Founded in 1919, Halliburton celebrates its 100 years of service as one of the world's largest providers of products and services to the energy industry. With 60,000 employees, representing 140 nationalities in more than 80 countries, the company helps its customers maximize value throughout the lifecycle of the reservoir – from locating hydrocarbons and managing geological data, to drilling and formation evaluation, well construction and completion, and optimizing production ...read more
throughout the life of the asset..
Our Business
Halliburton comprises 14 product service lines (PSLs). The PSLs operate in two divisions: Drilling and Evaluation, and Completion and Production. Our Consulting and Project Management PSL works across both divisions and is the spearhead of our integrated-services strategy. Its financial results are included in the Drilling and Evaluation Division. PSLs are primarily responsible and accountable for strategy, technology development, process development, people development and capital allocation.
Sustainability
Sustainability is integral to our overall strategy as we seek to deliver long-term financial value while minimizing our environmental footprint and having a positive impact on society. This is expressed in our Guiding Principles for Sustainability.
Ethics and Integrity are the foundation for our Guiding Principles
Built on a solid foundation of ethics and integrity, the Halliburton Guiding Principles for Sustainability provide the framework for our operations and our future. To ensure that these principles guide every aspect of our decisions, plans and actions, we have matched each with a clearly defined intent.
Halliburton Community
Enhancing the economic and social well-being of the communities in which we operate is among our most enduring principles: Founder Erle P. Halliburton established a heritage of positive community impact through generous support for local charities and causes in his community. Today, the Company creates opportunities to benefit the communities where we live and work. Our commitment to good corporate citizenship is fundamental to creating sustained value for our Company, our stakeholders and the world.
Halliburton community work is centered on our four Pillars of Giving:
Education • Environment • Health and Safety • Social Service
Education
Each year, the Halliburton Foundation makes donations to U.S.-based elementary and secondary schools, colleges and universities through the University Advisory Board (UAB). We look at a variety of programs that demonstrate excellence in preparing students with advanced skills for the oil and gas industry, considering things such as opportunity for increased diversity within the STEM discipline, global perspective and creativity. Halliburton best leverages Foundation grant awards through such programs that encourage youth to pursue STEM studies, boost retention in technical disciplines and develop technical, business or leadership skills. At its discretion, the Foundation board of trustees also provides a limited number of grants to health and health-related charities. Halliburton reviews grant requests on a quarterly basis.
Environment
In 2018, Trees for Houston (a non-profit organization) was a recipient of money raised from the Halliburton Charity Golf Tournament. Trees for Houston also provided volunteers with 22 trees as part of its Trees for Schools program. Halliburton employees from the Applied Sciences teams in Cementing and Production Enhancement completed a community project with a North Houston elementary school, planting the crape myrtle and Monterrey oak trees around the school’s grounds.
Health and Safety
To support International Children’s Day, Dhahran-based employees visited King Fahd Specialist Hospital in Saudi Arabia to visit with children undergoing various cancer treatments and to show support for affected families. Employees distributed gifts and created drawings and paintings with the children. “This was a very special activity for us,” said Muzzammil Shakeel, a scientist in the Technology group who organized the outreach. “Halliburton has always played an impactful role in the community, and this initiative is part of our ongoing commitment to the communities where we live and work.”
Social Service
Halliburton employees in Duncan, Oklahoma, held a second annual Red Games. The Red Games are a series of wellness challenges in which our employees compete against one another. On behalf of the winning team, the Halliburton Charitable Foundation donated $10,000 to Gabriel’s House Academy, an organization that partners with local schools to provide a safe, affordable, and nurturing after-school environment for at-risk children of primary school age.
