WASHINGTON — Despite a Pentagon probe into alleged overcharging for fuel delivered to Iraq, the Army awarded Vice President Dick Cheney's former company a contract Friday to rebuild Iraq's oil industry.
Halliburton won a competitive bid to rebuild the oil industry in southern Iraq, a contract worth up to $1.2 billion over two years, the Army Corps of Engineers said.
Last March, shortly after the U.S.-led invasion of Iraq, the Army gave Halliburton subsidiary KBR a no-bid contract to rebuild oil infrastructure throughout the country. The Army opened that contract for competitive bids last fall and split it into one for northern Iraq and one for southern Iraq.
The northern Iraq contract, worth up to $800 million, went to a joint venture of California-based Parsons Corp. and the Australian firm Worley Group Ltd.