2009 Press Releases
FOR IMMEDIATE RELEASE: April 3, 2009

HALLIBURTON TO CONSOLIDATE HOUSTON OPERATIONS

Company Maintains Corporate Headquarters and Principal Executive Offices in Houston, Offers World Class Campuses to 5,200 Employees

HOUSTON - Halliburton (NYSE: HAL) announced today its planned multi-year phased consolidation of most of its Houston operations between two campuses in the northeast and southwest parts of the city.   The property redevelopment strategy is currently planned for completion in 2012 and the office parks will have combined capacity to accommodate approximately 5,200 employees and centralize the Company's Houston-area operations.  Currently, Houston-area employees operate from five property sites across Harris and Montgomery counties.  The existing manufacturing facility in The Woodlands, Texas, will not be affected by this project.

      "This plan introduces a sustainable workplace environment that accommodates our immediate and longer-term facility needs in the Houston area," explained Lawrence Pope, Halliburton's executive vice president of Administration and chief human resources officer.

     The Oak Park site is located near the intersection of Beltway 8 and Bellaire Boulevard in the Westchase District.  Currently the 41-acre site accommodates approximately 1,700 employees and, when redeveloped, can accommodate up to 3,000 employees.  Approximately 1,000 employees currently working in a leased campus facility, also located in the Westchase District, will relocate to the Oak Park site. The fully redeveloped Oak Park campus will include a new 16-floor tower, a two-story Life Center, an additional parking garage, a new cafeteria and enhanced on-site childcare facilities, auditoriums and skybridges that will link the structures.

     The 94-acre North Belt campus near Houston's George Bush Intercontinental Airport (IAH) will become home to the current corporate headquarters location, currently located in approximately 26,000 square feet of leased corporate executive office space in downtown Houston.  The redeveloped campus will grow to support approximately 2,200 employees with a new Research and Development facility featuring state-of-the-art laboratories, two new parking garages, a new cafeteria and new childcare and employee wellness and fitness centers.

     "The plan for these new and renovated 'green' buildings in both Houston locations ultimately will create dynamic campuses that are recognized by our employees and the communities as great places to work," added Pope.

     Halliburton relocated its corporate headquarters to Houston in 2003 from Dallas, where it was located since 1961.  In 2007, the Company opened a second corporate headquarters office in Dubai, United Arab Emirates, retaining its corporate headquarters and principal executive offices in Houston.

     In 2008, Halliburton contributed $25 million in volunteer hours, in-kind donations and direct cash grants to help more than 250 local charities, schools and civic organizations in the Houston area.

     Halliburton believes that sustainability issues are key drivers for its business and, when designing and planning the redevelopment of these campuses, the Company included a number of environmentally conscious building features such as energy-efficient building envelopes and systems, water-saving devices, recycled materials, and minimized waste in the construction process. The two-phased approach at both the Oak Park and North Belt campuses is planned to begin immediately. 

     The campus architect is Gensler, a leading global architecture, design, planning and strategic consulting firm.  D. E. Harvey Builders, Inc. currently is providing preconstruction services related to the planned North Belt campus project. The selection of a general contractor for the planned projects will be announced in the future.  

About Halliburton

     Founded in 1919, Halliburton is one of the world's largest providers of products and services to the energy industry. With more than 55,000 employees in approximately 70 countries, the company serves the upstream oil and gas industry throughout the life cycle of the reservoir - from locating hydrocarbons and managing geological data, to drilling and formation evaluation, well construction and completion, and optimizing production through the life of the field. Visit the company's Web site at www.halliburton.com.