
Halliburton (NYSE: HAL) has signed an agreement with PETRONAS Carigali Sdn Bhd, the national oil company of Malaysia, for the evaluation and development of global shale resources.
This collaboration will enable PETRONAS Carigali to shorten its in-house capability development by leveraging on Halliburton’s technology and experience in the North America shale industry. Halliburton will work with PETRONAS Carigali to set up a Shale Technical Centre of Excellence in Kuala Lumpur.
Halliburton, experienced in all of the active major shale basins, is aggressively expanding its global infrastructure to support shale development outside of North America.
“One of the cornerstones of Halliburton’s strategy is to maintain leadership in unconventional plays,” said Jeff Miller, Halliburton’s senior vice president of Global Business Development and Marketing. “Expanding into the Asia Pacific market and providing the same quality level of service we already provide in North America fits into that strategy.”





