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
Saudi king keeps close hand on oil in remodelling strategic team

Saudi king keeps close hand on oil in remodelling strategic team

King is clearly laying the ground for a generational shift in...

Insider: Oil and gas sector in fear of hackers as cyber attacks surge 179%

Insider: Oil and gas sector in fear of hackers as cyber attacks surge 179%

Experts have put the vital industry on high alert as the threat...

Saudi Arabia adds to oil power with new refineries

Saudi Arabia adds to oil power with new refineries

Two state-of-the-art plants set to redefine Gulf kingdom's role...

Most Discussed