Halliburton

March 5, 2009 -- WASHINGTON – Two citizens of the United Kingdom have been charged in an indictment unsealed today in the United States for their alleged participation in a decade-long scheme to bribe Nigerian government officials to obtain engineering, procurement and construction (EPC) contracts, Acting Assistant Attorney General Rita M. Glavin of the Criminal Division announced. The EPC contracts to build liquefied natural gas (LNG) facilities on Bonny Island, Nigeria, were valued at more than $6 billion.    » read more »

Washington, D.C., Feb. 11, 2009 — The Securities and Exchange Commission today announced settlements with KBR, Inc. and Halliburton Co. to resolve SEC charges that KBR subsidiary Kellogg Brown & Root LLC bribed Nigerian government officials over a 10-year period, in violation of the Foreign Corrupt Practices Act (FCPA), in order to obtain construction contracts. The SEC also charged that KBR and Halliburton, KBR's former parent company, engaged in books and records violations and internal controls violations related to the bribery.    » read more »

Enforcement Actions by DOJ and SEC Result in Penalties of $579 Million for KBR’s Participation in a Scheme to Bribe Nigerian Government Officials to Obtain Contracts

February 11, 2009 -- WASHINGTON – Kellogg Brown & Root LLC (KBR), a global engineering, construction and services company based in Houston, pleaded guilty today to charges related to the Foreign Corrupt Practices Act (FCPA) for its participation in a decade-long scheme to bribe Nigerian government officials to obtain engineering, procurement and construction (EPC) contracts, Acting Assistant Attorney General Rita M. Glavin of the Criminal Division announced. The EPC contracts to build liquefied natural gas (LNG) facilities on Bonny Island, Nigeria, were valued at more than $6 billion.    » read more »

HOUSTON, July 1, 2008 -- Halliburton (NYSE: HAL) announced today that it has closed the previously announced acquisition of the 49 percent equity of Shell Technology Ventures Fund 1 B.V. in WellDynamics B.V. With this transaction complete, Halliburton owns 100 percent of WellDynamics.

David King, president of Halliburton's Completion and Production Division stated: "Combining WellDynamics' leading market and technology position with Halliburton's robust well completions and reservoir monitoring portfolio provides us significant competitive advantage in delivering increased reservoir productivity and maximized ultimate recovery to our clients."    » read more »

03/10/2008 -- WASHINGTON DC – Senator John Kerry sent a letter to the Pentagon today, demanding to know how unsafe water was given to troops in Iraq by defense contractor KBR Inc. and what steps are being taken to prevent a recurrence. According to an Inspector General report to be released shortly, American troops serving in Iraq were using substandard water for cleaning and bathing, which may have contributed to many of them falling ill and suffering from severe skin illnesses in the field.    » read more »

December 19, 2007 -- (Washington, DC) - House Judiciary Committee Chairman John Conyers, Jr. (D-MI) gave the following statement at the Crime, Terrorism and Homeland Security Subcommittee Hearing on "Enforcement of Federal Criminal Law to Protect Americans Working for U.S. Contractors in Iraq." Today, former KBR/Halliburton employee Jamie Leigh Jones, testified that she was raped and held captive by her KBR/Halliburton colleagues while serving as a contractor in Iraq.    » read more »

December 14, 2007 -- Washington, DC – U.S. Senators Daniel K. Akaka (D-HI), Barack Obama (D-IL), and Jon Tester (D-MT) today sent letters to the Attorney General, and the Inspector Generals of the Defense and State Departments, seeking information about their apparent failure to investigate allegations made by former Halliburton/KBR administrative assistant Jamie Leigh Jones that she was drugged and raped by several co-workers while employed at Camp Hope in Baghdad, Iraq.    » read more »

December 12, 2007 -- Washington, DC – Senator Hillary Rodham Clinton today called for an investigation of allegations by Jamie Leigh Jones that she was brutally raped and forcibly detained while serving as a contractor in Iraq. According to news reports, more than two years later, no United States government agency or department has undertaken a proper investigation of the incident.    » read more »

August 22, 2007, HOUSTON, Texas - Halliburton (NYSE:HAL) announced today that it will present at the Lehman Brothers 2007 CEO Energy/Power Conference on Wednesday, September 5, 2007, at 6:45 a.m. Central Time (7:45 a.m. Eastern Time). Scheduled to present are Halliburton's Chairman, President and Chief Executive Officer, Dave Lesar, and its Executive Vice President and Chief Financial Officer, Cris Gaut.    » read more »

August 14, 2007, SYDNEY, Australia - Oil Search Limited (ASX: OSH) and Halliburton have signed an agreement to renew a strategic alliance that was originally formed in 2004. The multimillion-dollar contract covers three years, with the option for two additional years. The agreement calls for Halliburton to provide a full range of subsurface services, including drilling and formation evaluation, slickline, fluids, cementing services and production enhancement in Papua New Guinea where Oil Search is the industry leader in oil and gas exploration and development.    » read more »

August 13, 2007, HOUSTON - Halliburton's (NYSE: HAL) Completion and Production division has been awarded a four-year contract valued at more than (USD) $270 million by Petrobras Brazil. Halliburton will be working jointly with Expro to provide exploration and development testing services in high pressure, high temperature (HP/HT) and deepwater environments. The work will be done throughout Brazil and serviced from Halliburton operations in Macaé in southern Brazil and Mossoró in northern Brazil to optimize provision efficiencies.    » read more »

August 09, 2007 -- House Committee on Oversight and Government Reform Chairman Waxman releases a GAO report analyzing the Defense Department’s decision to pay KBR nearly all of the $221 million in costs that the Defense Contract Audit Agency questioned during its audits of the Restore Iraqi Oil contract for reconstruction work on Iraq’s oil infrastructure. The report finds multiple violations of federal acquisition regulations and procedures, placing millions of taxpayer dollars at risk and leaving questions unanswered.

Report Introduction:

DEFENSE CONTRACT MANAGEMENT    » read more »