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Halliburton

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Halliburton is an oilfield services company based out of Houston, Texas.

From 1995 to 2000, Halliburton was led by former defense secretary and future vice president Dick Cheney.

Iraq War controversy[edit]

In the prelude to the War in Iraq, Halliburton was awarded a USD 7 billion contract for services in the conflict. Halliburton was the only company allowed to bid on this contract, which is equivalent to calling it a "no-bid" contract[citation NOT needed]. Vice President Cheney was receiving a deferred compensation package from the company at this time. No conflict of interest there.

Nigeria[edit]

In 2010, Halliburton paid 9-figure "settlements" (read: fines) to the Nigerian government and the United States Securities Exchange Commission in an officials corruption case after being accused of bribing Nigerian politicians. The case centered around a deal with former subsidiary KBR to build a liquified natural gas plant in southern Nigeria. Former CEO Dick Cheney was implicated in the case.

Deepwater Horizon incident[edit]

In 2010, Halliburton employees were employed on the Deepwater Horizon oil rig in the Gulf of Mexico and also worked to cement the cap that stopped the leak after an explosion caused a massive oil spill. According to a report released by the incident's investigation committee, it was originally an unstable mixture of concrete, poured by Halliburton, used to secure the rig that caused the leak which resulted in the explosion in the first place. BP claimed that Halliburton shares in the failure of the rig, citing poor labor standards from Halliburton employees.

External links[edit]