About Hallibuton
Founded in 1919, Halliburton is one of the world's largest providers of products and services to the energy industry. With 60,000 employees, representing 140 nationalities in more than 80 countries, the company helps its customers maximize value throughout the lifecycle of the reservoir – from locating hydrocarbons and managing geological data, to drilling and formation evaluation, well construction and completion, and optimizing production throughout the life of the asset.
Halliburton's fascinating and proud history reveals a
continuous focus on innovation and expansion that began with the company's
founder, Erle P. Halliburton. After borrowing a wagon, a team of mules and a
pump, he built a wooden mixing box and started an oil well cementing business
in Duncan, Oklahoma.
In the 1930s, Halliburton established its first research
laboratories where the company tested cement mixes, began offering acidizing
services to break down the resistance of limestone formations and increase the
production of oil and gas, and performed its first offshore cementing job using
a barge-mounted cementing unit at a rig in the Creole Field in the Gulf of
Mexico. This was the beginning of what was to become the world's most extensive
offshore service.
Halliburton took the initial steps toward becoming a
worldwide company in 1926. We sold five cementing units to an English company
in Burma, the start of our Eastern Hemisphere operations, and Erle P.
Halliburton sent his brothers to open our business in Alberta, Canada. We
opened in Venezuela in 1940. By 1946, the company – using its innovative
technology – had expanded into Colombia, Ecuador, Peru and the Middle East and
began performing services for the Arabian-American Oil Company, the forerunner
of Saudi Aramco.
In 1951, Halliburton made its first appearance in Europe as
Halliburton Italiana SpA., a wholly owned subsidiary in Italy. In the next
seven years, Halliburton launched Halliburton Company Germany GmbH, set up
operations in Argentina and established a subsidiary in England.
In 1984, Halliburton provided all of the well completion equipment
for the first multiwell platform offshore China. Two years later, Halliburton
became the first American company to perform an oilfield service job on the
China mainland
The final decade of the 20th century brought more changes
and growth to Halliburton. The company opened a branch office in Moscow in
1991.
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