Corporate Office HQ

Halliburton Corporate Office

Halliburton Company

Halliburton Company has its roots in the 1919 founding of the New Method Oil Well Cementing Company by Erle Halliburton. In 1921 he patented his new method of excluding water from oil wells. Halliburton then invented the cement jet mixer, which eliminated hand-mixing of cement.

By 1922 the company had cemented over 500 oil wells. In 1938 Halliburton cemented its first off-shore well off the coast of Louisiana. In 1940 the company opened offices in Venezuela to introduce bulk handling of cement for the oil industry.

In 1968 Halliburton developed an automated mixing system for drilling mud, to be used off-shore.

History

The Pentagon, led by then-defense secretary Dick Cheney, paid Halliburton subsidiary Brown & Root Services $8.5 billion to study the use of private military forces with American soldiers in combat zones in 1991 following Operation Desert Storm. In 1995, Cheney became CEO of Halliburton. Cheney resigned from the company during the 2000 U.S. presidential election when he went on to become Vice President of the United States. Halliburton was embroiled in several controversies relating to the company’s ties to Cheney, especially during the 2003 Iraq War.

In 2010 investigations carried out by the National Commission found that poor practices of Halliburton staff had contributed to the Deepwater Horizon explosion. The cement used by Halliburton was an unstable mixture that caused hydrocarbons to leak into the well and caused the explosion that started the crisis.

Today Halliburton is one of the world’s largest oilfield services companies and has operation in more than 80 countries. Halliburton employs more than 100,000 people worldwide through its hundreds of subsidiaries, affiliates, and divisions. Halliburton’s revenue for 2011 was $24.8 billion.

Murphy Oil Corporate Office

Murphy Oil Corporation

Murphy Oil Corporation was founded in the early 1900’s by Charles H. Murphy as a lumber company. The company owned thousands of acres of timberland along the Arkansas-Louisiana border.

Murphy drilled his first oil well in Louisiana in 1907. However, his oil exploration efforts did not actually begin until the discovery of two large oil fields by his associates in Southern Texas and Arkansas. This is when Murphy realized that his land had more value for oil than timber.

Charles H. Murphy was succeeded by his son, Charles H. Murphy, Jr. in the 1950’s. He reincorporated the company as Murphy Corporation.

History

Charles H. Murphy, Jr. helped found the Ocean Drilling and Exploration Company (ODECO), which was a pioneer in off-shore drilling.

In the early 1960’s Murphy began to expanding the company’s drilling network. In 1964 he changed the name of the company to Murphy Oil Corporation to reflect its concentration on fossil fuels.

The OPEC oil embargo of 1973 was a boon to Murphy Oil, with profits ballooning from $14.3 million to $60 million. The company reached $1 billion in sales for the first time in 1977.

Today Murphy Oil has three major subsidiaries: Murphy Oil and Exploration Company, which is engaged in crude oil and natural gas activities worldwide, Murphy Oil Company, Ltd. which is engaged in crude oil and natural gas activities in Canada, and Murphy Oil USA, which markets petroleum products in the United States.

Murphy Oil has 8,600 employees worldwide and had $27.7 billion in revenue in 2011.

Murphy Oil Corporation was founded in the early 1900's by Charles H. Murphy as a lumber company. The company owned thousands of acres of timberland along the Arkansas-Louisiana border. Murphy drilled his first oil well in Louisiana in 1907. … [Continue reading] about Murphy Oil Corporate Office

Cigna Corporate Office

Cigna

Cigna was formed in 1982 by the merger of the Connecticut General Life Insurance Company (CG) and the Insurance Company of North America (INA).

INA was the first stock insurance company in America and was founded in 1792. INA is considered to be the ancestor of Cigna. CG was created in 1865 by a special act of the Governor of Connecticut.

In the late 1990’s Cigna had one of the largest international networks in the traditional insurance market. However, the company sold its property and casualty business to ACE Insurance in order to concentrate on its core business.

History

In 1997 Cigna sold most of its life insurance operations to Lincoln National Corporation.

In 2011 Cigna acquired HeathSpring Inc for $3.8 billion to jump start its business selling medicare plans, growing its numbers from 46,000 to 400,000 Medicare Advantage members.

Today Cigna and its subsidiaries are major providers of medical, dental, disability, life, and accident insurance and related products and services. Cigna operates in 30 countries, has over 35,000 employees, and had $29.119 billion in revenue in 2012.

Cigna was formed in 1982 by the merger of the Connecticut General Life Insurance Company (CG) and the Insurance Company of North America (INA). INA was the first stock insurance company in America and was founded in 1792. INA is considered to be … [Continue reading] about Cigna Corporate Office

3M Company Corporate Office

3M Company

3M was founded in 1902 in Minnesota as Minnesota Mining and Manufacturing Company, a mining venture with the goal to mine corundum. This venture failed and in 1905 the company began producing sandpaper products.

The company had a few early innovations, including waterproof sandpaper (1921), masking tape (1925), “Scotch Tape” and sound-deadening material for cars.

During the 1950’s 3M expanded to Canada, Mexico, France, Germany, Australia, and the U.K.

History

In 1979 3M introduced a commercially available digital audio recording system. In 1980, the company introduced Post-it notes.

In 2002 3M acquired AiT Advanced Information Technology Corp, for $37.4 million in cash.

Today 3M produces more than 55,000 products, including adhesives, abrasives, laminates, dental products, electronic materials, electronic circuits, car-care products, and optical films.

3M Company is a multinational conglomerate with 88,000 employees and $29.6 billion in revenue in 2012.

Nationwide Mutual Insurance Company Corporate Office

Nationwide Mutual Insurance Company

Nationwide Mutual Insurance Company was founded in 1925 as the Farm Bureau Mutual Automobile Insurance Company in Columbus, Ohio. At first, the company only sold automobile insurance to farmers.

In 1934 the company expanded to offer insurance to residents of cities, as well as fire insurance after it purchased a struggling fire insurance company.

By 1943 Farm Bureau Mutual was operating in 12 states and the District of Columbia. In 1955 Farm Bureau changed its name to Nationwide Mutual Insurance Company. From 1955 to 1965 Nationwide expanded into a further 19 states, bringing the total to 32.

History

Today Nationwide Mutual Insurance Company & Affiliated Companies is a group of financial services and U.S. insurance companies. Nationwide has over 36,000 employees and had $30.356 billion in revenue in 2012. It is #100 on the Fortune 500.

Nationwide Mutual Insurance Company was founded in 1925 as the Farm Bureau Mutual Automobile Insurance Company in Columbus, Ohio. At first, the company only sold automobile insurance to farmers. In 1934 the company expanded to offer insurance to … [Continue reading] about Nationwide Mutual Insurance Company Corporate Office