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Halliburton Company provides a variety of services and products to customers in the energy industry. The Company operates under two divisions: the Completion and Production segment, and the Drilling and Evaluation segment. It offers a suite of services and products to customers through its two business segments for the exploration, development, and production of oil and gas. Halliburton Company serves national and independent oil and gas companies throughout the world. In July 2007, the Company acquired the entire share capital of PSL Energy Services Limited (PSLES), an eastern hemisphere provider of process, pipeline, and well intervention services. PSLES has operational bases in the United Kingdom, Norway, the Middle East, Azerbaijan, Algeria and Asia Pacific. In January 2007, Halliburton Company acquired all intellectual property, current assets and existing business associated with Calgary-based Ultraline Services Corporation (Ultraline), a division of Savanna Energy Services Corp. (Source: 10-K)
In 1972, the company originated as Knight Specialties in Morgan City, Louisiana, out of the trunk of founder Eddy Knight`s car. Through organic growth and acquisitions, the company became Knight Oil Tools in 1984. Knight Oil Tools` vision is to build upon our strong commitment to provide quality equipment and outstanding customer service. We continually expand the company`s abilities with innovative technology, knowledgeable personnel and uncompromising service. Knight Oil Tools has evolved into a company that provides complete rental, fishing, well services, manufacturing packages, saw services, drilling jars, inspection, hardbanding and safety training to the oil and gas industry – worldwide. Knight Oil Tools broadens operations and technologies, both domestically and internationally, through internal growth, well-executed acquisitions and the enhancement of manufacturing capabilities. However, the attributes that have remained constant since 1972, include the level of experienced personnel, quality equipment and a commitment to safety and service within each service line. Today, Knight Oil Tools and its service lines - Rental Tool Services, Fishing Services, Well Services, Manufacturing, Inspection and Hardbanding and QHSE Training and Consulting - are the largest privately held rental and fishing tools company in the world.
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