Halliburton is a large oil well
service company. It was founded in 1919 by Erle P. Halliburton in the small town of Duncan, Oklahoma
. From its humble beginnings in southwestern Oklahoma, it has grown into a worldwide conglomerate
s and techniques have revolutionized the oil well service industry
. Much of Halliburton's current work is on offshore drilling. Over the years, Halliburton has made a large number of merger
s and acquisition
s, broadening its focus from just drilling to such things as geological
processing, and compressor
s. Its most famous merger was with Dresser
in 1998. Halliburton is also currently partnering with Royal Dutch/Shell
on several projects.
Richard B. Cheney, Vice-President to President George W. Bush, used to be the CEO of Halliburton.