Q: What should we know about Halliburton’s employee population?
A: With operations in nearly 70 countries, Halliburton’s more than 50,000 employees represent over 120 different nationalities. We are proud that our workforce is more than 90 percent nationalized.
Q: What were Halliburton’s 2007 financial results?
A: 2007 was a historic year for Halliburton. The Company’s total revenue grew 18 percent to a record level of $15.3 billion, with all product lines registering double-digit growth. Operating income for 2007 was $3.5 billion. More detailed information can be found in the press release from January 28, 2008.
Q: Where is Halliburton headquartered?
A: The Company is headquartered in Houston, Texas, where its Principal Executive Office resides, and in Dubai, United Arab Emirates. With the recent addition of a corporate headquarters office in Dubai, we join the ranks of many major corporations with multiple centers of senior management.
Q: How is the Company organized?
A: Halliburton is a U.S. company incorporated in Delaware. Halliburton serves its customers with a broad range of products and services through its Completion and Production, and Drilling and Evaluation segments.
Q: What do Halliburton and its employees do to give back to communities around the world?
A: At Halliburton, we believe in giving back as a way to strengthen individuals and the communities where we have operations. We give back to our communities by supporting a wide variety of charitable organizations, with an emphasis on those that are most important to our employees and customers. Halliburton’s total corporate giving for 2007, including cash and in-kind donations, was nearly $353 million, and our employees volunteered more than 30,000 hours during the year.
Q: What work is the Company performing in Iraq?
A: Halliburton Company has never been contracted for services by the U.S. government, particularly none of the logistics support services frequently discussed in the media today. Also, Halliburton and its subsidiaries have no employees or work in Iraq or Afghanistan.
Q: What work is the Company performing in Iran?
A: None. Halliburton announced on April 9, 2007 that all of its contractual commitments in Iran were complete and the company is no longer working in Iran. The winding down of Halliburton’s work came as the result of a decision announced in January 2005 that only contractual commitments existing at that time would be honored, and that no new work would be accepted going forward. Halliburton’s prior business in Iran was clearly permissible under applicable laws and regulations.
