Running head : HALIBURTONHALIBURTONAuthorAuthor AffiliationIntroductionHalliburton Company s roots dates back to 1919 when it was founded by a brother and brother-in-law duo-Brown Root . While the familiarity started initially as a cement ac phoner , it rapidly change into dangerous engineering including manufacturing of complex crude platforms , dams and Navy warships . At this geological period , Earl Halliburton who was an entrepreneur in Tennessee was involved in the manufacturing of a breakthrough process known as `oil-well cementing in which cement was send down an oil-well in to build a groin to cut-off irrigate and other unnecessary pollutants (Military : HalliburtonPresently , Halliburton spans five crease areas such as Drilling and Formation Evaluation , Fluids , Production optimization , landmark and Other Ene rgy Services and the Engineering and grammatical manifestation Group . During 1962 , the company that was acclaimed as a rapidly maturement oil-well construction and services company acquired Brown and Root which was as well an established road construction company and a prevalent contractor (Military : HalliburtonLegal be intimate refering Halliburton CompanyIn the opinion of executives of oil industry as also secret UN records Halliburton held stakes in two companies and inked contracts to deal break through in excess of 73 million oil takings machinery and components to Iraq at the height of disjuncture War during the regime of Cheney as the chairman and CEO . and the CEO had earlier maintained that he had a ` true policy in come to the fore against trading with Iraq right away . However , Cheney s counselor Mary Matalin maintained that the trade was totally legal . But judged otherwise , it is justifiedly an instance of how US companies regularly use foreign subsidiaries and JVs to thump performing s! hort letter with Iraq , which does not infringe U .S . laws as long as it happens within the purview of the `oil-for-food program operated by the UN . These dealings revealed that Halliburton s affiliates carried out extensive and at times uncertain dealings with the Iraqi Govt .
The news about Halliburton s business with Iraq was low carried out by the Washington Post during February 2000 . However , UN records got by the Post revealed that the deals were more widespread compared to what was originally reported (Lynch , 2001Ethical issue impacting Halliburton CompanyHalliburton operating in the energy services sector is a multidimension al company offering a lot of avenues to career-minded slew . According to Weldon slops , Senior Vice President , humans Resources , Halliburton regularly solicits feedback from his employees unheeding of it being constructive or otherwise . It is this feedback which helps the company return its business in more than one hundred twenty dollar bill nations with a high level of ethical motive (Morrison , 2005The company believes that ethics are the principles and values which help in test its business . It is the basic building block regarding the manner in which the company operates in its routine manner . A take up impact of this firm belief in ethics has been that Halliburton s commitment is per annum to the industry by way of financing for their membership dues with SPE , the American Association of Petroleum Geologists and the Society of...If you want to get a full essay, order it on our website: BestEssayCheap.com
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