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Halliburton's major business segment is the Energy Services Group (ESG). KBR , a public company and former Halliburton subsidiary, is a major construction company of refineries , oil fields, pipelines , and chemical plants .
KBR and Halliburton also paid $177m USD in disgorgement of profits to the Securities and Exchange Commission (SEC) due a civil complaint filed by the SEC relating to the FCPA charges. [49] Former CEO Albert Jackson Stanley, who ran KBR when it was a subsidiary to Halliburton , was sentenced to 30 months in prison via plea agreement.
Cheney resigned as CEO of Halliburton on July 25, 2000. As vice president, he argued that this step, along with establishing a trust and other actions, removed any conflict of interest . [76] Cheney's net worth, estimated to be between $19 million and $86 million, [77] is largely derived from his post at Halliburton. [78]
Calling the oil services industry a huge disappointment in 2012 would be a gross understatement. This is despite the strong bets placed by many industry experts at the beginning of the year. Now ...
Halliburton , the Houston-based oilfield services company, had a stellar year, with shares up more than 40% in 2013. In the first nine months of 2013, the company generated revenue of $21.8 ...
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In 1998, Dresser merged with its main rival Halliburton. Halliburton sold many of former Dresser non "oil patch" divisions, retaining the M W Kellogg Engineering and Construction Company and the Dresser oil-patch products and services that complemented Halliburton's energy and natural resource businesses. In 2001 Halliburton sold five separate ...
Miller moved to Halliburton in 1997. During his early years at Halliburton, Miller worked in oil field operations in Venezuela, Angola, Indonesia, and Dubai. He moved to Houston in 2010 to assume executive roles in the company, including executive vice president and chief operating officer.