"One of my goals would be to find a set of investors or investor interested in taking a longer-term investment in the company," Halliburton CEO Dave Lefar said.
The company is tracking about 60 projects worldwide worth about $80 billion for which it may compete during the next five years, Lesar told a briefing in
The company recently relocated its headquarters to
About 70 per cent of that potential market is outside the
"If you look at a map of global oil and gas reserves, the focus of our business and industry is clearly moving to this part of the world," he said.
The company aims to do 50 per cent of its business in the
The oil services giant plans a secondary listing of its shares in the region. It has yet to decide on which bourse to list, but it could be on
He said there are no tax implications for the company due to the move to
When the company announced Lesar was moving to
Halliburton aims to boost its number of employees worldwide by about 14,000 this year, Lesar said. During the first quarter it took on around 4,800, of which around 2,000 were outside the
Vice president Dick Cheney was chief executive of Halliburton from 1995 to 2000. Former Halliburton unit is the US Pentagon"s largest contractor in
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