Or are they going to keep ripping us off?
ABC News: Halliburton Will Move HQ to Dubai
Oil services giant Halliburton Co. will soon shift its corporate headquarters from Houston to the Mideast financial powerhouse of Dubai, chief executive Dave Lesar announced Sunday.
“Halliburton is opening its corporate headquarters in Dubai while maintaining a corporate office in Houston,” spokeswoman Cathy Mann said in an e-mail to The Associated Press. “The chairman, president and CEO will office from and be based in Dubai to run the company from the UAE.”
Lesar, speaking at an energy conference in nearby Bahrain, said he will relocate to Dubai from Texas to oversee Halliburton’s intensified focus on business in the Mideast and energy-hungry Asia, home to some of the world’s most important oil and gas markets.
“As the CEO, I’m responsible for the global business of Halliburton in both hemispheres and I will continue to spend quite a bit of time in an airplane as I remain attentive to our customers, shareholders and employees around the world,” Lesar said. “Yes, I will spend the majority of my time in Dubai.”
4 Responses
I so loved this when I read it
its more a sign of how the interconnections run deep between the various powers to be, our government is more run by those moving to Dubai than here.
I read this as a more interesting note on how the power structure here is really being run but others elsewhere.
I’m looking for a new oil trading bourse in Dubai, which looks like it’s also aiming to be the new world financial center.
Going to be a real hot spot for terror, too, I would guess. Or a nice nuke target….
How is it exactly that Haliburton hasn’t been shut down?!
Um, Cheney is still vice-president….