Halliburton Company is an American multinational corporation. One of the world's largest oil field service companies, it has operations in more than 70 countries. It owns hundreds of subsidiaries, affiliates, branches, brands, and divisions worldwide and employs approximately 55,000 people.
|Industry||Oilfield services & equipment|
|Founded||1919Duncan, Oklahoma, U.S., in|
|Founder||Erle P. Halliburton|
|Headquarters||Houston Center, Houston, Texas, U.S.|
|Products||Products and services to the energy industry|
|Revenue||US$ 23.995 billion (2018)|
|US$ 2.467 billion (2018)|
|US$ 1.656 billion (2018)|
|Total assets||US$ 25.085 billion (2017)|
|Total equity||US$ 8.349 billion (2017)|
Number of employees
|Footnotes / references|
Halliburton's major business segment is the Energy Services Group (ESG). It offers a broad array of products and services to upstream oil and gas customers worldwide through fourteen product service lines: Artificial Lift, Cementing, Completion Tools, Multi-Chem, Pipeline & Process Services, Production Enhancement, Production Solutions, Baroid, Drill Bits & Services, Landmark Software & Services, Sperry Drilling, Testing & Subsea, Wireline & Perforating, and Consulting & Project Management. Halliburton's former subsidiary, KBR, is a major construction company of refineries, oil fields, pipelines, and chemical plants. Halliburton announced on April 5, 2007 that it had sold the division and severed its corporate relationship with KBR, which had been its contracting, engineering and construction unit as a part of the company.
The company has been involved in numerous controversies, including its involvement with Dick Cheney and the Iraq War, and the Deepwater Horizon, for which it agreed to settle outstanding legal claims against it by paying litigants $1.1 billion.
KBR, one of Halliburton's subsidiaries at the time, paid bribes to high-ranking Nigerian officials between 1994 and 2004. Under a deal reached with the U.S. Justice Department, Halliburton has agreed to pay $382 million to settle the bribery case.
Jeff Miller was promoted to President of Halliburton on August 1, 2014, and CEO on June 1, 2017, replacing Dave Lesar.
U.S. regional office locations are Anchorage, Alaska; Bakersfield, California; Denver, Colorado; New Iberia, Louisiana; Houma, Louisiana; New Orleans, Louisiana; Shreveport, Louisiana; Lafayette, Louisiana; Oklahoma City, Oklahoma; Zanesville, Ohio; Artesia, New Mexico; Farmington, New Mexico; Hobbs, New Mexico; Naples, Utah; Carrollton, Texas; Alvarado, Texas; Fort Worth, Texas; Odessa, Texas; San Antonio, Texas, Fort Lupton, Colorado; Grand Junction, Colorado; Williston, North Dakota; Evansville Wyoming; Rock Springs, Wyoming
Major international offices are in Canada, Mexico, Venezuela, Colombia, Argentina, Panama, Bolivia, Brazil, Ecuador, Algeria, Angola, Egypt, Gabon, Nigeria, Cameroon, Republic of Congo, Libya, Austria, New Zealand, Germany, Italy, Netherlands, Norway, United Kingdom, France, Spain, Australia, Russia, China, India, Iran, Thailand, Malaysia, Indonesia, Vietnam, Japan, Singapore, Pakistan, U.A.E., Oman, Yemen, Saudi Arabia, Iraq and Kuwait.
Energy services (the company's historical cornerstone), formation evaluation, digital and consulting solutions, production volume optimization, and fluid systems are the major business segments. These businesses continue to be profitable, and the company is one of the world's largest players in these service industries; it is second after Schlumberger, and is followed by Saipem, Weatherford International, and Baker Hughes.
With the acquisition of Dresser Industries in 1998, the Kellogg-Brown & Root division (in 2002 renamed to KBR) was formed by merging Halliburton's Brown & Root (acquired 1962) subsidiary and the M.W. Kellogg division of Dresser (which Dresser had merged with in 1988). KBR is a major international construction company that works in an industry that tends to have an element of volatility and is subject to significant fluctuations in revenue and profit. Asbestos-related litigation from Kellogg acquisition caused the company to book more than US$4.0 billion in losses from 2002 through 2004.
As a result of the asbestos-related costs and staggering losses on the Barracuda Caratinga FPSO construction project based in Rio de Janeiro, Brazil, Halliburton lost approximately $900 million U.S. a year from 2002 through 2004. A final non-appealable settlement in the asbestos case was reached in January 2005 which allowed Halliburton subsidiary KBR to exit Chapter 11 bankruptcy and returned the company to quarterly profitability. While Halliburton's revenues have increased because of its contracts in the Middle East, the overall impact on its bottom line has been mixed.
At a meeting for investors and analysts in August 2004, a plan was outlined to divest the KBR division through a possible sale, spin-off or initial public offering. Analysts at Deutsche Bank valued KBR at up to $2.15 billion, while others believed it could be worth closer to $3 billion by 2005. KBR became a separately listed company on April 5, 2007.
Early history (as HOWCO)Edit
In 1920, he brought a wild gas well under control, using cement, for W.G. Skelly, near Wilson, Oklahoma. On March 1, 1921, the Halliburton "method and means of excluding water from oil wells" was assigned a patent from the U.S. Patent Office. Halliburton invented the revolutionary cement jet mixer, to eliminate hand-mixing of cement, and the measuring line, a tool used to guarantee cementing accuracy. By 1922, the Halliburton Oil Well Cementing Company (HOWCO) was prospering from the Mexia, Texas oil boom, having cemented its 500th well in late summer.
In 1924, the company was incorporated in Delaware, with 56 people on its payroll. The stock of the corporation was owned by Erle and Vida Halliburton and by seven major oil companies: Magnolia, Texas, Gulf, Humble, Sun, Pure and Atlantic.
Throughout the 1930s and 1940s, Halliburton continued cementing across America. In 1938, Halliburton cemented its first offshore well using a truck on a barge off the Louisiana coast. In 1940, Halliburton opened offices in Venezuela and introduced bulk handling of cementing to the industry. In 1947, the Halliburton first marine cementing vessel went into service.
In 1951, Halliburton first appeared in Europe as Halliburton Italiana SpA, a wholly owned subsidiary in Italy. Over the next seven years, Halliburton launched Halliburton Company Germany GmbH, set up operations in Argentina and established a subsidiary in England. By 1951, HOWCO had service centers operating in Canada, Venezuela, Peru, Colombia, Saudi Arabia and Indonesia. Halliburton revenues topped $100 million for the first time in 1952.
Erle P. Halliburton died in Los Angeles in 1957. HOWCO is at this time worth $190 million with camps all over the world. The same year, HOWCO purchased Welex, which pioneered jet perforation. Otis Engineering, an oil field service and equipment company specializing in manufacturing pressure control equipment for oil and gas producing wells, was acquired in 1959.
On July 5, 1961, the company changed its name to the Halliburton Company. In 1963, Halliburton was the first company in Oklahoma to receive the Presidential "E" for Export flag in recognition of notable contributions to foreign trade.
Halliburton opened a 500,000 sq ft (46,000 m2) manufacturing center in Duncan, Oklahoma, in 1964. The company began to experiment with new technologies to help their services – for example, beginning in 1965 a pilot operation of a computer network system – the first such installation in the oilfield services industry. In 1966, workers broke ground for a new wing at the Research Center in Duncan that tripled the available space for the Chemical Research and Design Department.
In 1968, an automated mixing system for drilling mud was developed by Halliburton, primarily for use offshore. Gearhart Industries (acquired by Halliburton Energy Services in 1989) introduced the first digital computer logging system in 1974.
In 1975, it responded to environmental concerns by working with the nonprofit Clean Gulf Associates to contain and clean up oil spills. In 1976, Halliburton established the Halliburton Energy Institute in Duncan, Oklahoma, to provide an industry forum for disseminating technical information.
In 1980, Halliburton Research Center opened in Duncan, Oklahoma. The company's billionth sack of cement for customers was pumped in 1983. In 1989, Halliburton acquired logging and perforating specialist company Gearhart Industries and combined it with its subsidiary Welex to form Halliburton Logging Services.
Throughout the 1980s, Halliburton's subsidiaries continued their projects around the world (under management of former CEO Brian Darcy) even in countries once considered enemies. Equipment was provided for the first multiwell platform offshore China, and an Otis Engineering team controlled a gigantic Tengiz field blowout in the Soviet Union.
Following the end of Operation Desert Storm in February 1991, the Pentagon, led by then defense secretary Dick Cheney, paid Halliburton subsidiary Brown & Root Services over $8.5 million to study the use of private military forces with American soldiers in combat zones. Halliburton crews also helped bring 725 burning oil wells under control in Kuwait.
In the early 1990s, Halliburton was found to be in violation of federal trade barriers in Iraq and Libya, having sold these countries dual-use oil drilling equipment and, through its former subsidiary, Halliburton Logging Services, sending six pulse neutron generators to Libya. After having plead guilty, the company was fined $1.2 million, with another $2.61 million in penalties.
During the Balkans conflict in the 1990s, Kellogg Brown-Root (KBR) supported U.S. peacekeeping forces in Bosnia and Herzegovina, Croatia and Hungary with food, laundry, transportation, and other life-cycle management services.
In 1998, Halliburton merged with Dresser Industries, which included Kellogg. Prescott Bush was a director of Dresser Industries, which is now part of Halliburton; his son, former president George H. W. Bush, worked for Dresser Industries in several positions from 1948 to 1951, before he founded Zapata Corporation.
The Wall Street Journal reported in 2001 that a subsidiary of Halliburton Energy Services called Halliburton Products and Services Ltd. (HPS) opened an office in Tehran. The company, HPS, operated on the ninth floor of a new north Tehran tower block. Although HPS was incorporated in the Cayman Islands in 1975 and is "non-American", it shares both the logo and name of Halliburton Energy Services and, according to Dow Jones Newswires, offers services from Halliburton units worldwide through its Tehran office. Such behavior, undertaken while Cheney was CEO of Halliburton, may have violated the Trading with the Enemy Act. A Halliburton spokesman, responding to inquiries from Dow Jones, said "This is not breaking any laws. This is a foreign subsidiary and no U.S. person is involved in this. No U.S. person is facilitating any transaction. We are not performing directly in that country." Later David Lesar would book his own flights to the Tehran office through the UK arm of KBR. No legal action has been taken against the company or its officials.
In November 2002, KBR was tasked to plan oil well firefighting in Iraq, and in February 2003 was issued a contract to conduct the work. Critics contend that it was a no-bid contract, awarded due to Dick Cheney's position as vice president. Concern was also expressed that the contract could allow KBR to pump and distribute Iraqi oil. Others contend, however, that this was not strictly a no-bid contract, and was invoked under a contract that KBR won "in a competitive bid process." The contract, referred to as LOGCAP, is a contingency-based contract that is invoked at the convenience of the Army. Because the contract is essentially a retainer, specific orders are not competitively bid (as the overall contract was).
In May 2003, Halliburton revealed in SEC filings that its KBR subsidiary had paid a Nigerian official $2.4 million in bribes in order to receive favorable tax treatment., United Arab Emirates In October 2004, after emerging from the bankruptcy protection, Halliburton opened a new 250,000-square-foot (23,000 m2) facility on 35 acres (140,000 m2), replacing an older facility that opened in 1948, in Rock Springs, Wyoming. With over approximately 500 employees, Halliburton is one of the largest private employers in Sweetwater County.
On January 24, 2006, Halliburton's subsidiary KBR (formerly Kellogg, Brown and Root) announced that it had been awarded a $385 million contingency contract by the Department of Homeland Security to build "temporary detention and processing facilities" or internment camps. According to Business Wire, this contract will be executed in cooperation with the U.S. Army Corps of Engineers, Fort Worth District. Critics point to the Guantanamo Bay detention camp as a possible model. According to a press release posted on the Halliburton website, "The contract, which is effective immediately, provides for establishing temporary detention and processing capabilities to augment existing Immigration and Customs Enforcement (ICE) Detention and Removal Operations (DRO) Program facilities in the event of an emergency influx of immigrants into the U.S., or to support the rapid development of new programs. The contingency support contract provides for planning and, if required, initiation of specific engineering, construction and logistics support tasks to establish, operate and maintain one or more expansion facilities."
In February 2008, a hard disk and two computers containing classified information were stolen from Petrobras while in Halliburton's custody. Allegedly, the content inside the stolen material was data on the recently discovered Tupi oil field. Initial police inquiries suggest that it could be a common container theft operation. The container was a ramshackle in complete disorder indicating that thieves were after "valuables and not only laptops," said an expert consulted by the daily newspaper Folha de S. Paulo.
On May 14, 2010, President Barack Obama said in an interview with CNN that "you had executives of BP and Transocean and Halliburton falling over each other to point the finger of blame at somebody else" when referring to the congressional hearings held during the Deepwater Horizon oil spill. "The American people could not have been impressed with that display, and I certainly wasn't." According to Tim Probert, executive vice president of Halliburton, "Halliburton, as a service provider to the well owner, is contractually bound to comply with the well owner's instructions".
It was anticipated that Halliburton's $2.5 billion "Restore Iraqi Oil" (RIO) contract would pay for itself as well as for reconstruction of the entire country. Plans called for more oil to be exported from Iraq's northern oil fields than actually occurred. Halliburton's work on the pipeline crossing the Tigris river at Al Fatah has been called a failure. Critics claim that the oil fields are barely usable and access to international markets is severely limited. As an example, against the advice of its own experts, Halliburton attempted to dig a tunnel through a geological fault zone. The underground terrain was a jumble of boulders, voids, cobblestones, and gravel and not appropriate for the kind of drilling Halliburton planned. "No driller in his right mind would have gone ahead," said Army geologist Robert Sanders when the military finally sent people to inspect the work.
Proposed acquisition of Baker HughesEdit
On November 17, 2014 Halliburton and Baker Hughes jointly announced a definitive agreement under which Halliburton will, subject to the conditions set forth in the agreement, acquire Baker Hughes in a stock and cash transaction valued at $34.6 billion. A press release made available on the former's website, as at December 11, 2014 detailed the restructuring in the integration to follow. The firm announced it would acquire Baker Hughes for around $35 billion in cash and stock, creating an oilfield services company that aims to compete with Schlumberger. Prior to the merger of Baker Hughes and Halliburton, Halliburton must divest over $5 billion of its assets according to the regulations created by US competition enforcement authorities. The merger had a deadline of the end of April 2016 after which, if a decision had not been made, both companies could walk away from the deal if they chose. At the beginning of May 2016, the day after the deadline expired, Halliburton and Baker Hughes announced the termination of the merger agreement.
Halliburton has become the object of several controversies involving the Iraq War and the company's ties to former U.S. Vice President Dick Cheney. Cheney retired from the company during the 2000 U.S. presidential election campaign with a severance package worth $36 million. As of 2004, he had received $398,548 in deferred compensation from Halliburton while Vice President. Cheney was chairman and CEO of Halliburton Company from 1995 to 2000 and has received stock options from Halliburton.
In the run-up to the Iraq War, Halliburton was awarded a $7 billion contract for which only Halliburton was allowed to bid. Under U.S. law, the government uses single-bid contracts for a number of reasons, to include when in the view of the government, only one organization is capable of fulfilling the requirement.
Bunnatine Greenhouse, a civil servant with 20 years of contracting experience, had complained to Army officials on numerous occasions that Halliburton had been unlawfully receiving special treatment for work in Iraq, Kuwait and the Balkans. Criminal investigations were opened by the U.S. Justice Department, the Federal Bureau of Investigation (FBI) and the Pentagon's inspector general. These investigations found no wrongdoing within the contract award and execution process.
In one of Greenhouse's claims, she said that military auditors caught Halliburton overcharging the Pentagon for fuel deliveries into Iraq. She also complained that Defense Secretary Donald Rumsfeld's office took control of every aspect of Halliburton's $7 billion Iraqi oil/infrastructure contract. Greenhouse was later demoted for poor performance in her position. Greenhouse's attorney, Michael Kohn portrayed her performance reviews as punishment for criticizing the administrations, he stated in The New York Times that "she is being demoted because of her strict adherence to procurement requirements and the Army's preference to sidestep them when it suits their needs."
Deepwater Horizon explosionEdit
On September 8, 2010, an internal report released by BP into the Deepwater Horizon explosion claimed that poor practices of Halliburton staff had contributed to the disaster. Investigations carried out by the National Commission on the BP Deepwater Horizon Oil Spill and Offshore Drilling found that Halliburton was jointly at fault along with BP and Transocean for the spill. The concrete that Halliburton used was an unstable mixture, and eventually caused hydrocarbons to leak into the well, causing the explosion that started the crisis.
Halliburton pleaded guilty to destroying evidence after the April 2010 Deepwater Horizon disaster; the company destroyed computer simulations it performed in the months after the accident, simulations that contradicted Halliburton's claim that it was BP who had not followed Halliburton's advice. BP had employed Halliburton to oversee the process by which cement is used to seal casing in oil and gas wells, thereby preventing leaks. Government investigators had ordered companies involved in drilling the well to preserve all relevant evidence.
Allegations of corruption in NigeriaEdit
In early December 2010, the Nigerian government filed corruption charges against Cheney in connection with his role as the chief executive of Halliburton. The case relates to an alleged $182 million contract involving a four-company joint venture to build a liquefied natural gas plant on Bonny Island in southern Nigeria. Earlier in 2009, KBR, a former subsidiary of Halliburton, agreed to pay $402 million after admitting that it bribed Nigerian officials, and Halliburton paid $177 million to settle allegations by the U.S. Securities and Exchange Commission without admitting any wrongdoing. In mid-December 2010, the case was settled when Nigeria agreed to drop the corruption charges against Cheney and Halliburton in exchange for a $250 million settlement. According to Femi Babafemi, the spokesperson for the Economic and Financial Crimes Commission, the $250 million would include approximately $130 million frozen in a Swiss bank, and the rest would be paid as fines.
The Federal Contractor Misconduct Database details 10 instances of misconduct since 1995 under which Halliburton has agreed to pay settlements of $791 million. A further 22 instances of misconduct relate to the company's former subsidiary KBR.
In 2002, Toxics Release Inventory (TRI) reports were completed to measure the amount of chemicals emitted from Halliburton's Harris County, Texas facility. The TRI is a publicly available EPA database that contains information on toxic chemical releases and waste management activities reported annually by certain industries as well as federal facilities. The facility had 230 TRI air releases in 2001 and 245 in 2002.
Halliburton may also be implicated in the oil spills in the Timor Sea off Australia in August 2009 and in the Gulf of Mexico in April 2010 for improper cementing. Halliburton staff were employed on the Transocean operated Deepwater Horizon oil rig in the Mexican Gulf. Halliburton staff completed cementation of the final production well 20 hours prior to the Deepwater Horizon drilling rig explosion, but had not yet set the final cement plug.
In July 2013, Halliburton Co agreed to plead guilty to charges that it destroyed evidence relating to the 2010 Deepwater Horizon oil spill. This incurred a $200,000 fine; the firm also agreed to three years of probation and to continue cooperating with the criminal probe into the spill. In September 2014, the company agreed to pay $1.1 billion in damages to settle the majority of claims against it relating to the explosion, removing the uncertainty which had hung over the company for the previous four years
Jamie Leigh Jones incidentEdit
Jamie Leigh Jones testified at a Congressional hearing that she had been gang-raped by as many as seven co-workers in Iraq in 2005 when she was an employee of KBR, and then falsely imprisoned in a shipping container for 24 hours without food or drink. KBR was a subsidiary of Halliburton at the time. Jones and her lawyers said that 38 women have contacted her reporting similar experiences while working as contractors in Iraq, Kuwait, and other countries. On September 15, 2009, the 5th Circuit Court of Appeals ruled in favor of Halliburton, in a 2 to 1 ruling, and found that her alleged injuries were not, in fact, in any way related to her employment and thus, not covered by the contract. This decision effectively meant that the mandatory arbitration clause in her contract did not apply.
These incidents have tainted the public perception of Halliburton, with a consumer study rating it as the 5th least reputable company in America.
Sale of KBREdit
On April 15, 2006, Halliburton filed a registration statement with the Securities and Exchange Commission to sell up to 20 percent of its KBR stock on the NYSE under the ticker symbol "KBR", as part of an eventual plan for KBR to be a separate company from Halliburton.
In November 2006, Halliburton began selling its stake in KBR, its major subsidiary, and by February 2007 had completely sold off the subsidiary. In June 2007, several days after Stewart Bowen, the Special Inspector General, released a new report, the Army announced that KBR would share another $150 billion contract with two other contractors, Fluor and Dyncorp, over the next 10 years.
In accordance with the law of armed conflict and to maintain non-combatant status, Halliburton does not arm its truck drivers. Trucks are often the target of insurgent attacks. On September 20, 2005, a convoy of four Halliburton trucks was ambushed north of Baghdad. All four trucks were struck by improvised explosive devices and were disabled. Their US National Guard escort was thought to have abandoned the disabled vehicles, leaving the drivers defenseless. Three of the four truck drivers were killed by the insurgents while the surviving driver caught the event on video. Although the trucks had military camouflage paint, the drivers were civilian. The US military returned to the scene 45 minutes later. However, in a statement by senior military officials in Iraq, an investigation revealed that troops did not abandon the civilians and they were all exiting the "kill zone" during the ambush.
On March 31, 2003, Management at Halliburton restated earnings downward by $14 million for the fourth quarter of 2002. In the restatement, an additional $3 million expense (net of tax) to continuing operations and an $11 million expense, net of tax, to discontinued operations were recorded. In March 2, 2005, Halliburton restated its 2004 fourth-quarter earnings to add $2 million US in after-tax losses to reflect the collection of a $10 million receivable that had been reserved and a correction in lease accounting.
As of Halliburton's latest form 10-K filings with the SEC, Exhibit 21.1 lists the following as subsidiaries of Halliburton Co.:
- Baroid International Trading, LLC (United States, Delaware)
- BITC Holdings (US) LLC (United States, Delaware)
- Halliburton (Barbados) Investments SRL (Barbados)
- Halliburton Affiliates, LLC (United States, Delaware)
- Halliburton AS (Norway)
- Halliburton Brazil Holdings B.V. (Netherlands)
- Halliburton Canada Corp. (Canada, Alberta)
- Halliburton Canada Holdings B.V. (Netherlands)
- Halliburton Canada Holdings, LLC (United States, Delaware)
- Halliburton Canada ULC (Canada, Alberta)
- Halliburton de Mexico, S. de R.L. de C.V. (Mexico)
- Halliburton Energy Services, Inc. (United States, Delaware)
- Halliburton Far East Pte Ltd (Singapore)
- Halliburton Global Affiliates Holdings B.V. (Netherlands)
- Halliburton Group Canada (Canada)
- Halliburton International, Inc. (United States, Delaware)
- Halliburton International Holdings (Bermuda)
- Halliburton B.V. (Netherlands)
- Halliburton Latin America S.A., LLC (United States, Delaware)
- Halliburton Logging Services (Asia)
- Halliburton Luxembourg Holdings S.à r.l. (Luxembourg)
- Halliburton Luxembourg Intermediate S.à r.l. (Luxembourg)
- Halliburton Norway Holdings C.V. (Netherlands)
- Halliburton Operations Nigeria Limited (Nigeria)
- Halliburton Overseas Limited (Cayman Islands)
- Halliburton Partners Canada ULC (Canada, Alberta)
- Halliburton Servicos Ltda. (Brazil)
- Halliburton U.S. International Holdings, Inc. (United States, Delaware)
- Halliburton Worldwide GmbH (Switzerland)
- HES Corporation (United States, Nevada)
- HES Holding, Inc. (United States, Delaware)
- HESI Holdings B.V. (Netherlands)
- Kellogg Energy Services, Inc. (United States, Delaware)
- Landmark Graphics Corporation (United States, Delaware)
- Oilfield Telecommunications, LLC. (United States, Delaware)
- Halliburton de Venezuela. (Venezuela, Maturin)
Halliburton was headquartered in Dallas, Texas from 1961 to 2003. The company moved its headquarters from the Southland Life Building in Dallas to 50,648 square feet (4,705.4 m2) of space in Lincoln Plaza in Downtown Dallas in 1985. 20 employees worked in Halliburton's headquarters in Dallas.
Halliburton planned to move its headquarters to Houston in 2002. Halliburton, which signed its lease to occupy a portion of 5 Houston Center in Downtown Houston in 2002, moved its headquarters there by July 2003. Halliburton occupied 26,000 square feet (2,400 m2) of space on the 24th floor in 5 Houston Center.
In 2009 Halliburton announced that it planned to move its headquarters to the North Belt Campus in Houston. In addition it planned to consolidate operations at its Westchase and North Belt Campus. The move occurred in 2009. The 90 acres (36 ha) North Belt complex will house 2,500 employees. Halliburton planned to add a research and development facility with laboratories, a new cafeteria, a childcare center, two additional parking garages, and fitness and wellness centers for employees. The plans for the North Belt Campus had been delayed by one year, and Halliburton expects completion in 2013. The construction of the North Belt administration building is scheduled to begin in late 2010.
According to Marilyn Bayless, the president of the North Houston Greenspoint Chamber of Commerce, in 2003 Halliburton had planned to move operations out of the North Belt office because other area school districts offered the freeport tax exemptions while the Aldine Independent School District (AISD), where the North Belt office is located, did not. In order to attract businesses, in May 2003, AISD began offering the same tax exemption as other jurisdictions. Subsequently, Halliburton retained the North Belt office.
Halliburton engages 3rd party political lobbyists in jurisdictions where it holds interests. For example, in South Australia it engages GRACosway.
- Manufacturing Today Archived May 24, 2013, at the Wayback Machine
- "Company Profile for Halliburton Co (HAL)". Archived from the original on January 13, 2009. Retrieved October 6, 2008.
- "Encyclopedia of Oklahoma History & Culture". Digital.library.okstate.edu. Archived from the original on October 18, 2010. Retrieved December 19, 2010.
- "Halliburton CEO to retire next month, be replaced by Jeff Miller". Channel NewsAsia. Archived from the original on May 21, 2017. Retrieved May 28, 2017.
- "Halliburton Company 2017 Annual Report (Form 10-K)". sec.gov. U.S. Securities and Exchange Commission. February 9, 2018. Archived from the original on April 5, 2018.
- "Top 10 largest oilfield services companies". PRLog. Archived from the original on May 4, 2012. Retrieved April 13, 2010.
- "Halliburton". Fortune. Retrieved November 20, 2018.
- "Halliburton to Move Headquarters to Dubai" Archived December 15, 2017, at the Wayback Machine - All Things Considered - NPR - March 12, 2007
- Steffy, Loren. "Halliburton heralds Houston's hereafter" Archived January 14, 2009, at the Wayback Machine - Houston Chronicle - March 14, 2007
- Steffy, Loren. "Sound Off: Halliburton's Dubai kiss" - Houston Chronicle - March 14, 2007 Archived October 9, 2007, at the Wayback Machine
- "Halliburton Completes Separation of KBR"- 2007 Press Releases - Halliburton.com - April 5, 2007 Archived August 29, 2007, at the Wayback Machine
- Baltimore, Chris (February 11, 2009). "KBR pleads guilty in Nigerian bribery case". Houston, Tx. Reuters. Archived from the original on May 10, 2018. Retrieved May 10, 2018.
- "Business Directory Search". artesiachamber.chambermaster.com. Retrieved May 8, 2018.
- "Halliburton competitors". Hoovers.com. Archived from the original on September 29, 2013. Retrieved December 19, 2010.
- "Halliburton may sell KBR to end public relations nightmare". Halliburtonwatch.org. September 24, 2004. Archived from the original on November 23, 2010. Retrieved December 19, 2010.
- "Halliburton Profile in Yahoo Finance". Yahoo Finance. Archived from the original on November 7, 2009. Retrieved October 16, 2009.
- "EP Magazine: Cementing is not for sissies; E&P Magazine". EPMag.com. May 25, 2007. Archived from the original on October 7, 2009. Retrieved October 16, 2009.
- Rodengen, Jeffrey (1996). The Legend of Halliburton. USA: Write Stuff Syndicate. ISBN 978-0-945903-16-1.
- "The Handbook of Texas Online; TSHA Online". TSHA.com. Archived from the original on June 17, 2011. Retrieved October 16, 2009.
- "Halliburton: The legacy of Erle; Egypt Oil & Gas". egyptoil-gas.com. February 2007. Archived from the original on December 23, 2009. Retrieved October 16, 2009.
- "Cunningham Field, Kingman and Pratt Counties, Kansas; Bulletin of the American Association of Petroleum Geologists". American Association of Petroleum Geologists. 1937. Retrieved October 16, 2009.
- Yeoman, Barry (June 1, 2003). "Soldiers of Good Fortune". Mother Jones. Archived from the original on May 20, 2007. Retrieved May 8, 2007.
- "Kuwait Firefighters Blow Off Steam as Mission Ends". Los Angeles Times. November 2, 1991. Archived from the original on July 1, 2011.
- Dobrzynski, Judith H. (September 7, 1995). "The Right Choice for the Job?". The New York Times. Archived from the original on January 5, 2016.
- "Halliburton Announces Agreements to Settle Export Investigation". AllBusiness.com. Archived from the original on December 20, 2009. Retrieved September 5, 2009.
- "Halliburton's KBR defence contracts". The New York Times. June 17, 2002. Archived from the original on October 11, 2015. Retrieved October 5, 2015.
- "George Bush". Famoustexans.com. Archived from the original on November 22, 2010. Retrieved December 19, 2010.
- Halliburton Connected to Office in Iran, Dow Jones, 2/1/01 Archived March 4, 2016, at the Wayback Machine.
- —By Nicholas M. Horrock and Anwar Iqbal. "Waiting for Gitmo". Motherjones.com. Archived from the original on October 28, 2008. Retrieved September 5, 2009.
- "Halliburton's Iraq role expands". BBC News. May 7, 2003. Archived from the original on May 25, 2006. Retrieved April 28, 2006.
- York, Byron (July 14, 2003). "Halliburton: The Bush/Iraq Scandal that Wasn't". National Review. Archived from the original on June 28, 2006. Retrieved April 28, 2006.
- "Halliburton firm bribed Nigeria - theage.com.au". Melbourne: Theage.com.au. May 10, 2003. Archived from the original on December 16, 2009. Retrieved September 5, 2009.
- Ivanovich, David. "KBR reports bribes paid to Nigeria." Houston Chronicle. May 8, 2003. Retrieved on January 24, 2010.
- Cave, Andrew (January 4, 2004). "Halliburton settles asbestos claim". The Daily Telegraph. London. Archived from the original on June 2, 2013. Retrieved June 9, 2013.
- who owns 100% of Service Employers International Inc. which KBR is a head hunter for. "Halliburton Opens New Facility in Southwest Wyoming" - 2004 Press Releases at Halliburton.com - October 28, 2004 Archived March 14, 2012, at the Wayback Machine
- "KBR AWARDED U.S. DEPARTMENT OF HOMELAND SECURITY CONTINGENCY SUPPORT PROJECT FOR EMERGENCY SUPPORT SERVICES". Halliburton.com. January 24, 2006. Archived from the original on January 10, 2012. Retrieved November 13, 2011.
- "Polícia Federal investiga furto de dados sigilosos da Petrobras - 14/02/2008 - UOL Últimas Notícias". Noticias.uol.com.br. February 14, 2008. Archived from the original on February 17, 2008. Retrieved September 5, 2009.
- Gunter, Ford. "Halliburton outsourcing data from Houston center to Dallas." Houston Business Journal. Friday November 28, 2008. Retrieved on December 17, 2009.
- "The Gulf Oil Disaster Blame Game". PBS.org. Archived from the original on April 15, 2011. Retrieved June 24, 2010.
- Waxman, Henry A. (December 9, 2004). "Fact Sheet: Halliburton's Iraq Contracts Now Worth over $10 Billion" (PDF). Archived from the original (PDF) on April 26, 2007. Retrieved January 22, 2007.
- James Glanz (April 25, 2006). "Rebuilding of Iraqi pipeline as disaster waiting to happen". The New York Times. Archived from the original on May 30, 2013. Retrieved December 1, 2007.
- "Halliburton to buy Baker Hughes for about $35 billion" (Press release). Reuters. November 17, 2014. Archived from the original on July 3, 2017.
- "Halliburton and Baker Hughes Announce Additional Divestiture Proposals". Halliburton dot com. Archived from the original on October 11, 2015. Retrieved October 27, 2015.
- "Halliburton and Baker Hughes set to terminate $35 billion deal". CNBC. Archived from the original on May 2, 2016. Retrieved May 2, 2016.
- "Halliburton and Baker Hughes said to call off $28 billion merger". Bloomberg. Archived from the original on May 1, 2016. Retrieved May 2, 2016.
- Teather, David (February 18, 2004). "Halliburton suspends bill for army meals". The Guardian. London. Retrieved September 5, 2009.
- "Kerry Ad Falsely Accuses Cheney on Halliburton". FactCheck.org. September 30, 2004. Archived from the original on April 9, 2006. Retrieved April 11, 2006.
- "Cheney's Halliburton Ties Remain". CBS News. September 26, 2003. Retrieved September 26, 2003.
- Corbin, Jane (June 10, 2008). "BBC uncovers lost Iraq billions". BBC. Archived from the original on June 4, 2009. Retrieved January 7, 2011.
- Eckholm, Erik (August 29, 2005). "Army Contract Official Critical of Halliburton Pact Is Demoted". The New York Times. Archived from the original on July 31, 2011. Retrieved August 29, 2005.
- Erik Eckholm (August 29, 2005). "REACH OF WAR: PROCUREMENT; Army Contract Official Critical of Halliburton Pact Is Demoted". The New York Times. Archived from the original on March 5, 2016.
- "Deepwater Horizon Accident Investigation Report" (PDF). BP. September 8, 2010. Archived from the original (PDF) on October 14, 2011. Retrieved September 8, 2010.
- "Halliburton to Plead Guilty to Destroying Deepwater Horizon Evidence - WSJ.com". The Wall Street Journal. Archived from the original on March 13, 2018.
- Bloomberg (2010) Nigeria Files Charges Against Dick Cheney, Halliburton Over Bribery Case Archived February 23, 2017, at the Wayback Machine. Retrieved December 9, 2010.
- New York Daily News (2010) Ex-Vice President Dick Cheney charged in bribery case in Nigeria Archived December 11, 2010, at the Wayback Machine. Retrieved December 9, 2010.
- Winter, Michael (December 17, 2010). "For $250M, Nigeria drops bribery charges against Cheney, Halliburton". USA Today. Archived from the original on July 1, 2011.
- "Nigeria Withdraws Charges Against Cheney, Halliburton". Bloomberg Businessweek. Archived from the original on December 22, 2010. Retrieved December 18, 2010.
- BBC News (2010) Dick Cheney faces bribery scandal charges in Nigeria Archived December 3, 2010, at the Wayback Machine. Retrieved December 2, 2010.
- "Federal Contractor Misconduct Database - Halliburton". Project on Government Oversight. Archived from the original on October 15, 2012. Retrieved January 7, 2011.
- "Federal Contractor Misconduct Database - KBR". Project on Government Oversight. Archived from the original on October 9, 2012. Retrieved January 7, 2011.
- Environmental Release Report Archived August 3, 2008, at the Wayback Machine - Scorecard
- "Halliburton spill results in acid cloud." Archived March 3, 2016, at the Wayback Machine - Associated Press. - (c/o Albuquerque Journal) June 7, 2006.
- "Halliburton in spotlight in gulf spill probe." Los Angeles Times, May 1, 2010
- "Halliburton issues statement on Deepwater Horizon incident". GLG - Gerson Lehrman Group. Archived from the original on June 22, 2010.
- Jonathan Stempel and Braden Reddall (July 25, 2013). "Halliburton pleads guilty to destroying Gulf spill evidence". Reuters. Archived from the original on July 26, 2013.
- New York Times Archived October 23, 2017, at the Wayback Machine.
- Amanda Terkel (September 16, 2009). "Court rules that KBR employee's gang rape wasn't a personal injury 'arising in the workplace.'". Archived from the original on July 29, 2016.
- Smith, Jacquelyn (April 5, 2011). "America's Most and Least Reputable Companies - Forbes". Forbes. Archived from the original on September 25, 2011. Retrieved October 8, 2011.
- "Amendment No. 5 to FORM S-1 REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 - KBR, Inc" (PDF). corporate-ir.net. Archived from the original (PDF) on October 2, 2013. Retrieved May 8, 2018.
- "KBR, Fluor, Dyncorp win US Army contract, shrs up". Reuters. June 28, 2007. Archived from the original on January 10, 2009. Retrieved September 5, 2009.
- Brian Ross and Rhonda Schwartz Report: (September 27, 2006). "The Blotter: Exclusive: U.S. Troops Abandoned Me, Says Convoy Driver". Blogs.abcnews.com. Retrieved September 5, 2009.
- "Leaders: reports 'false, inaccurate'". Free Republic (originally by Multi-National Force – Iraq). September 30, 2006. Archived from the original on July 28, 2013. Retrieved July 26, 2013.
- "Multi-National Force - Iraq - Leaders: reports 'false, inaccurate'". Mnf-iraq.com. September 30, 2006. Archived from the original on August 10, 2009. Retrieved September 5, 2009.
- "Newmont, Halliburton to Restate Results". Archived from the original on December 4, 2005.
- "Halliburton Company 10-K, Exhibit 21.1, as of 12/31/2012". SEC. Archived from the original on October 10, 2014. Retrieved July 12, 2013.
- "Office Location Archived June 20, 2013, at the Wayback Machine." Halliburton. Retrieved on December 14, 2009.
- "HALLIBURTON TO CONSOLIDATE HOUSTON OPERATIONS Archived July 20, 2015, at the Wayback Machine." Halliburton. April 3, 2009. Retrieved on January 22, 2010.
- Brown, Steve. "HALLIBURTON WILL MOVE HEADQUARTERS TO LINCOLN PLAZA." The Dallas Morning News. October 23, 1985. Retrieved on December 16, 2009.
- "Halliburton confirms headquarters move from Dallas to Houston". Plainview Daily Herald. Archived from the original on November 7, 2017. Retrieved October 31, 2017.
- "Halliburton to Move Headquarters from Dallas to Houston[dead link]." Fort Worth Star-Telegram. July 17, 2002. Retrieved on July 14, 2009.
- "Crescent's 5 Houston Center Opens Its Doors Nearly 90% Leased.[dead link]" Business Wire. Tuesday October 8, 2002. Retrieved on November 11, 2009.
- Bivins, Ralph. "SURVIVAL OF THE NEWEST / OCCUPANCY DOWNTOWN TUMBLING, BUT THREE TOWERS DEFY TREND" (). Houston Chronicle. Sunday July 27, 2003. Business 1. Retrieved on November 11, 2009.
- Clanton, Brett. "Halliburton to consolidate in 2 locations Archived April 8, 2009, at the Wayback Machine." Houston Chronicle. April 3, 2009. Retrieved on April 3, 2009.
- Dawson, Jennifer. "Despite delays, suburban Halliburton campus developments take shape Archived October 25, 2012, at the Wayback Machine." Houston Business Journal. Friday December 25, 2009. Retrieved on April 5, 2010.
- Colley, Jenna. "New tax break may mean 'green' for Greenspoint Archived July 5, 2008, at the Wayback Machine." Houston Business Journal. Friday June 20, 2003. Retrieved on April 5, 2010.
- "South Australian Register of Lobbyists - GRACosway" (PDF). April 24, 2018.