[bmounier@sympatico.ca]

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So American companies will make a nice profit from the war. It makes me S=
ICK!

Brigitte
> =

> De: Lina Yune <midoil2001@yahoo.com.au>
> Date: 2003/03/25 mar. AM 11:51:50 GMT-05:00
> =C0: Powderworks Oil List <powderworks@cs.colorado.edu>
> Subject: [Powderworks] NMOC - why are we at war?
> =

> =

> G'day Powdermates,
> =

> Just wanted to share an article I just read:
> =

> http://money.cnn.com/2003/03/25/news/companies/war_contracts/index.htm
> =

> Iraq rebuilding contracts awarded =

> Halliburton, Stevedoring Services of America get government contracts f=
or early relief work.
> March 25, 2003: 11:24 AM EST =

> =

> =

> NEW YORK (CNN/Money) - The first contracts for rebuilding post-war Iraq=
 have been awarded, and Vice President Dick Cheney's old employer, Hallib=
urton Co., is one of the early winners. =

> =

> The Kellogg Brown & Root (KBR) unit of Halliburton (HAL: up $0.61 to $2=
0.73, Research, Estimates), of which Cheney was CEO from 1995 to 2000, wa=
s awarded a contract late Monday by the U.S. Army Corps of Engineers to p=
ut out oil fires and make emergency repairs to Iraq's oil infrastructure.=
 =

> =

> Cheney divested himself of all interest in Halliburton after the 2000 e=
lection. =

>  =

> Halliburton wouldn't disclose the monetary value of the contract, under=
 which Halliburton will put into action some of the firefighting and repa=
ir plans it detailed for the Army in a study it conducted in November. =

> =

> "KBR's ... contract is limited to task orders under the contract for on=
ly those services which are necessary to support the mission in the near =
term," Halliburton spokeswoman Wendy Hall said. =

> =

> Army Corps of Engineers representatives could not be reached for commen=
t. =

> =

> The most critical part of the contract could be the "emergency repairs"=
 portion, which could put Halliburton in prime position to handle the com=
plete refurbishment of Iraq's long-neglected oil infrastructure. =

> =

> Getting Iraq's oil fields to pre-1991 production levels will take at le=
ast 18 months and cost about $5 billion initially, with $3 billion more i=
n annual operating expenses, according to a recent study by the James A. =
Baker III Institute for Public Policy at Rice University, named for the f=
irst President Bush's secretary of state during the first Gulf War. =

> =

> Though none of the potential administrators of such a contract -- inclu=
ding the Defense Department, the State Department's U.S. Agency for Inter=
national Development (USAID) and the United Nations -- have claimed respo=
nsibility for handing out the job, Monday's award could mean the Defense =
Department will be in charge. =

> Related stories  Bush wants $75 billion for war Baghdad building bonanz=
a? Beware the hellfighter stock Boots & Coots gushes Halliburton-Iran con=
nection eyed =

> Halliburton said it has subcontracted the firefighting portion of the A=
rmy contract to Houston-based companies Boots & Coots International Well =
Control Inc. (WEL: down $0.08 to $1.02, Research, Estimates) and Wild Wel=
l Control, Inc., a private company. =

> =

> Hall of Halliburton said the fires should be put out in about 240 days.=
 Very few oil wells have been set ablaze by Iraqis so far, in contrast to=
 the first Gulf War in 1991, when Iraqi troops retreating from Kuwait set=
 fire to more than 700 Kuwaiti oil wells. Halliburton's KBR unit was invo=
lved in putting out the 1991 fires. =

> =

> Separately, USAID late Monday awarded a $4.8 million contract to Steved=
oring Services of America (SSA), a private company based in Seattle, to m=
anage the Umm Qasr ports in southern Iraq. =

> =

> Umm Qasr's ports, where U.S. and British troops have struggled for full=
 control, are seen as critical to efforts to bring humanitarian relief to=
 Iraqis. SSA will handle several tasks, including assessing the need for =
dredging and repairs to the ports and unloading and warehousing cargo. =

> =

> USAID plans to issue seven other contracts, including one for $600 mill=
ion for general construction work in post-war Iraq. Halliburton is among =
several companies reported to have put in bids for that contract.   =

> =

> --*Disclaimer
> =

> =

> =

> =

> Lina
> =

> =

> =

>  =

> =

> Concrete you don't free my soul... ...Midnight Oil
> =

> =

> =

> ---------------------------------
> Yahoo! Mobile
> - Check & compose your email via SMS on your Telstra or Vodafone mobile=
=2E
> =


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<P>G'day Powdermates,</P>
<P>Just wanted to share an article I just read:</P>
<P><A href="http://money.cnn.com/2003/03/25/news/companies/war_contracts/index.htm">http://money.cnn.com/2003/03/25/news/companies/war_contracts/index.htm</A></P>
<P>
<TABLE cellSpacing=0 cellPadding=0 width=440 border=0>
<TBODY>
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<TD vAlign=top><SPAN class=storysubheadline>Iraq rebuilding contracts awarded</SPAN> <BR><!--startclickprintexclude--></TD></TR>
<TR>
<TD vAlign=top><!--endclickprintexclude--><SPAN class=storytease>Halliburton, Stevedoring Services of America get government contracts for early relief work.</SPAN><BR><SPAN class=timestamp>March 25, 2003: 11:24 AM EST </SPAN><BR><!--startclickprintexclude--></TD></TR>
<TR>
<TD class=storytext vAlign=top><BR clear=all><!--endclickprintexclude-->
<P><B>NEW YORK (CNN/Money) - The first contracts for rebuilding post-war Iraq have been awarded, and Vice President Dick Cheney's old employer, Halliburton Co., is one of the early winners. </B></P>
<P>The Kellogg Brown &amp; Root (KBR) unit of <A href="http://cgi.cnnfn.com/mgi/mgi_search?QUERY=HAL">Halliburton</A> (<A href="http://gw.cnnfn.com/search/GW?symbol=HAL">HAL</A>: up $0.61 to $20.73, <A href="http://cnnfn.multexinvestor.com/TickerSearch.asp?ticker=HAL">Research</A>, <A href="http://cgi.cnnfn.com/firstcall/fc?ticker=HAL">Estimates</A>), of which Cheney was CEO from 1995 to 2000, was awarded a contract late Monday by the U.S. Army Corps of Engineers to put out oil fires and make emergency repairs to Iraq's oil infrastructure. </P>
<SCRIPT language=JavaScript>

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<P>Cheney divested himself of all interest in Halliburton after the 2000 election. </P><!--startclickprintexclude--><IMG height=161 alt="" src="http://money.cnn.com/2003/03/25/news/companies/war_contracts/hal.jpg" width=215 align=left border=0> <!--endclickprintexclude-->
<P>Halliburton wouldn't disclose the monetary value of the contract, under which Halliburton will put into action some of the firefighting and repair plans it detailed for the Army in a study it conducted in November. </P>
<P>"KBR's ... contract is limited to task orders under the contract for only those services which are necessary to support the mission in the near term," Halliburton spokeswoman Wendy Hall said. </P>
<P>Army Corps of Engineers representatives could not be reached for comment. </P>
<P>The most critical part of the contract could be the "emergency repairs" portion, which could put Halliburton in prime position to handle the complete refurbishment of Iraq's long-neglected oil infrastructure. </P>
<P>Getting Iraq's oil fields to pre-1991 production levels will take at least 18 months and cost about $5 billion initially, with $3 billion more in annual operating expenses, according to a recent study by the James A. Baker III Institute for Public Policy at Rice University, named for the first President Bush's secretary of state during the first Gulf War. </P>
<P>Though none of the potential administrators of such a contract -- including the Defense Department, the State Department's U.S. Agency for International Development (USAID) and the United Nations -- have claimed responsibility for handing out the job, Monday's award could mean the Defense Department will be in charge. </P><!--startclickprintexclude-->
<TABLE cellSpacing=0 cellPadding=3 width=170 align=right bgColor=#ffffff border=0>
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<TD>
<TABLE cellSpacing=0 cellPadding=0 width=215 border=0>
<TBODY>
<TR>
<TD><SPAN class=boxsubheadlinered>Related stories</SPAN> </TD></TR>
<TR>
<TD bgColor=#cc0000 height=1><IMG height=1 alt=graphic hspace=0 src="http://i.cnn.net/money/images/dot.gif" width=1 align=left border=0> </TD></TR>
<TR>
<TD>
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<TBODY>
<TR>
<TD vAlign=top align=top>
<TABLE cellSpacing=0 cellPadding=0 bgColor=#ffffff border=0>
<TBODY>
<TR>
<TD vAlign=top align=top><SPAN class=BoxStory><A class=bullets href="http://money.cnn.com/2003/03/24/news/economy/bush_war/index.htm">Bush wants $75 billion for war</A></SPAN> </TD></TR></TBODY></TABLE></TD></TR></TBODY></TABLE>
<TABLE cellSpacing=0 cellPadding=0 border=0>
<TBODY>
<TR>
<TD vAlign=top align=top>
<TABLE cellSpacing=0 cellPadding=0 bgColor=#ffffff border=0>
<TBODY>
<TR>
<TD vAlign=top align=top><SPAN class=BoxStory><A class=bullets href="http://money.cnn.com/2003/03/24/news/companies/war_halliburton/index.htm">Baghdad building bonanza?</A></SPAN> </TD></TR></TBODY></TABLE></TD></TR></TBODY></TABLE>
<TABLE cellSpacing=0 cellPadding=0 border=0>
<TBODY>
<TR>
<TD vAlign=top align=top>
<TABLE cellSpacing=0 cellPadding=0 bgColor=#ffffff border=0>
<TBODY>
<TR>
<TD vAlign=top align=top><SPAN class=BoxStory><A class=bullets href="http://money.cnn.com/2003/03/20/news/companies/war_bootsandcoots/index.htm">Beware the hellfighter stock</A></SPAN> </TD></TR></TBODY></TABLE></TD></TR></TBODY></TABLE>
<TABLE cellSpacing=0 cellPadding=0 border=0>
<TBODY>
<TR>
<TD vAlign=top align=top>
<TABLE cellSpacing=0 cellPadding=0 bgColor=#ffffff border=0>
<TBODY>
<TR>
<TD vAlign=top align=top><SPAN class=BoxStory><A class=bullets href="http://money.cnn.com/2003/03/19/news/companies/war_bootsandcoots/index.htm">Boots &amp; Coots gushes</A></SPAN> </TD></TR></TBODY></TABLE></TD></TR></TBODY></TABLE>
<TABLE cellSpacing=0 cellPadding=0 border=0>
<TBODY>
<TR>
<TD vAlign=top align=top>
<TABLE cellSpacing=0 cellPadding=0 bgColor=#ffffff border=0>
<TBODY>
<TR>
<TD vAlign=top align=top><SPAN class=BoxStory><A class=bullets href="http://money.cnn.com/2003/02/10/news/companies/terror_firms/index.htm">Halliburton-Iran connection eyed</A></SPAN> </TD></TR></TBODY></TABLE></TD></TR></TBODY></TABLE></TD></TR></TBODY></TABLE></TD></TR></TBODY></TABLE><!--endclickprintexclude-->
<P>Halliburton said it has subcontracted the firefighting portion of the Army contract to Houston-based companies <A href="http://cgi.cnnfn.com/mgi/mgi_search?QUERY=WEL">Boots &amp; Coots International Well Control Inc.</A> (<A href="http://gw.cnnfn.com/search/GW?symbol=WEL">WEL</A>: down $0.08 to $1.02, <A href="http://cnnfn.multexinvestor.com/TickerSearch.asp?ticker=WEL">Research</A>, <A href="http://cgi.cnnfn.com/firstcall/fc?ticker=WEL">Estimates</A>) and Wild Well Control, Inc., a private company. </P>
<P>Hall of Halliburton said the fires should be put out in about 240 days. Very few oil wells have been set ablaze by Iraqis so far, in contrast to the first Gulf War in 1991, when Iraqi troops retreating from Kuwait set fire to more than 700 Kuwaiti oil wells. Halliburton's KBR unit was involved in putting out the 1991 fires. </P>
<P>Separately, USAID late Monday awarded a $4.8 million contract to Stevedoring Services of America (SSA), a private company based in Seattle, to manage the Umm Qasr ports in southern Iraq. </P>
<P>Umm Qasr's ports, where U.S. and British troops have struggled for full control, are seen as critical to efforts to bring humanitarian relief to Iraqis. SSA will handle several tasks, including assessing the need for dredging and repairs to the ports and unloading and warehousing cargo. </P>
<P>USAID plans to issue seven other contracts, including one for $600 million for general construction work in post-war Iraq. Halliburton is among several companies reported to have put in bids for that contract. &nbsp;<A href="http://money.cnn.com/2003/03/25/news/companies/war_contracts/index.htm#TOP"><IMG height=7 alt="Top of page" src="http://i.cnn.net/money/images/bug.gif" width=7 border=0></A> </P><!--endclickprintinclude--></TD></TR>
<TR>
<TD class=boxlink vAlign=bottom height=40><BR>--*<I><A href="http://money.cnn.com/services/disclaimer.html">Disclaimer</A></I><BR></TD></TR></TBODY></TABLE></P><BR><BR><P>Lina</P>
<P><IMG src="http://us.i1.yimg.com/us.yimg.com/i/mesg/tsmileys/m.gif"></P>
<P>&nbsp;</P>
<P><STRONG>Concrete you don't free my soul...</STRONG> ...<EM>Midnight Oil</EM></P><p><br><hr size=1>
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