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In 1998, Dresser merged with its main rival Halliburton. [1] Halliburton sold many of former Dresser non "oil patch" divisions, retaining the M W Kellogg Engineering and Construction Company and the Dresser oil-patch products and services that complemented Halliburton's energy and natural resource businesses. In 2001 Halliburton sold five ...
In 2018, the Dresser-Rand Government Business unit of Siemens Government Technologies was sold to Curtiss-Wright Corporation for $212.5 million in cash. [19] At the time of acquisition, Dresser-Rand was an exclusive supplier of steam turbines and main engine guard valves across all aircraft carrier programs.
KBR and Halliburton also paid $177m USD in disgorgement of profits to the Securities and Exchange Commission (SEC) due a civil complaint filed by the SEC relating to the FCPA charges. [49] Former CEO Albert Jackson Stanley, who ran KBR when it was a subsidiary to Halliburton, was sentenced to 30 months in prison via plea agreement. [50] [51]
Chest of drawers from the 18th century, collection King Baudouin Foundation. A chest of drawers, also called (especially in North American English) a dresser or a bureau, [1] is a type of cabinet (a piece of furniture) that has multiple parallel, horizontal drawers generally stacked one above another.
In 1998, Halliburton merged with Dresser Industries, which included Kellogg. Prescott Bush was a director of Dresser Industries, which is now part of Halliburton; his son, former president George H. W. Bush , worked for Dresser Industries in several positions from 1948 to 1951, before he founded Zapata Corporation .
Wellstream was acquired by Dresser Industries in 1995 and subsequently became part of Halliburton when it merged with Dresser in 1998. Halliburton sold off Wellstream to a Candover -led consortium for $136 million in 2003, [ 3 ] which in turn listed the firm on the London Stock Exchange in April 2007. [ 4 ]
This is a list of furniture types. Furniture can be free-standing or built-in to a building. [1] They typically include pieces such as chairs, tables, storage units, and desks. [1] These objects are usually kept in a house or other building to make it suitable or comfortable for living or working in.
A hutch is an American English word for a particular type of furniture with a set of shelves or cabinets placed on top of a lower unit with a counter and either drawers or cabinets. Modern hutches are typically made of timber. The term originates from a hutch table.