Halliburton to move headquarters, CEO to Dubai
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MANAMA/HOUSTON  - U.S. oilfield services giant Halliburton Co.  said on Sunday it will move its corporate headquarters and its chief executive to Dubai in the United Arab Emirates in an effort to expand overseas.
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US energy services company Halliburton is to end its operations in Iran after existing contracts come to an end citing a poor environment.
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Halliburton Co. is gearing up to distribute $2.78 billion in cash and 59.5 million shares to thousands of asbestos and silica claimants, inching closer to leaving those inherited liabilities in the past.
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Halliburton Co. (HAL.N: Quote, Profile, Research) , beset by controversy over its work in Iraq, plans to shed its KBR engineering and construction unit if the oilfield services company&#39;s
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Oilfield services company Halliburton Co.  said on Sunday it is committed to doing business in Venezuela, in an effort to clarify some comments its chief financial officer made earlier to investors.
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FOXBOROUGH - Invensys Process Systems, still commonly referred to as the Foxboro Co. in local circles, is moving its headquarters to Dallas early next year.
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Halliburton Co. , the world's second-largest oilfield-services provider, will move chief executive David Lesar to a new corporate headquarters in Dubai to help the company expand in the Middle East and Asia.
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Bank of America Corp. will move its Wealth and Investment Management division to its Boston offices. Of 10 senior executives that will be based in Boston, only two will come from Charlotte.
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Imperial Oil Ltd. said it will relocate its head office to Calgary from Toronto, affecting 1,500 employees. About 500 workers will be ``subject to relocation,&#39;&#39; the company said in a CNW statement.
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Halliburtonâs chief executive said it is gearing up to handle more oil field service work in the Middle East, Asia and Latin America, but pricing declines in North America are still a concern.
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The Pentagon is to end the contract Halliburton has to service US troops in Iraq, the Wall Street Journal reports.
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Oil major BP Plc  told its 3,300 office workers in the suburbs of Chicago on Thursday that many staff will be relocated to Houston while others may be laid off, a BP spokesman said.
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The Emirate of Dubai will take over  control of its offshore oilfields from a unit of ConocoPhillips   next year, the two said on Sunday, the latest  government to strengthen its grip on its mineral wealth.
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NEW YORK, September 7 (New Ratings) - The US Army reportedly intends to break up its multibillion dollar contract, awarded to Halliburton Co (HAL.
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Royal Dutch Shell and Saudi Arabia's state oil company announced Friday they would go ahead with a $7 billion expansion of a jointly-owned Texas refinery that will make the plant one of the biggest in the world.
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Halliburton said it will restructure and may even sell its Kellogg, Brown and Root subsidiary, the business at the root of recent controversy.
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Halliburton Co. HAL.N may decide not  to submit bids for the logistics contracts it holds in Iraq if  the U.S. military divides up the work too deeply, Chief  Executive Officer Dave Lesar told an analysts' conference in  New York on Tuesday.