US-based energy services provider, Halliburton has signed a Memorandum of Understanding (MoU) with the Egyptian Ministry of Petroleum & Mineral Resources (MoP) to support a specialised development programme for Egypt’s workforce in oil and gas sector.
The MoU, which aligns with the ministry’s Oil and Gas Modernisation Programme, is a collaborative agreement under which Halliburton will utilise its strength in human capital development to provide on-the-job training for Egyptians who show the potential to be future leaders in the oil and gas industry.
Additionally, the programme will be customised for select participants to enhance their capabilities and assist Egypt in its role as a leading regional oil and gas hub. Read more: Finding the necessary talent to lead off-grid markets
“We are excited to collaborate with the Ministry to improve the development of its local workforce,” said Halliburton chairman, President and CEO Jeff Miller.
Miller added: “We have a 50-year, established working relationship with Egypt, and this MoU is a testament to our ongoing commitment to the country and its efforts to build its presence in the oil and gas industry.”
Egypt’s Minister of Petroleum & Mineral Resources, Eng. Tarek El Molla, also commented: “As we embark on our Modernisation Programme to create a more conducive environment for business and investment in Egypt, one of the most important pillars of this effort is to build world-class human capital.”
“We believe Halliburton’s robust employee development experience will contribute greatly to positioning our local talent for success and sustaining the promising vision of our ministry.”