Monday, March 12, 2007

Halliburton Joins The Carlyle Group in Dubai

Not only has Halliburton Inc. opened an office in Dubai, United Arab Emirates, it moved its top corporate official to the city shining from oil. Houston lost its sheen. The Chairman, President and CEO will office from Dubai to grow Halliburton’s oil business in the Eastern Hemisphere.

Did anyone note the timing of this move in light of the new Iraqi Oil Law that provides numerous opportunities for Western Oil Companies in key governmental “advisory roles”?

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