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Zero Halliburton, stylized as ZERO Halliburton, is a manufacturer of hard-wearing travel cases and briefcases, mainly of aluminium. Founded in 1938, the company was sold in 2006 to ACE Co., a Japanese luggage manufacturer.
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., [37] [38] United Arab Emirates In October 2004, after emerging from the bankruptcy protection, [39] Halliburton opened a new 250,000-square-foot (23,000 m 2) facility on 35 ...
A 1998 merger between Halliburton and Dresser Industries attracted the criticism of some Dresser executives for Halliburton's lack of accounting transparency. [75] Halliburton shareholders pursued a class-action lawsuit alleging that the corporation artificially inflated its stock price during this period, though Cheney was not named as an ...
In 1998, Dresser merged with its main rival Halliburton. [1] Halliburton sold many of former Dresser non "oil patch" divisions, retaining the M W Kellogg Engineering and Construction Company and the Dresser oil-patch products and services that complemented Halliburton's energy and natural resource businesses. In 2001 Halliburton sold five ...
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KBR and Halliburton also paid $177m USD in disgorgement of profits to the Securities and Exchange Commission (SEC) due a civil complaint filed by the SEC relating to the FCPA charges. [49] Former CEO Albert Jackson Stanley, who ran KBR when it was a subsidiary to Halliburton, was sentenced to 30 months in prison via plea agreement. [50] [51]
U.S. oilfield services firm Halliburton on Wednesday was hit by a cyberattack, according to a person familiar with the matter. Halliburton said it was aware of an issue affecting certain systems ...
[3] [4] An improved bid from Halliburton was then rejected by the Expro board, a position backed by the High Court after an appeal lodged by a group of activist shareholders. [5] The acquisition of Expro by Umbrellastream was completed in July 2008. [6] In March 2021 Expro announced a merger with Frank's International. [7]