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 26, 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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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 26, 1999 registrant issued a press release entitled
Halliburton Business Units Selected as Preferred Bidder For Offshore Brazil
Barracuda And Caratinga Fields pertaining, among other things, to an
announcement that registrant's business units, Brown & Root Energy Services and
Halliburton Energy Services, have been selected by Barracuda & Caratinga
Development Corporation as the preferred bidder for the development of both the
Barracuda and the Caratinga Offshore Fields in Brazil. Barracuda & Caratinga
Development Corporation and registrant anticipate contract closure around
mid-December 1999. This will be the largest single engineering, procurement,
installation and construction contract in recent years.
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 26, 1999.
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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 26, 1999 By: /s/ Susan S. Keith
--------------------------------
Susan S. Keith
Vice President and Secretary
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EXHIBIT INDEX
Exhibit Sequentially
Number Description Numbered Page
20 Press Release of 5 of 5
October 26, 1999
Incorporated by Reference
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FOR IMMEDIATE RELEASE CONTACT: Dirk Vande Beek
(October 26, 1999) Public Relations
Halliburton Company
(713) 676-8097
Guy Marcus
Vice President - Investor Relations
Halliburton Company
(214) 978-2691
HALLIBURTON BUSINESS UNITS SELECTED AS PREFERRED BIDDER
FOR OFFSHORE BRAZIL BARRACUDA AND CARATINGA FIELDS
DALLAS, Texas - Halliburton Company (NYSE: HAL) business units Brown & Root
Energy Services (BRES) and Halliburton Energy Services (HES) has been selected
by Barracuda & Caratinga Development Corporation (BCDC), as the preferred bidder
for the development of both the Barracuda and the Caratinga Offshore Fields in
Brazil.
Barracuda & Caratinga Development Corporation and Halliburton anticipate
contract closure around mid-December 1999. The work will be on a full
engineering, procurement, installation and construction (EPIC) basis, including
construction of the wells, fabrication and installation of flowline and risers,
construction and installation of two floating, production, storage, offloading
vessels (FPSOs), and the commissioning, start-up and operations support for both
fields. This will be the largest single EPIC contract in recent years.
The Barracuda and Caratinga Fields are in the Campos Basin, offshore Brazil, in
785 and 1035 meters of water respectively. Barracuda & Caratinga Development
Corporation has undertaken to negotiate on an exclusive basis with Halliburton.
"We are proud to be selected as the preferred bidder," said Dick Cheney, chief
executive officer, Halliburton Company. "We look forward to the completion of
the contract with BCDC and starting the work on this important project."
Brown & Root Energy Services supplies engineering, construction, operations and
maintenance services to the upstream oil and gas industry worldwide. Its primary
role is the engineering, project management, construction and operation of the
facilities that are utilized for the production and transportation of oil and
gas. Brown & Root Energy Services is a business unit of Halliburton Company,
headquartered in Dallas, Texas.
Founded in 1919, Halliburton Company is the world's leading diversified energy
services, engineering, energy equipment, construction and maintenance companies.
In 1998, Halliburton's consolidated revenues were $17.4 billion and it conducted
business with a workforce of approximately 100,000 in more than 120 countries.
The Company's World Wide Web site can be accessed at http://www.halliburton.com.
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