Competitive Position of Halliburton
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Competitive Position of Halliburton
Halliburton is one of the largest corporations in the United States. An excerpt from the companys website describes the company:
Halliburton is one of the worlds largest providers of products and services to the oil and gas industries. The Company adds value through the entire lifecycle of oil and gas reservoirs and provides and integrates products and services, starting with exploration and development, moving through production, operations, maintenance, conversion and refining, to infrastructure and abandonment. Halliburton employs more than 100,000 people in over 120 countries working in five major operating groups:
Halliburtons Energy Services Group consists of four business segments:
Drilling and Formation Evaluation
Fluid Systems
Production Optimization
Digital and Consulting Solutions
These segments offer a broad array of products and services to upstream oil and gas customers worldwide, ranging from the manufacturing of drill bits and other downhole and completion tools to pressure pumping services.
Halliburtons competitive position rests in its ability to be a sole source provider of all goods and services needed for the oil and gas industries. The company relies on its ability to do all things related in this field from exploration to refining. It has been in business since 1919 and over that period of time, the company has developed expertise and resource strengths that rivals like Bectel and Dyncorps have a hard time matching. Halliburton is a company worth over $20 billion. At this size, the company has unmatched capabilities that allows it to provide goods and services for an entire project from cradle to grave.
Vision Statement
Leading the world in integrated energy services, energy equipment, engineering, construction, and maintenance. Supported by four key goals:
Technological Leadership
Operational Excellence
Innovative Business Relationships
Dynamic