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Oil & Gas

Halliburton to invest N$183m in Walvis Bay plant 

by editor
May 19, 2024
in Oil & Gas
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Halliburton Industries Limited (Halliburton) is set to invest N$183 million in the construction and operation of a liquid mud treatment and completion fluid plant (LMTP) at Berth 8 in the Port of Walvis Bay, Namibia.

The plant is expected to create up to 22 employment opportunities during peak operational periods.

The multinational corporation specialising in oil and gas exploration, drilling, and production services’ proposed project signifies its commitment to supporting the energy industry’s endeavours, particularly in offshore oil and gas exploration in southern Namibia.

The LMTP will serve as a pivotal facility, catering to the drilling and completion fluid needs of operators engaged in offshore exploration activities, while the strategic location at Berth 8 in the Port of Walvis Bay ensures convenient access to the region’s offshore oil and gas fields. 

Documents seen by Namibia Mining & Energy reveal that the LMTP will include a warehouse for storage and processing, a liquid bulk area for mixing and storage of drilling fluids, a dry bulk area for handling bulk materials essential to drilling activities, and a laboratory unit for quality control and engineering support.

The project’s implementation will unfold in three phases which include a pre-construction phase involving site selection and permitting, a construction phase spanning approximately six months, and an operational phase expected to last five years.

This comes as oil exploration company Rhino Resources Ltd awarded a Namibia deepwater integrated multi-well construction contract to Halliburton.

Under the agreement, Halliburton will provide complete solutions to construct exploration and appraisal wells, along with testing services.

Halliburton will also extend its country operation facilities to support all product service lines from Namibia to enhance collaboration and maximise asset value for Rhino Resources and Namibian customers.

Liquid mud plants and dry bulk plants are facilities commonly found in the oil and gas industry. 

Tags: energyHalliburton IndustriesNamibianamibia newsoilandgasoilexplorationRhino Resources LtdWalvis Bay

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