Halliburton Moving WorldHeadquarters to Dubai...

[bridgit]

'Oil services giant Halliburton Co. will soon shift its corporate headquarters from Houston to the Mideast financial powerhouse of Dubai, chief executive Dave Lesar announced Sunday.

"Halliburton (nyse: HAL - news - people ) is opening its corporate headquarters in Dubai while maintaining a corporate office in Houston," spokeswoman Cathy Mann said in an e-mail to The Associated Press. "The chairman, president and CEO will office from and be based in Dubai to run the company from the UAE."

Lesar, speaking at an energy conference in nearby Bahrain, said he will relocate to Dubai from Texas to oversee Halliburton's intensified focus on business in the Mideast and energy-hungry Asia, home to some of the world's most important oil and gas markets.

"As the CEO, I'm responsible for the global business of Halliburton in both hemispheres and I will continue to spend quite a bit of time in an airplane as I remain attentive to our customers, shareholders and employees around the world," Lesar said. "Yes, I will spend the majority of my time in Dubai."'

http://www.forbes.com/feeds/ap/2007/03/11/ap3505358.html

[Red Zelda]

1. Invade Dubai

...take our money back.

[bridgit]

2. i'm telling you, if there were ever a more transparent group it is this...

cheney/bush/bfee admin & the nightmares they bring the world

[bullimiami]

3. american government contracts = our money. they should only go to american

owned, operated and employing companies that pay american taxes.
unless it can be proved there is no american company that can provide the service.

bye bye halliburton.

[bridgit]

4. imo they were never working in the interest of america anyhow...

adiós

[bullimiami]

7. i think your opinion and reality closely coincide.

[hughee99]

8. That's probably why they're spinning off KBR

which will most likely remain an American company.

[leftofthedial]

5. they have to get out

while the getting is good

[bridgit]

6. agreed, may as well move to where the new world order is being set-up...

i'm watching the credits to Syriana roll up as i'm keying this...very strange

[bridgit]

9. KO kick...

:kick: