Halliburton launches EOI opportunity to support Africa’s oil and gas industry, African Energy Chamber reports

According to the African Energy Chamber, Halliburton is inviting eligible local companies to submit an Expression of Interest (EOI) for the supply of goods and services across the oil and gas industry. With various categories available, the EOI aims 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) says that Halliburton’s EOI 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 will support various 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. The EOI also creates an in-roads for local service providers but supports national and local capabilities, stimulates economic growth and market expansion. Additionally, the EOI opportunities will cover associated support services such as car rentals; medical clinics; security services; IT hardware; office suppliers and merchandise branding; PPE and safety equipment; transportation; travel agencies; and more.

Other categories include logistics services; auditing; tax and advisory services; manufacturing; storage and electronics. This supports participation by companies that are not only directly active in the oil and gas industry but across the entire economic spectrum.Halliburton’s presence in Africa’s oil and gas sector. As the second-largest energy service company worldwide, Halliburton boasts a strong presence in Africa and is active in numerous large-scale oil and gas projects. The company also focuses on project sustainability.

In Namibia, Halliburton won a contract in 2024 for a deepwater multi-well construction project in Block 2914A. The company will provide solutions for the construction of exploration and appraisal wells from Q4, 2024 on.Meanwhile, in March 2023, the company made a return to Libya, winning a $1.4 billion contract with Honeywell to develop and oilfields and refinery for the country’s National Oil Corporation.

Following securing nine contracts by Woodside Energy for offshore oil and gas activities in Senegal, Halliburton has played an instrumental part in supporting the construction of the first phase of the Sangomar Oilfield Development – which is on track for first production in the coming weeks.Similar achievements have been made in Nigeria, where the company secured a $300 million deal with Shell Petroleum Development Company of Nigeria for a large-scale offshore gas project.

 In 2023, a Halliburton Nigeria production facility reached its 10 MMbbl milestone. Across all these developments, Halliburton’s commitment to local content has led to fruitful opportunities for communities.Through an established local content strategy, Halliburton is dedicated to not only creating value for clients regarding oil and gas projects but unlocking opportunities for the communities in which the company operates.

According to the African Energy Chamber, Halliburton’s local content strategy shows that companies do not need to wait for the requisite laws before they act: local content can form the base of operations despite a lack of policy.“While various countries have already implemented local content policies that support local participation in oil and gas developments, many nascent producers have yet to establish the relevant local content regulation.

Yet, companies such as Halliburton are proving that international service providers, project developers and investors can do a lot without a local content law. Halliburton is not only giving opportunities to local companies but is laying the foundation for a vibrant oil and gas landscape in Africa. Other international companies should learn from Halliburton’s local content strategy,” states NJ Ayuk, Executive Chairman of the AEC.