HALLIBURTON CO
8-K, 1999-11-02
HEAVY CONSTRUCTION OTHER THAN BLDG CONST - CONTRACTORS
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                       SECURITIES AND EXCHANGE COMMISSION

                             Washington, D.C. 20549

                                    FORM 8-K

                                 CURRENT REPORT

                     PURSUANT TO SECTION 13 OR 15(d) OF THE
                         SECURITIES EXCHANGE ACT OF 1934

                DATE OF REPORT (date of earliest event reported)

                                OCTOBER 27, 1999

                               Halliburton Company
             (Exact name of registrant as specified in its charter)

State or other                    Commission               IRS Employer
jurisdiction                      File Number              Identification
of incorporation                                           Number

Delaware                            1-3492                 No. 75-2677995

                               3600 Lincoln Plaza
                             500 North Akard Street
                            Dallas, Texas 75201-3391
                    (Address of principal executive offices)

                         Registrant's telephone number,
                       including area code - 214/978-2600






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<PAGE>

         INFORMATION TO BE INCLUDED IN REPORT

Item 5.  Other Events

         The registrant  may, at its option,  report under this item any events,
with respect to which information is not otherwise called for by this form, that
the registrant deems of importance to security holders.

         On October 27, 1999 registrant  issued a press release entitled Kellogg
Brown & Root Team Will Provide  Engineering For Sonatrach And BP Amoco's New Gas
Venture in Algeria  pertaining,  among other  things,  to an  announcement  that
registrant's  business  unit,  Kellog Brown & Root,  in a joint venture with JGC
from  Japan,  has  signed  a  contract  with BP Amoco  to  provide  pre-sanction
engineering  services  for  Sonatrach  and BP Amoco's  $2.3 billion In Salah gas
venture in Algeria.

Item 7.  Financial Statements and Exhibits

         List below the financial  statements,  pro forma financial  information
and exhibits, if any, filed as part of this report.

         (c)      Exhibits.

                  Exhibit 20 - Press release dated October 27, 1999.







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<PAGE>

                                   SIGNATURES

         Pursuant to the  requirements  of the Securities  Exchange Act of 1934,
the  registrant  has duly  caused  this report to be signed on its behalf by the
undersigned hereunto duly authorized.


                                       HALLIBURTON COMPANY




Date:    October 29, 1999              By:  /s/ Susan S. Keith
                                          --------------------------------
                                                Susan S. Keith
                                                Vice President and Secretary






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<PAGE>

                                  EXHIBIT INDEX



Exhibit                                                       Sequentially
Number                     Description                        Numbered Page

20                         Press Release of                   5 of 6
                           October 27, 1999
                           Incorporated by Reference







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                                   Exhibit 20


FOR IMMEDIATE RELEASE               CONTACT:Cindy Viktorin
October 27, 1999                            Halliburton Company
                                            (713) 676-7125
                                            [email protected]


               KELLOGG BROWN & ROOT TEAM WILL PROVIDE ENGINEERING
            FOR S ONATRACH AND BP AMOCO'S NEW GAS VENTURE IN ALGERIA

          In Salah Gas Development set to deliver gas to Europe in 2003

DALLAS, Texas -- A Kellogg Brown & Root joint venture has signed a contract with
BP Amoco to provide  pre-sanction  engineering  services  for  Sonatrach  and BP
Amoco's $2.3 billion In Salah gas venture in Algeria.  JGC from Japan is Kellogg
Brown & Root's partner in the joint venture.  Kellogg Brown & Root is a business
unit of Halliburton Company (NYSE: HAL).

The decision on whether the huge project will receive final sanction is expected
early next year.  The  project is set to deliver  nine to eleven  billion  cubic
meters of gas to southern Europe from 2003.

"This award is a  significant  win and a major step toward the ultimate  goal of
performing the construction for the facilities and infrastructure  scope of this
project," said Jack Stanley, president, Kellogg Brown & Root. "There is no doubt
that our  extensive  experience  in Algeria made a difference  and helped us win
this contract."
                                    - more -


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<PAGE>

Kellogg  Brown & Root  expects  to start  work on the  project  immediately  and
complete the pre-sanction scope within the next several months. The EPC phase is
expected to begin in 1st quarter 2000 and complete with first gas in 2003.

This  strategic  win adds to KBR's growing list of upstream oil and gas projects
in the  southern  desert of  Algeria.  In 1999,  KBR  completed  major  upstream
projects  at Rourde  el  Baguel  (Sonatrach/Arco  joint  venture)  and Tin Fouye
Tabankort (Sonatrach/ Total/ Respol joint venture).

Headquartered   in  Houston,   Kellogg   Brown  &  Root  is  an   international,
technology-based  engineering and construction company providing a full spectrum
of  industry-leading  services  to the  hydrocarbon,  chemical,  energy,  forest
products, manufacturing, and mining and minerals industries.

Halliburton   Company  is  the  world's  leading  diversified  energy  services,
engineering,  construction, maintenance and energy equipment company. Founded in
1919,  Halliburton  provides  a broad  range of energy  services  and  products,
industrial  and  marine   engineering  and  construction   services.   In  1998,
Halliburton's consolidated revenues were $17.4 billion and it conducted business
with a  workforce  of  approximately  100,000  in more than 130  countries.  The
company's World Wide Web site can be accessed at http://www.halliburton.com.

                                       ###


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