Halliburton was founded in 1919. The company’s founder Erle P. Halliburton built a wooden mixing box and started an oil well cementing business in Duncan, Oklahoma. In 1930, researchers created an acid blending technique to break down the limestone, which will help increase the production of oil and gas. Were Halliburton performed his first offshore cementing job, using a barge-mounted cementing unit at a rig in Creole Field, in the Gulf of Mexico. The company employs more than 50,000. When hydrocarbons are located Halliburton determines if the oil and gas can be produced. They provide services that allow companies to begin production of the oil and gas.
The Company went worldwide in 1926. Halliburton is always advancing in geological technologies, as well as there total revenue. In 1998 Halliburton’s total revenue was $14.5 Billon; in 2010 the total revenue was $18 Billon, an increase of 22 percent from the previous year 2009. The last ten years in the 20th century brought more changes and growth to the company. Dick Cheney was secretary of defense from 1989 to 1993, while President George H.W. Bush was in office. A couple years later after Cheney left office, he became chairman and chief executive officer of Halliburton until 2000. Were he ran for vice president along with George W. Bush, as a candidate for Presidency.
At the time when Dick Cheney was secretary of defense, The U.S. had learned of terrorist attacks on former president George W.H. Bush; to assassinate him while on his visit to Kuwait with a car bombing attack. The Government concluded that the plot to assassinate the president was planned by Iraq. Clinton being elected in 1992 ordered a cruise missile attack against Iraqi Intelligence Service (IIS) building stationed in Baghdad. It is quite possible that George W. Bush while holding office during his time was trying to get back at former Iraqis for attempting to assassinate his father, by attempting to control one of their main sources of income.
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http://www.halliburton.com/
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