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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Halosource CP S | LSE:HAL | London | Ordinary Share | VGG425271126 | ORD USD0.0001 (REG S) (DI) |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 0.55 | - | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
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0 | 0 | N/A | 0 |
Date | Subject | Author | Discuss |
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06/11/2003 07:37 | WASHINGTON (AFX) - The US Army may replace Halliburton as the agent for future gasoline imports into Iraq following accusations of overcharging, two senior Democratic lawmakers said. The Army Corps of Engineers was considering switching the business to the Pentagon's Defense Energy Support Center, said two Democrats in the House of Representatives, Henry Waxman and John Dingell. "Given the extraordinarily high prices that Halliburton has been charging to import gasoline, this action could save American taxpayers hundreds of millions of dollars," they wrote in a letter to the Army Corps. The Army Corps was not immediately available to comment. Waxman and Dingell said they learned of plans to switch the business away from Halliburton during discussions with the director of the Defense Energy Support Center, Jeffrey Jones. "According to Mr. Jones, the Corps asked the Defense Energy Support Center to take over the job of bringing gasoline and other fuels into Iraq," the lawmakers wrote. The center was now evaluating how long it would take to assume Halliburton's gasoline import responsibilities, they wrote. Waxman is the senior Democrat in the House of Representatives' committee on government reform and Dingell the ranking Democrat in the House committee on energy and commerce. The lawmakers said they were surprised no one had checked with the Defense Energy Support Center earlier. "If the center had been consulted before Halliburton was tasked with importing fuel under its no-bid sole-sources contract, many millions of dollars could have been saved," Waxman and Dingell wrote. The two Democrats have accused Halliburton of charging the US government 162.5 mln usd for 61.3 mln gallons of gasoline imported from Kuwait, equivalent to 2.65 usd a gallon. They said officials had told them the Defense Energy Support Center was already importing some gasoline into Iraq for military use for less than half that amount. "According to these officials, the Defense Energy Support Center can even deliver jet fuel all the way to Antarctica for significantly less than Halliburton charges to take gasoline just 400 miles (640 kilometers) from Kuwait to Baghdad," the lawmakers said. djw/ceh/rf/lam | waldron | |
01/11/2003 12:28 | Bravo Belabed, No problems but lack of debate. Scenerio:Huge UK contract maybe for Halliburton. Trade off, More contracts for Uk Co.s in IRAQ. enjoy your weekend | grupo guitarlumber | |
01/11/2003 12:17 | What's your problem with Halliburton being awarded Iraq contracts? In Aberdeen where I live they are the largest employer,this means that we are benefitting from their success. Halliburton have also been involved with the US army in every conflict for over twenty years helping with the logistics of going to war.They are the preffered bidder in most instances because of their experience of working in hostile countries. | belabed | |
01/11/2003 11:12 | Maywillow, You sure it was Ramco and not Rambo? | waldron | |
18/10/2003 07:11 | or is it Gang | waldron | |
18/10/2003 07:10 | CHENEY LINK | waldron | |
13/10/2003 18:52 | LONDON (AFX) - The US will create a new agency, under the aegis of the Pentagon, to oversee the distribution of contracts to rebuild Iraq, a US defence official told a conference here. The new agency, as yet unnamed, will be introduced at the beginning of November under the direction of retired admiral David Nash, Deputy Under Secretary of Defence for International Technology Security John Shaw told the "Doing Business in Iraq" conference. It will be charged with coordinating sub-contracting work in Iraq, notably by US groups Bechtel and Halliburton Co, the main contractors in Iraq's reconstruction. Shaw admitted there were "divergences" between the US Agency for International Development (USAID) -- responsible for the rebuilding of Iraq under the supervision of the State Department -- and the Department of Defence over the distribution of sub-contracts. sl/wf | waldron | |
26/9/2003 11:52 | OSLO (AFX) - DSND Inc said its Subsea 7 venture with Halliburton Co has signed a 30 mln stg letter of intent with DNO Britain Ltd to develop the Broom oilfield in the North Sea. The UK Department of Trade and Industry recently granted approval to develop the Broom field as a subsea tieback to the Heather Alpha platform, with a production start target of June 2004. Construction on the project, which involves installing a 7 km pipeline bundle, is due to start in the fourth quarter, DNSD said. elisabeth.dalseg@afx ebd/jms | maywillow | |
21/9/2003 16:36 | LONDON (AFX) - UK companies may be barred form bidding for 1.5 bln usd worth of contracts to rebuild Iraq's power and water infrastructure, according to the Sunday Times newspaper, citing a report in the Middle East Economic Digest. The US Agency for International Development (USAid) is expected to put the contacts -- known as Infrastructure II -- out to tender at the end of September. Only American companies will be allowed to bid, it said. US-based Bechtel earlier won the first major contract auctioned by the USAid earlier this year. mbe/jsa | maywillow | |
10/9/2003 11:54 | OSLO (AFX) - DSND Inc said its Subsea 7 unit won a contract worth approximately 19 mln usd to install two rigid flowlines in the Baobab field offshore west Africa. Subsea 7 is a joint venture between DSND and Halliburton Co. The contract was awarded by Technip-Coflexip unit Technip Offshore UK Ltd. Both flowlines are fabricated in the UK, where they will be spooled onto Subsea 7's rigid pipelay vessel and transported to and installed in the field. The work will commence in fourth-quarter 2004, DSND said. This is Subsea 7's first major contract in West Africa. elisabeth.dalseg@afx ebd/vs | waldron |
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