Halliburton's $100m Saudi chemical plant nearing completion
Global energy giant Halliburton is building its first plant in the region at King Salman Energy City (Spark) in Saudi Arabia, at an investment of $100 million, said a report. Work on the project is nearing completion and production will begin in Q1 2022.
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Halliburton, one of the world's largest oil field service companies, is building its first plant in the Middle East region at King Salman Energy City (Spark) in Jubail at an investment of over $100 million, said a report.
The work on the first reactor plant for the manufacture of chemicals coming up in Saudi Arabia is nearing completion and the production is likely to begin in the first quarter of 2022, through the manufacture of specialized chemicals locally, reported Arab News citing sources.
The plant has the capacity to manufacture broad slabs of chemicals for engineering processing programs for stimulation, production, transportation, storage and exploration, it added.
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