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GVA Consultants

Sweden

Date: March 2001 – October 2003

Deal: The Congressional Research Service reported that in March 2001, GVA Consultants signed a deal worth $225 million with Iran for Caspian Sea exploration (Congressional Research Service, July 9, 2009).

In fall 2001, after the deal was signed, GVA was acquired by Halliburton (Halliburton Company Website, October 21, 2003).

In a company press release, Halliburton stated that as of January 2005, it would no longer take new business in Iran (Halliburton Company Press Release, April 9, 2007). On April 9, 2007, Halliburton announced that all of its contractual commitments in Iran had been completed and the company was no longer working in the country (Halliburton Company Press Release, April 9, 2007).

Ties to U.S. Business: According to USAspending.gov, GVA Consultants has not received any federal government contracts in the last 10 years (USASpending.gov, accessed July 8, 2014).

Last Updated: July 8, 2014