The BBC is reporting that Halliburton is out, and well, Turkish firms and a Texas company are in.

All seven new contracts rely on supplies from Turkey.

Six of the new deals, worth in total $200m, are with Turkish firms, with a seventh - the largest at $108.5m - going to a Texas-based operation.

The "supplies" mentioned above would be oil. Not services equipment, but petroleum.

The audit could result in refunds or other financial penalties, Halliburton said in a regulatory filing.

Among accusations the firm has faced is one of charging the US military for three times too many meals served to troops, while two staff have been dismissed for taking $6m bribes.

The staffers were merely dismissed for accepting bribes? Let's hope that in the Penatgon's investigation into Halliburton, that justice is served. Cold.