HALLIBURTON CO
8-K, 2000-01-06
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)

                                 JANUARY 4, 2000

                               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 January 4, 2000 registrant  issued a press release entitled "Brown &
Root Energy  Services Wins $175 Million Power Project"  pertaining,  among other
things, to an announcement that Brown & Root Energy Services, a business unit of
registrant,  has been  selected by TM Power  Ventures  L.L.C.,  a joint  venture
between TECO Power Services Corporation and Mosbacher Power Partners, to provide
engineering,  construction and procurement services for a 312-megawatt  electric
generating facility on the Delmarva Peninsula in Accomack County, Virginia.

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 January 4, 2000.





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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:    January 4, 2000                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
                           January 4, 2000
                           Incorporated by Reference








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FOR IMMEDIATE RELEASE               CONTACT:   Wendy Hall Nantz
(January 4, 2000)                              Halliburton Company
                                               (713) 676-5227
                                               [email protected]

                                               Taryn Rock
                                               Halliburton Company
                                               44 1372 86 6693
                                               [email protected]


          BROWN & ROOT ENERGY SERVICES WINS $175 MILLION POWER PROJECT

Fast-Track Project Will Deliver "First Power" July 2000

DALLAS,  Texas -- Brown & Root Energy  Services  (BRES) has been  selected by TM
Power Ventures L.L.C.,  a joint venture between TECO Power Services  Corporation
and  Mosbacher  Power  Partners,   to  provide  engineering,   construction  and
procurement (EPC) services for a 312-megawatt  electric  generating  facility on
the  Delmarva  Peninsula  in  Accomack  County,  Virginia.  Brown & Root  Energy
Services is a business unit of Halliburton Company (NYSE: HAL).

         Brown & Root Energy  Services  will be  responsible  for  managing  and
executing the engineering,  procurement and construction  services  necessary to
install  seven  General  Electric  LM6000  combustion  turbine  generator  (CTG)
packages  and  associated   infrastructure.   Brown  &  Root  Energy   Services'
responsibilities  include the  installation of the seven CTG machines,  all site
work,  foundations,  tanks,  chillers,  buildings,  roads and  balance  of plant
equipment.

         "We take  pride in  working  with  our  clients  to  bring  performance
breakthroughs to our projects,  and we certainly look forward to working with TM
Power Ventures to bring  breakthroughs to this challenging  project," said Larry
Farmer, president, Brown & Root Energy Services.


                                     -more-

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<PAGE>

POWER\ 2

         The generating  facility  will be  a combustion  turbine  peaking plant
using  low-sulfur  fuel oil. This  fast-track  project,  named the  Commonwealth
Chesapeake  Project,  is scheduled to be brought on-line in two phases.  Current
targets call for "First Power,"135 megawatts, to be delivered by July 2000, with
the remaining capacity to be operational by June 2001.

         "The  client  selected  Brown & Root  Energy  Services  because  of our
`can-do' attitude and reputation to deliver  fast-track  projects on time," said
Peter Heinze, vice president, Brown & Root Energy Services.

         The    plant    will    be    strategically    located    within    the
Pennsylvania-Jersey-Maryland-Interconnection   power  pool  system  (PJM),   the
largest centrally  dispatched  electrical control area in North America,  with a
capacity of 56,000 megawatts.

         Preliminary  construction  activities  have begun and  engineering  and
detailed planning are currently underway at BRES' offices in Houston.

         Brown  &  Root  Energy  Services  supplies  engineering,  construction,
operations and maintenance services to the upstream oil & gas and power 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.

         Founded in 1919, Halliburton Company is the world's leading diversified
energy services,  engineering,  energy  equipment,  construction and maintenance
companies.  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 120  countries.  The
company's World Wide Web site can be accessed at http://www.halliburton.com.

                                       ###



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