Nationalization of Workforce in Oilfield Service Company Takoradi, - - PowerPoint PPT Presentation

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Nationalization of Workforce in Oilfield Service Company Takoradi, Ghana 20 Nov 2019 FOR INTERNAL USE ONLY Halliburton Global Footprint Founded 1919 Employees 55,000* 140 Nationalities 140 TC TC TC TC Operational Countries 70 TCTC

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Nationalization of Workforce in Oilfield Service Company

Takoradi, Ghana 20 Nov 2019

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TCTC

T C

TC TC TC TC TC TC TC TC TC TC TC

Locations Technology Centers Corporate Headquarters

Halliburton Global Footprint

Founded

1919 55,000*

Operational Countries

70

Research Centers

15

Corporate Headquarters

Houston Dubai

Employees

140 140 Nationalities

*approximate estimate

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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 to the upstream petroleum service Industry

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Key Drivers

▪ Self-reliant ▪ Sustainable Growth ▪ Workforce Economics ▪ Talent Management ▪ Competitive Advantage ▪ Compliance

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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

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Challenges ▪ Lifecycle - Training & Localization - Align expectations ▪ Lack of highly qualified local workforce ▪ Contract duration ▪ Lack of mobility / Attrition ▪ Discontinuity – market conditions / cyclical

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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

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