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Thursday, July 01, 2004

Halliburton:Some Facts

If you plug two words in Google, Halliburton and Cheney, your computer screams corruption. The left has taken over Google when you try to do a search.

Decided to do a little research in to the company. Here, from its own website, is a little bit about Halliburton:

"About Halliburton

Founded in 1919, Halliburton is one of the world's largest providers of products and services to the oil and gas industries. The Company adds value through the entire lifecycle of oil and gas reservoirs and provides and integrates products and services, starting with exploration and development, moving through production, operations, maintenance, conversion and refining, to infrastructure and abandonment. Halliburton employs more than 100,000 people in over 120 countries working in five major operating groups:

Halliburton's Energy Services Group consists of four business segments:

? Drilling and Formation Evaluation
? Fluids
? Production Optimization
? Landmark and Other Energy Services.

These segments offer a broad array of products and services to upstream oil and gas customers worldwide, ranging from the manufacturing of drill bits and other downhole and completion tools and pressure pumping services to subsea engineering.

The Engineering and Construction Group, known as Kellogg Brown & Root (KBR), is Halliburton's fifth operating segment. It serves the energy industry by designing and building liquefied natural gas plants, refining and processing plants, production facilities and pipelines, both onshore and offshore. KBR's non-energy business meets the engineering and construction needs of governments and civil infrastructure customers. KBR also provides operations and maintenance for a wide variety of facilities. "

One very important fact: There are few companies who do what Halliburton does. This may explain the awarding of contracts far more than any supposed special interest from Dick Cheney.

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