is an American multinational corporation and currently one of the world's largest[8] oil field services companies with operations in more than 80 countries. It owns hundreds of subsidiaries, affiliates, branches, brands, and divisions worldwide and employs approximately 100,000 people.[7]
The company has dual headquarters located in Houston and in Dubai, where Chairman and CEO David Lesar works and resides, "to focus [the] company’s Eastern Hemisphere Growth."[9] The company remains incorporated in the United States.[10][11][12]
Halliburton's major business segment is the Energy Services Group (ESG). ESG provides technical products and services for petroleum and natural gas exploration and production. Halliburton's former subsidiary, KBR, is a major construction company of refineries, oil fields, pipelines, and chemical plants. Halliburton announced on April 5, 2007 that it had sold the division and severed its corporate relationship with KBR, which had been its contracting, engineering and construction unit as a part of the company for 44 years.[13]
The company has been involved in numerous controversies, including the Deepwater Horizon explos