Halliburton.com has information about the services of the energy conglomerate
Halliburton Energy Services
Halliburton.com is the Official web portal for the Halliburton Energy Services. Formed in 1919 Halliburton is a global company that specializes in oil well site services, engineering, construction, technology and various other fields. Halliburton is a Fortune 500 company and is based in Houston Texas. It acquired Dresser industries in 1998.
CEO: David J. Lesar Stock Symbol: HAL Employees 106,000
Slogan: Unleash the energy TM
Services
Specific services provided by Halliburton for oil and gas reservoirs are fluid systems and production optimization. Vice President Dick Cheney retired from Halliburton in 2000 to campaign for the presidential elections and received a severance packaged of $34 million; Cheney still maintains ties with the corporation. Plans to move the headquarters to Dubai, in the United Arab Emirates (UAE) are in progress although corporate offices will still be available in the U.S.
Other services provided by the corporation are drilling, optimized computing services, pipeline & processing services, Reservoir testing and analysis, Sand control, service tools, well completions, well interventions, wireline and perforating, cementing and consulting services. They provide services for natural gas, deepwater mining and bringing old reservoirs back to life.
Specialization
The company also specializes in drilling, evaluation and digital solutions. Examples of products and services available are HyperCut hard rock bits and the DeepQuest service, which is a weighted fluid system. It also produces stimulations and software products like 3D Drill View KM to aid in exploration and reservoir activities. It lost close to 900 per million per in 2002, 2003 and 2004 due to asbestos related costs from it’s Kellogg Brown and Root division which was formed after it’s acquisition of Dresser industries.
Website
Halliburtion.com provides live online web casts of conferences and events useful for investors in their investors section as well as up to date stock price information. Website visitors and investors have access to contact information and press releases and articles. Organized in 1965 the Halliburton Foundation provides community outreach effort through educational donations to all levels of educational institutions including middle schools, colleges and universities. Other community outreach efforts involve employee volunteer-ship programs in various locations nationally and internationally.
Revenue
Halliburton Energy Services is expected to have made roughly $13 billion through Iraq oil contracts but the corporation and Dick have experienced much controversy concerning the Iraq contracts. Specifically, there are allegations of a conflict of interest between HES and Cheney due to his large number of stock options and accusations of Halliburton profiting from the war and doing so fraudulently. It has also suffered employee losses due to Iraqi insurgent attacks. Corporate revenue for Halliburton in 2006 was 22.6 billion with a net income of 2.3 billion.
Environmental Policies
As with similar corporations the company endeavors to maintain environmental safety standards for its products, services and employees with its HSE policies (Health, safety and Environment). It provides safety statistics on its website and also the code of conduct information. World wide career opportunities at Halliburton are featured at the Halliburton.jobs section of their website including jobs in the United States and Canada
Languages
English
Address
- 2101 City W Blvd, 2.527A
- Houston TX 77042 US
Additional Information
Related Domains
External Links
- Stock: HAL
- Alexa: Halliburton.com
