DII Industries and Kellogg, Brown & Root (“KBR”) and their subsidiaries are affiliated companies and are subsidiaries of Halliburton Company.
Founded in 1919, Halliburton is one of the world’s largest providers of products and services to the oil and gas industries. The Company serves its customers with a broad range of products and services through its Energy Services Group and KBR.
Halliburton expanded through internal growth and acquisition since it’s establishment in 1919. Major acquisitions included Brown & Root, an engineering and construction company, in 1962 and Dresser Industries (DII), a major provider of services for the oil industry, in 1998. DII had previously acquired M.W. Kellogg, a leader in petroleum refining and petrochemical processing, technology, engineering and construction, in 1988.
On November 22, 2004, DII Industries filed for reorganization under Chapter 11 of the U.S. Bankruptcy Code.NEXT LESSON