The company also announced it was curtailing operations in Venezuela due to unpaid bills from the state oil company. This follows Schlumberger's decision to reduce exposure to the country. Halliburton has about $700 million in accounts receivable to PDVSA, which if written off, could have a substantial impact on its working capital.
1 reply
Yes I agree Halliburton are good at blowing money away and it costs many people hardship all round that includes familys also its pretty good you work hard for the company do as told by managers then as for me paid off that show how the company care what makes it even worse you put money into company shares scheme and they don't even pick up the tax payable on it they are fly all round..