Intel Corp (INTC)

[SemiconEng]

Halliburton and Intel Team to Advance Technology Solutions for Oil and Gas

Strange bedfellows:



Maybe, or maybe "Smart Bedfellows". While I don't particularly like the apparent "intimate" relationship of Haliburton to the highest levels of American Political leaders, and their "No Bid" contracts awarded thereof. That being said, I also have no issue with intel tuning their products based on Halliburtons knowledge of O&G, and their Logistical Distribution expertise.

Halliburton is a big O&G Company, and like it, or not, while it looks like Halliburton likely overcharged the US government for the products they "contracted" for, I also noted, that from all accounts that I've read, that the products got to where they were supposed to be, half way across the planet, in a very timely manner. That takes logistical horsepower, and expertise, and my guess is that "Oil And Gas" exploration industry, has good future growth potential.