June 19, 2024

Halliburton bolsters local content in Africa

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Ilenre Irele

Multinational oil service company Halliburton in order to deepen activities in oil and gas industry, is inviting eligible local companies to submit an Expression of Interest, EOI, for the supply of goods and services across the oil and gas chain

With various categories available, the EOI is looking to assess local interests and capabilities, connecting players to oil and gas projects. Following submissions, a competitive bidding process will lead to the selection of preferred and alternative suppliers.

The African Energy Chamber, AEC, has given commendation to Halliburton for its commitment to give opportunities to local companies across the oil and gas value chain. Analysts are saying this step will lead to enhanced participation by African-based companies and service providers and is a testament to the role international companies can play in spearheading local content even in countries without a dedicated local content law in place.

The EOI encompasses categories supporting oil and gas operations, including machine repair and operation tools; oil, lubricants and tyers; lifting materials and accessories; welding and fabrication; calibration, certification and fuel; and many more. This not only supports participation by local players but strengthens supplier diversity, enabling Halliburton to draw competitive and strategic advantages from established relationships with local suppliers.

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