Halliburton to resume its Libya activities due to improved security: Sirte Oil Company

August 29, 2019

Oil services giant Halliburton plans to resume its activities in Libya, Sirte Oil Company (SOC) claimed in a statement today.

The statement came after SOC Chairman Naji Ahfaf, Chairman met Colby Fuser, Vice President of Halliburton Petroleum Services, and Mr. Moataz Yousef, General Manager of Halliburton Libya, at SOC offices today.

During the wide-ranging meeting held between the two companies, ways for Halliburton to return to its activities and resume its business in the field of oil services were discussed, SOC reported.

SOC also reported that Halliburton had ‘‘confirmed its intention to participate during the year in the company’s business after the stability of the security situation in the company’s (SOC) areas of operations.

“The resumption of Halliburton’s business is a good opportunity and we are excited about this and look forward to the resumption of Halliburton’s activity in Libya and cooperation in the field of oil services,” Colby Fuser was quoted to have said by SOC’s Information Office.

The stability of the security situation in the company’s oil fields is an important factor encouraging the return of foreign companies to resume their activities, particularly major international companies, SOC added.

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