Halliburton Completes Acquisition of Multi-Chem Group (USA)

Halliburton announced that it has completed the acquisition of Multi-Chem Group LLC.

Initially announced in September, the acquisition further strengthens Halliburton’s total offering while improving its competitiveness in a rapidly expanding global business. Multi-Chem is the fourth-largest provider of production chemicals in North America, delivering specialty chemicals, services and solutions that help oil and gas companies develop their resources in more than 30,000 oil and natural gas wells around the world.

About Halliburton

Founded in 1919, Halliburton is one of the world’s largest providers of products and services to the energy industry. With more than 60,000 employees in approximately 80 countries, the company serves the upstream oil and gas industry throughout the lifecycle of the reservoir – from locating hydrocarbons and managing geological data, to drilling and formation evaluation, well construction and completion, and optimizing production through the life of the field.

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Source: Halliburton, October 04 , 2011