What are we to make of Halliburton moving its HQ to Dubai?

indeed... what ARE we to make of it...? they are forsaking their houston digs and moving right out of the u.s... how very interesting...

Halliburton to Move Headquarters To Dubai, Keeping Office in Houston

DUBAI -- U.S. oil services giant Halliburton Co. will shift its corporate headquarters from Houston to Dubai, Chief Executive Dave Lesar said Sunday.

Halliburton will maintain a corporate office in Houston, but the company will be controlled from its office in the United Arab Emirates, company spokeswoman Cathy Mann explained.

"Halliburton is opening its corporate headquarters in Dubai while maintaining a corporate office in Houston," Ms. Mann said in an email to the Associated Press. "The chairman, president and CEO will office from and be based in Dubai to run the company from the UAE." She clarified "he will work from and his office will be in Dubai."

jerome a paris, posting at daily kos, speculates...

For a company that gets such a significant portion of its income from the US government, this is quite a stunning move, to say the least. Unless it means that they expect that this revenue stream will end soon - or that there is so little oil left in the USA that this is no longer where business will be? Or that it is suddenly becoming safer to stay away from US law enforcement authorities?

yes, i agree... it is stunning news... there are implications here that i'm not sure i can make sense out of, but, my guess is, they're HUGE...

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