[Plantagenet]

This "news" story is from early 2005.

[Denny]

Is it possible that Halliburton has foreign subsidiaries? If so, it may be legal for them to conduct business in Iran, though the parent company is not allowed to do that.

I recall several years ago there was some issue raised by which Quaker Foods was prohibited form selling their goods to Cuba, but their Canadian subsidiary, though owned 100% by the American company, was able to sell the identical commodity, as Canada has no trade restrictions with Cuba. The Canadian government ruled that it was contrary to their business charter in Canada to follow American foreign policies if these restricted trade.

With that ruling, the parent company was off the hook with regards to American law.

[Jack]

Gosh, I wonder how TransOcean is doing?

[Ferretlover]

Another old (2005) story:
Halliburton Charged with Selling Nuclear Technologies to Iran
Global Research.ca, August 5, 2005
Title: “Halliburton Secretly Doing Business With Key Member of Iran’s Nuclear Team”
According to journalist Jason Leopold, sources at former Cheney company Halliburton allege that, as recently as January of 2005, Halliburton sold key components for a nuclear reactor to an Iranian oil development company. Leopold says his Halliburton sources have intimate knowledge of the business dealings of both Halliburton and Oriental Oil Kish, one of Iran’s largest private oil companies.
Additionally, throughout 2004 and 2005, Halliburton worked closely with Cyrus Nasseri, the vice chairman of the board of directors of Iran-based Oriental Oil Kish, to develop oil projects in Iran. Nasseri is also a key member of Iran’s nuclear development team. Nasseri was interrogated by Iranian authorities in late July 2005 for allegedly providing Halliburton with Iran’s nuclear secrets. Iranian government officials charged Nasseri with accepting as much as $1 million in bribes from Halliburton for this information. …
Halliburton

[Chuckmak]

$this->bbcode_second_pass_quote('Plantagenet', 'T')his "news" story is from early 2005.

[alokin]

Haliburton

what does this mean? Is the oil industry struggeling?

[IslandCrow]

The future of the oil industry is under the deep blue sea, and Halliburton is weak in that area.

[Idea for a conspiracy theory: They plan to build platforms out at sea to serve as camps for the huddled masses (a long swim will prevent mass breakouts) ]

[octopus]

$this->bbcode_second_pass_quote('IslandCrow', 'T')he future of the oil industry is under the deep blue sea, and Halliburton is weak in that area.

[Idea for a conspiracy theory: They plan to build platforms out at sea to serve as camps for the huddled masses (a long swim will prevent mass breakouts) ]

[dukey]

Halliburton sued for human trafficking: link

[pablonite]

I think I might have heard about it but never would have guessed what the acronym stands for. This is important, you ALWAYS spell out the letters...citizen
Why is it Vanity Fair is the only rag on the rack that even touches this stuff? Anyone know who owns it? http://www.vanityfair.com/politics/feat ... table=true
$this->bbcode_second_pass_quote('', '.')..To be sure, there isn't really such a corporation: the Omnivore Group, as it might be called. But if there were such a company—and, mind you, there isn't—it might look a lot like the largest government contractor you've never heard of: a company known simply by the nondescript initials SAIC (for Science Applications International Corporation), initials that are always spoken letter by letter rather than formed into a pronounceable acronym. SAIC maintains its headquarters in San Diego, but its center of gravity is in Washington, D.C. With a workforce of 44,000, it is the size of a full-fledged government agency—in fact, it is larger than the departments of Labor, Energy, and Housing and Urban Development combined. Its anonymous glass-and-steel Washington office—a gleaming corporate box like any other—lies in northern Virginia, not far from the headquarters of the C.I.A., whose byways it knows quite well. (More than half of SAIC's employees have security clearances.) SAIC has been awarded more individual government contracts than any other private company in America. The contracts number not in the dozens or scores or hundreds but in the thousands: SAIC currently holds some 9,000 active federal contracts in all. More than a hundred of them are worth upwards of $10 million apiece. Two of them are worth more than $1 billion. The company's annual revenues, almost all of which come from the federal government, approached $8 billion in the 2006 fiscal year, and they are continuing to climb. SAIC's goal is to reach as much as $12 billion in revenues by 2008. As for the financial yardstick that really gets Wall Street's attention—profitability—SAIC beats the S&P 500 average. Last year ExxonMobil, the world's largest oil company, posted a return on revenue of 11 percent. For SAIC the figure was 11.9 percent. If "contract backlog" is any measure—that is, contracts negotiated and pending—the future seems assured. The backlog stands at $13.6 billion. That's one and a half times more than the backlog at KBR Inc., a subsidiary of the far better known government contractor once run by Vice President Dick Cheney, the Halliburton Company.

[Ferretlover]

And, the point of this thread is?

[dinopello]

Robert Hirsch, author of the report "Peaking of World Oil Production" worked for SAIC when he wrote the report (sponsered by MISI).

[rangerone314]

SAIC =
Surely Accumulating Incredible Cash

[AAA]

$this->bbcode_second_pass_quote('Ferretlover', 'A')nd, the point of this thread is?

[dinopello]

$this->bbcode_second_pass_quote('AAA', '')$this->bbcode_second_pass_quote('Ferretlover', 'A')nd, the point of this thread is?

[pedalling_faster]

OK so the thread is not off to a racing start, and now that i am posting, it is doomed to ... whatever.

SAIC is a major employer of technical people in San Diego. and since i am a technical person and worked in San Diego for about 9 years, i met a few people who worked there and found out more about the corporate culture.

SAIC is supposed to be very project oriented. most technical organizations have matrix style organizations, where people working for departments are loaned out to projects. so the org chart can be drawn from a department point of view or a project point of view.

SAIC is reputed to have departments but to be much more project oriented. i.e. if you're an engineer working on a project which is ending in 3 months, your "boss" - the person who hired you into the company - is not necessarily going to find you a new slot. even if you've done a credible job.

so basically if you work there you have to be a unique fusion of talented in one or more technical areas, AND a team player (which for many companies often contradicts the possession of talent), AND in a state of perpetual job-hunting within the company. at least until you get established within the company culture.

as far as what projects the company works on, a lot of stuff for the US government, the CIA, etc. i get the impression that a lot of people who work for the government, if they need help on a project or just want to route some $$ business to their buddies at SAIC, thereby paving the way for their own employment at SAIC, will call in SAIC.

to build a specialized electronic thing in a briefcase, to write a database, to collaborate with Google on data capture. (that last part is not a theory, i have a programmer friend who witnessed the co-location of Google & SAIC at a site in Washington state.)

sort of like the government employee is the quarter back, and SAIC is their favorite wide receiver - they like "throwing him the ball" - like Joe Montana & Jerry Rice ?

of course with Montana & Rice, Montana wasn't expecting Rice to give him a job after throwing him the ball all those years.

[peeker01]

More good news for America. More homegrown oil and gas = more jobs.

http://finance.yahoo.com/news/Halliburt ... et=&ccode=

[babystrangeloop]

Here's another quote from the very same link you posted (only with much better bbcode formating.)
$this->bbcode_second_pass_quote('', '[')b]Halliburton to Hire 11,000 In 2011
CNBC via Yahoo! / August 25, 2011

... Jim Brown, president of Western Hemisphere, said many of the new hires will be sent to North Dakota's oil-rich Bakken shale, which is one of the largest oil finds in U.S. history ...