Halliburton legal and ethical issues

Org And here is my original research paper it's looooooooong: Accounting, military, and taxes - all three are a part of my every day life. They also have something else in common - Halliburton. As I study for my Associates of Applied Science degree in accounting, I am increasingly more aware of the corruption that greed seems to cause.

Halliburton legal and ethical issues

Divisions[ edit ] Energy services the company's historical cornerstoneformation evaluationdigital 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 Schlumbergerand is followed by SaipemWeatherford Internationaland Baker Hughes. Kellogg division of Dresser which Dresser had merged with in 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.

A final non-appealable settlement in the asbestos case was reached in January 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. KBR became a separately listed company on April 5, Skelly, near Wilson, Oklahoma.

Halliburton invented the revolutionary cement jet mixer, to eliminate hand-mixing of cement, and the measuring line, a tool used to guarantee cementing accuracy. The stock of the corporation was owned by Erle and Vida Halliburton and by seven major oil companies: Over the next seven years, Halliburton launched Halliburton Company Germany GmbH, set up operations in Argentina and established a subsidiary in England.

Halliburton died in Los Angeles in InHalliburton was the first company in Oklahoma to receive the Presidential "E" for Export flag in recognition of notable contributions to foreign trade. Throughout the s, Halliburton's subsidiaries continued their projects around the world under management of former CEO Brian Darcy even in countries once considered enemies.

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Equipment was provided for the first multiwell platform offshore Chinaand an Otis Engineering team controlled a gigantic Tengiz field blowout in the Soviet Union. Cruikshankas chairman and CEO.

Cruikshank had served since Prescott Bush was a director of Dresser Industries, which is now part of Halliburton; his son, former president George H. Bushworked for Dresser Industries in several positions from tobefore he founded Zapata Corporation.

Halliburton legal and ethical issues

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 and is "non-American", it shares both the logo and name of Halliburton Energy Services and, according to Dow Jones Newswiresoffers services from Halliburton units worldwide through its Tehran office.

A Halliburton spokesman, responding to inquiries from Dow Jonessaid "This is not breaking any laws. This is a foreign subsidiary and no U. We are not performing directly in that country. No legal action has been taken against the company or its officials.

Critics contend that it was a no-bid contractawarded 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. Because the contract is essentially a retainer, specific orders are not competitively bid as the overall contract was.

With over approximately employees, Halliburton is one of the largest private employers in Sweetwater County. According to Business Wirethis contract will be executed in cooperation with the U. 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.

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. 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.

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.OC Progressive Events Calendar.

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After being taken down twice by Blogger within a single week, we got the message: It’s Time To Go. Gates of Vienna has moved to a new address. Jan 02,  · Halliburton’s code of ethics purpose is generic in its form and simply states that it is their adopted rules and regulations concerning ethical and legal issues.

It goes on to principally state that its code of ethics pertains to all of their executive officers. The Code of Business Conduct of Halliburton Company consists of the policies relating to the ethical and legal standards of conduct to be followed by employees .

Halliburton Company is an American multinational leslutinsduphoenix.com 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 50, people. The Code of Business Conduct of Halliburton Company contains the specific Corporate Policies adopted by the Board of Directors that relate to the legal and ethical standards of conduct of Directors, Employees and agents of the Company.

Exercises in Writing: Halliburton, KBR, and Business Ethics