Marine Link
Saturday, October 22, 2016

Halliburton Expects Leaner Days in Gulf

July 21, 2010

According to a July 19 report from the Houston Chronicle, despite a severe pullback in drilling in the Gulf of Mexico, Halliburton reported an 83% jump in profit and said it added 1,700 jobs in the second quarter, thanks to an increase in land-based drilling activity in North America and improved business abroad. But the company, with dual headquarters in Houston and Dubai, said it expects to feel the financial pinch of the government's six-month deep-water drilling moratorium and a slowdown of shallow-water drilling as soon as this quarter.

(Source: The Houston Chronicle)

Maritime Reporter Magazine Cover Oct 2016 - Marine Design Annual

Maritime Reporter and Engineering News’ first edition was published in New York City in 1883 and became our flagship publication in 1939. It is the world’s largest audited circulation magazine serving the global maritime industry, delivering more insightful editorial and news to more industry decision makers than any other source.

Maritime Reporter E-News subscription

Maritime Reporter E-News is the subsea industry's largest circulation and most authoritative ENews Service, delivered to your Email three times per week

Subscribe for Maritime Reporter E-News