Resources
Qatar-Bahrain causeway: A bridge between differing cultures
...the islands to Bahrain and the town to Qatar.The jointly funded Friendship Bridge, which will be built by a consortium led by KBR, a US engineering company, has also been delayed for more pragmatic reasons. Work was due to begin in early 2009, but was postponed...
Services: KBR believes it is ready to construct a new image
KBR, a global engineering, construction and services company...among its key government and infrastructure clients, the name KBR conjures up a string of bad publicity over accusations it...employees in harm's way in war zones.But last month, when KBR announced a 21 per cent drop in net income in the first quarter...
Wall Street slides in choppy trading
...prices sunk lower on a weak demand outlook. Chevron fell 1.1 per cent to $70.91 while ExxonMobil lost 0.8 per cent to $69.07. KBR, the engineering, construction and services company, gained 1.8 per cent to $23.32 after winning a contract to work on a gas...
Battling bribery
...shown the strength of its laws.Last week, KBR and its former parent company Halliburton...for a gas liquefaction plant in Nigeria, KBR paid over $180m in bribes to top-level Nigerian...national oil company officials. The account of KBR's corruption - the company and its then...
Graft scandal group escapes blacklist
...further tranche of bribes.February 2009 KBR, MW Kellogg's majority owner, fined $402m...FT researchIts US-based majority owner, KBR, admitted last week in a Houston court to...some at the highest levels of government. KBR admitted using its subsidiary MW Kellogg...
Auto bankruptcy options
...Chapter 11 (reorganisation). The latter can be negotiated ahead of time. For example, oilfield services company Halliburton put its KBR subsidiary through a prepackaged reorganisation after being overwhelmed by asbestos litigation. This can be far cheaper and might...
Reasons to be cheerful in troubled times
...year) has been selling: Freeport-McMoRan Copper & Gold; Cliffs Natural Resources; KBR Inc. All trade for two to three times cash flows, with solid balance sheets. KBR has $10 a share in cash, is about a $16 stock and will earn $1.6 a share next year...
Shares to vote for any day of the week
...expanded its cargo fleet. He bought ships from another company he controlled but took only stock as payment. He's a believer.KBR, the engineering and construction company, has $10 a share in cash, could earn $2 a share, and has a $20bn backlog of orders...
Halliburton makes all-cash offer for Expro
...15.45.Halliburton, which was formerly led by US vice-president Dick Cheney, is keen to win Expro, having last year split off KBR, its engineering and construction arm, as a separate company in an attempt to focus on its energy services business.However...
Companies to pay fines in bribe case
...settle US criminal and civil allegations that KBR bribed Nigerian government officials to...by Dick Cheney, former US vice-president. KBR was a wholly owned subsidiary of Halliburton...oilfield services company, until 2007, when KBR became a separate company.Of the total fines...
