President Dick Cheney, doubled its profits in the last quarter of 2010, even as the US government tarred it with "systemic failures" in the BP Deepwater Horizon drilling disaster.
Higher crude prices and demand for drilling equipment boosted net income to $605m (£380m) from $243m a year earlier. Sales in North America were the largest source of revenue, rising 83% to $2.63bn even as its Gulf of Mexico operations reported a loss. Halliburton said a recovery in the number of rigs operating in the Gulf remains "uncertain" this year.
Source: The Guardian
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