Halliburton Company has signed an agreement to help develop middle management and young professional workers in Egypt.
The company signed a Memorandum of Understanding this week with the Egyptian Ministry of Petroleum and Mineral Resources. It means the company will be aligned with the ministry’s Oil and Gas Modernization Program, a collaborative agreement where Halliburton will use its strength in human capital development to provide on-the-job training for Egyptians who show potential to be leaders in the oil and gas industry.
Additionally, Halliburton will customize a development program for select participants to enhance their capabilities and assist Egypt in its role as a leading regional oil and gas hub.
“We are excited to collaborate with the Ministry to improve the development of its local workforce,” said Halliburton Chairman, President and CEO Jeff Miller. “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.”
“As we embark on our Modernization Program 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,” said H.E. Eng. Tarek El Molla, Egypt’s Minister of Petroleum & Mineral Resources. “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.”