How much did Halliburton make from the Iraq war?

One of the top profiteers from the Iraq War was oil field services corporation, Halliburton. Halliburton gained $39.5 billion in “federal contracts related to the Iraq war”. Many individuals have asserted that there were profit motives for the Bush-Cheney administration to invade Iraq in 2003.

Who is the CEO of Halliburton?

Jeff Miller (Jun 1, 2017–)
HOUSTON –(BUSINESS WIRE)–May 17, 2017– Halliburton Company (NYSE: HAL) today announced its Board of Directors has unanimously elected Jeff Miller , the Company’s president and a board member, to the position of president and CEO.

When did Halliburton go public?

Halliburton invented a new cementing process that held a steel pipe in an oil well and thereby kept water out, strengthened well walls, and reduced explosions. The company went public in 1948, moved to Dallas in 1961 (where it stayed until August 2002, when it moved to Houston), and bought Brown and Root in 1962.

Who founded Halliburton?

Erle P. Halliburton

HALLIBURTON, ERLE PALMER (1892–1957). The founder of the Halliburton Company, a worldwide oil-field services and products company, Erle Palmer Halliburton was a pioneer in oil-well cementing. He was born to Edwin Graves and Lou Cothran Halliburton on a farm near Henning, Tennessee, on September 22, 1892.

What is Halliburton CEO salary?

Chief Executive Jeff Miller earned $22.3 million in 2020, versus $12.8 million the previous year. His compensation is 293 times that of the median compensation for his employees.

Will Halliburton hire felons?

Halliburton will not hire you if you have a felony conviction in the last 7 years. Also, if you have a drug related felony or xxx related felony they will never hire you.

Does Halliburton still own KBR?

After Halliburton acquired Dresser Industries in 1998, Dresser’s engineering subsidiary, the M. W….KBR (company)

Type Public
Headquarters KBR Tower Houston, Texas, U.S.
Key people Stuart Bradie (President & CEO) Mark Sopp (Executive Vice President & CFO)
Revenue US$ 5.639 billion (2019)
Operating income US$ 362 million (2019)

Is Halliburton still a company?

Halliburton remains a stalwart in the energy industry. Founded in 1919 as the New Method Oil Well Cementing Company, the company changed its name to Halliburton in 1961. While the company’s main operations in the United States are based in Houston, Halliburton’s international operations are based in Dubai.

Who are the owners of Halliburton?

Jeff Miller was promoted to President of Halliburton on August 1, 2014, and CEO on June 1, 2017, replacing Dave Lesar….Halliburton.

Type Public
Founder Erle P. Halliburton
Headquarters Houston, Texas and Dubai, UAE
Area served Worldwide
Key people Jeff Miller (President, CEO and Chairman of the Board)

Who is on the board of directors for Halliburton?

Halliburton Board of Directors

  • Abdulaziz F. Al Khayyal.
  • William E. Albrecht.
  • M. Katherine Banks.
  • Alan M. Bennett.
  • Milton Carroll. Executive Chairman of the Board of CenterPoint Energy, Inc.
  • Murry S. Gerber.
  • Patricia Hemingway Hall.
  • Robert A.

What kind of contracts did Halliburton have in Iraq?

Oil services company Halliburton has come under intense scrutiny over its multi-billion-dollar contracts with the U.S. military in Iraq. Congressional critics want to know if the company is engaging in gold-plating contracts — inflating costs and pocketing the difference.

Where was Halliburton’s second headquarters in Dubai?

Halliburton officials said KBR’s war contracts weren’t adding much to the oil company’s profits. The same year, Halliburton opened a “second headquarters” (their words) in Dubai, in the United Arab Emirates, to emphasize its identity as a worldwide oil services company. But Halliburton did own KBR during the height of KBR’s activities in Iraq.

How much money did private companies get for the Iraq War?

Private or publicly listed firms received at least $138 billion of U.S. taxpayer money for government contracts for services that included providing private security, building infrastructure and feeding the troops. Ten contractors received 52 percent of the funds, according to an analysis by the Financial Times that was published Tuesday.

Where is the Halliburton corporate office in Houston?

A KBR sign adorns the Halliburton corporate headquarters near downtown Houston. Oil services company Halliburton has come under intense scrutiny over its multi-billion-dollar contracts with the U.S. military in Iraq.