Kristy
05-22-2008, 09:35 AM
Halliburton CEO Dave Lesar said opening a second headquarters last year in Dubai was the 'right decision' as the oil and gas industry continues to grow outside the US, reported the Houston Chronicle. Speaking at the company's annual meeting, Lesar said he believes Halliburton needs to go where the reserves are, because that is where its future business is going to be. Halliburton will 'continue to have many, many employees in Houston' and remain a US company for tax purposes, he added.
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