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HAL Halosource CP S

0.55
0.00 (0.00%)
19 Apr 2024 - Closed
Delayed by 15 minutes
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
0 0 N/A 0

Halosource CP S Share Discussion Threads

Showing 26 to 35 of 150 messages
Chat Pages: 6  5  4  3  2  1
DateSubjectAuthorDiscuss
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@afxnews.com
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@afxnews.com
ebd/vs

waldron
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