to our leadership here. Continuing to grow our business here will bring more balance to Halliburton's overall portfolio," said Lotfy in a statement.

Halliburton's strategic plan is to focus on expanding its customer relations with national oil companies while concentrating more on the company's investments and resources in growing its business in the company's eastern hemisphere.

"Although at the moment our extreme focus is on the Middle East, our services are spread out across the globe in the aim of expanding Halliburton on an even larger scope. As part of our growth, we are diversifying, with our main manufacturing sites situated in Malaysia and two in Singapore," said Lotfy. "We currently have 80 service industry projects running, worth US $100 million operating in the eastern hemisphere alone," he added.

"It is great for us to get exposure for the business, as Dubai has such a thriving and rapidly progressing oil and gas industry," said Cathy G. Mann, director of communications.

Related:
Companies
Join the Discussion

Disclaimer:The view expressed here by our readers are not necessarily shared by Arabian Business, its employees, sponsors or its advertisers.

Please post responsibly. Commenter Rules

  • No comments yet, be the first!

Enter the words above: Enter the numbers you hear:

All comments are subject to approval before appearing

Further reading

Features & Analysis
Petroleum producers shift attention from Middle East: Kemp

Petroleum producers shift attention from Middle East: Kemp

Following four decades of war, sanctions, nationalisation and...

Back in business

Back in business

Iran’s tankers are back on the oceans as sanctions on the Islamic...

A new future for Saudi Arabia?

A new future for Saudi Arabia?

The vast Wadd Al Shimal phosphate mine in the north of Saudi...

Most Discussed