Halliburton Moving To Dubai

Halliburton plans to move its headquarters from Houston to Dubai. We can expect more corruption to come out from this place.

Halliburton Co. is making a big push to expand in the Middle East, with Chief Executive Officer Dave Lesar spending a substantial part of his time running the company from Dubai in the United Arab Emirates.

From his Dubai office, he said, Mr. Lesar will be concentrating on building the Houston oil-services company’s business with national oil companies in the Eastern Hemisphere, including Asia, Africa and the Middle East.

“Growing our business here will bring more balance to Halliburton’s overall portfolio,” Mr. Lesar said in a statement yesterday

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6 Responses to “Halliburton Moving To Dubai”

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1 True Faith Mar 12th, 2007 at 4:48 am

What’s next? the white house moving in!!
2 howahkan Mar 12th, 2007 at 5:00 am

I read the article on BBC this morning and I was thinking of posting it, but I thought someone eventually will ;p

Yet, when reading the articale, I couldn’t help but think about this video:

http://www.youtube.com/watch?v=9ZFhP2clQEw

Do you think he will keep on smiling or not?
3 Yazeed Mar 12th, 2007 at 11:39 pm

True Faith,
i guess white house=halliburton these days

howahkan,
hehe zaydoun posted it also
the video is so last summer man
4 Intlxpatr Mar 13th, 2007 at 9:56 am

I am betting Halliburton likes the tax advantage and the lower level of oversight.
5 Yazeed Mar 13th, 2007 at 7:49 pm

arent they doing this already?
6 dlk Mar 14th, 2007 at 3:00 pm

Absolutely f***ing predictable. Now you see why the movie “Syriana” was right on target.