Business news from Ukraine

Business news from Ukraine

US-Unternehmen Halliburton verkaufte Russland-Geschäft an lokales Management

Das US-Unternehmen Halliburton hat den Verkauf seiner russischen Niederlassung an das lokale Management vollzogen, teilte der Ölfelddienstleister am 9. September mit.
„Damit operiert Halliburton nicht mehr in Russland. Das in Russland angesiedelte Managementteam besitzt und betreibt nunmehr das Geschäft und die Vermögenswerte von Halliburton in Russland als OOO (GmbH) BurService, die von Halliburton unabhängig ist“, heißt es in der Mitteilung.
Halliburton hatte im März den Ausstieg aus dem Russland-Geschäft angekündigt. Im Juli verlautete, dass die Halliburton Co. im zweiten Quartal mit der Aufgabe des Geschäfts in Russland 344 Mio US-Dollar abgeschrieben habe.

, ,

U.S. OIL FIELD SERVICE COMPANY HALLIBURTON STOPS OPERATIONS IN RUSSIA

The U.S. oil field service company Halliburton Co. has announced an immediate suspension of future business in Russia in a statement published on the company website.

“The Company complies with sanctions that prohibit transactions and work, including for certain state-owned Russian customers. Halliburton will prioritize safety and reliability as we wind down our remaining operations in Russia,” the statement said.

Halliburton said it has no active joint ventures in Russia, while all shipments of specific sanctioned parts and products to Russia were halted several weeks ago.

“The war in Ukraine deeply saddens us. We have employees in both Ukraine and Russia, and the conflict greatly impacts our people, their families, and loved ones throughout the region. Since the start of this conflict, we prioritized employee safety and compliance with all relevant sanctions,” the statement quoted Halliburton Chairman, President and CEO Jeff Miller as saying.

Halliburton is the world’s second largest oil field service company and the largest U.S. supplier of oil industry equipment, which was cooperating with all major mineral developers of Russia, including Gazprom, Gazprom Neft, Rosneft and Lukoil.

U.S. HALLIBURTON STARTS DRILLING IN UKRAINE

Halliburton, an American oilfield services company, has launched a project to drill sidetracks from the inactive fund of JSC Ukrgazvydobuvannia.
According to the press service of the company, at the end of November Halliburton began work on a well on Chutovske field, which was decommissioned in 2016 due to a breakdown in the tubing. It is planned that work on the well will be certified at the end of January 2020, and by the end of the year production from the restored well will be 25 million cubic meters.
“Given the significant depletion of Ukrgazvydobuvannia’s resource base, the implementation of such projects will help keep the volume of natural decline in production. In total, as part of the joint project, Halliburton will carry out turnkey drilling of sidetracks on 26 wells. According to forecasts, additional production from operations will exceed 2 billion cubic meters over ten years,” the company said.
Ukrgazvydobuvannia, 100% of which is owned by Naftogaz Ukrainy, is the country’s largest gas producer, providing about 75% of the country’s total gas production.
Halliburton is the second largest oilfield services company in the world. At the end of 2018, the company’s revenue increased by 16%, to $24 billion.

,