HOUSTON--(BUSINESS WIRE)--Sep. 29, 2009--
The Halliburton Foundation announced today that it has endowed an
engineering faculty chair at Texas A&M University for a total of $1
million. Texas A&M University former students and friends of the
university working at Halliburton assisted in contributions to the $1
million donation. Since 1981, Halliburton’s monetary support for Texas
A&M has totaled approximately $7 million.
“We are most appreciative to Halliburton and its employees for choosing
to make a wise investment in the future through this gift,” said Dr. G.
Kemble Bennett, vice chancellor and dean of Texas A&M Engineering. “This
endowment will provide the means to keep Texas A&M competitive in
recruiting and retaining top faculty members who will enhance the
educational experience of countless students studying under holders of
the Halliburton Chair Professor.”
Currently, Halliburton hires a large number of Texas A&M University
graduates annually.
“Our partnership with Texas A&M is strong and long-standing,” said Dave
Lesar, Halliburton chairman, president and chief executive officer.
“Texas A&M continues to be a top recruiting school for Halliburton in
the number of students joining the company straight from the university.”
Distributions from the endowment can fund a variety of educational
enrichments, including student support, faculty development, curriculum
enhancement and research initiatives.
About the Halliburton Foundation
Established in 1965, the Halliburton Foundation, a nonprofit
organization supporting educational and charitable purposes, supports
education at all levels, through employee matching gifts, direct grants
and scholarships. In 2008, the Halliburton Foundation contributed nearly
$3 million to enhance educational opportunities at K-12 and higher
educational institutions.
About Halliburton
Founded in 1919, Halliburton (NYSE:HAL) is one of the world’s largest
providers of products and services to the energy industry. With more
than 50,000 employees in approximately 70 countries, the company serves
the upstream oil and gas industry throughout the life cycle of the
reservoir – from locating hydrocarbons and managing geological data, to
drilling and formation evaluation, well construction and completion, and
optimizing production through the life of the field.
Source: Halliburton
Halliburton
Director, Corporate Affairs
Cathy Mann,
+1-281-871-2605
cathy.mann@halliburton.com
