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FOR INTERNAL USE ONLY Nationalization of Workforce in Oilfield Service Company Takoradi, Ghana 20 Nov 2019
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Nationalization of Workforce in Oilfield Service CompanyHalliburton Global Footprint Founded 1919 55,000* Operational Countries 70 Research Centers 15 Corporate Headquarters Houston

Aug 19, 2020

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Page 1: Nationalization of Workforce in Oilfield Service CompanyHalliburton Global Footprint Founded 1919 55,000* Operational Countries 70 Research Centers 15 Corporate Headquarters Houston

FOR INTERNAL USE ONLY

Nationalization of Workforce in Oilfield

Service Company

Takoradi, Ghana

20 Nov 2019

Page 2: Nationalization of Workforce in Oilfield Service CompanyHalliburton Global Footprint Founded 1919 55,000* Operational Countries 70 Research Centers 15 Corporate Headquarters Houston

2FOR INTERNAL USE ONLY

TCTCT

CTC

TC

TCTC TC

TCTC

TC

TC

TC

TC

TC

Locations

Technology Centers

Corporate Headquarters

Halliburton Global Footprint

Founded

1919

55,000*

Operational Countries

70

Research Centers

15Corporate Headquarters

HoustonDubai

Employees

140 Nationalities

*approximate estimate

Page 3: Nationalization of Workforce in Oilfield Service CompanyHalliburton Global Footprint Founded 1919 55,000* Operational Countries 70 Research Centers 15 Corporate Headquarters Houston

3FOR INTERNAL USE ONLY

Nationalization

▪ Develop job appropriate competencies and transfer knowledge to the Ghanaian employees

▪ Recruiting

▪ Training & Development

▪ Retention

▪ Succession Planning

▪ Knowledge Transfer / Continuous Learning

▪ Long term commitment to develop efficient and highly skilled Ghanaian workforce delivering value tothe upstream petroleum service Industry

Page 4: Nationalization of Workforce in Oilfield Service CompanyHalliburton Global Footprint Founded 1919 55,000* Operational Countries 70 Research Centers 15 Corporate Headquarters Houston

4FOR INTERNAL USE ONLY

Key Drivers

▪ Self-reliant

▪ Sustainable Growth

▪ Workforce Economics

▪ Talent Management

▪ Competitive Advantage

▪ Compliance

Page 5: Nationalization of Workforce in Oilfield Service CompanyHalliburton Global Footprint Founded 1919 55,000* Operational Countries 70 Research Centers 15 Corporate Headquarters Houston

5FOR INTERNAL USE ONLY

Halliburton Ghana Limited

▪ First Ghanaian national hired in 2011

▪ JV created in 2015

▪ 70%+ nationalization

▪ 40% employees over 5+ years

▪ Leadership roles – Country / Area / Region

▪ Diversity focus

Page 6: Nationalization of Workforce in Oilfield Service CompanyHalliburton Global Footprint Founded 1919 55,000* Operational Countries 70 Research Centers 15 Corporate Headquarters Houston

6FOR INTERNAL USE ONLY

Challenges

▪ Lifecycle - Training & Localization - Align expectations

▪ Lack of highly qualified local workforce

▪ Contract duration

▪ Lack of mobility / Attrition

▪ Discontinuity – market conditions / cyclical

Page 7: Nationalization of Workforce in Oilfield Service CompanyHalliburton Global Footprint Founded 1919 55,000* Operational Countries 70 Research Centers 15 Corporate Headquarters Houston

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The way ahead

▪ Work with PC on business imperatives and regulatory requirements to meet /

exceed localization targets

▪ Intensify training of Ghanaians - Build capacity & Localise training

▪ Continue to collaborate with PC, GNPC, Operators and academia

▪ Robust monitoring of succession planning, fast track hi-performers

▪ Focus on employee retention, motivation and empowerment

▪ Identify and facilitate the capacity building of selected technical and vocational

institutions

Page 8: Nationalization of Workforce in Oilfield Service CompanyHalliburton Global Footprint Founded 1919 55,000* Operational Countries 70 Research Centers 15 Corporate Headquarters Houston

8FOR INTERNAL USE ONLY