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 25, 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 25, 2000 registrant issued a press release entitled
"Halliburton SubSea Awarded Major Deepwater ROV Contract With Chevron For Gulf
of Mexico" pertaining, among other things, to an announcement that Halliburton
SubSea, a division of the registrant's business unit, Brown & Root Energy
Services, has entered into an agreement, the contract value of which is
approximately $10 million, with Chevron USA Production Company's Gulf of Mexico
Deepwater Business Unit for the provision of remotely operated vehicle (ROV)
services in support of deepwater drilling operations involving the drillship
Transocean "Discoverer Deep Seas."
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 25, 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: February 4, 2000 By: /s/ John M. Allen
----------------------------
John M. Allen
Assistant Secretary
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EXHIBIT INDEX
Exhibit Sequentially
Number Description Numbered Page
20 Press Release of 5 of 6
January 25, 2000
Incorporated by Reference
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FOR IMMEDIATE RELEASE CONTACT: Wendy Hall Nantz
(January 25, 2000) Public Relations- Americas
Halliburton Company
(713) 676-5227
[email protected]
Taryn Rock
Public Relations- Europe/Africa
Halliburton Company
44 1372 86 6693
[email protected]
HALLIBURTON SUBSEA AWARDED MAJOR DEEPWATER
ROV CONTRACT WITH CHEVRON FOR GULF OF MEXICO
DALLAS, Texas - As a division of Brown & Root Energy Services, Halliburton
SubSea, has entered into an agreement with Chevron USA Production Company's Gulf
of Mexico Deepwater Business Unit for the provision of remotely operated vehicle
(ROV) services in support of deepwater drilling operations involving the
drillship Transocean "Discoverer Deep Seas". The ROV contract value is
approximately $10 million. Brown & Root Energy Services is a business unit of
Halliburton Company (NYSE:HAL).
Halliburton's newest ROV design, the 120 HP Hercules will be used in
support of Chevron's Gulf of Mexico (GOM) deepwater drilling operations. It
offers several advantages including a custom-built heavy weather launch and
recovery system, a rig specific cursor railing system that allows the ROV to
enter the water in adverse conditions, and a depth capability to 10,000 feet.
The ROV also offers a 900 foot extended tether and a 6,600 pound payload
capability, lending additional flexibility during rig completion operations.
The Chevron ROV unit, which will be installed on the drillship in 2000,
will be on display at the upcoming Underwater Intervention Convention in Houston
in January 2000. Transocean will be building and supplying the drillship.
-more-
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CHEVRON\2
The award represents a milestone for Halliburton SubSea as they assume
a more prominent role in the local GOM ultra-deepwater ROV drill support market.
As of recent, Halliburton SubSea has successfully provided ROV services in
support of GOM ROV drill/completion support and construction-related projects
for Amerada Hess, Kerr McGee, El Paso Energy, Spinnaker Exploration, Cliff's
Drilling, Devon Energy, Heerema Marine Contractors, Oceanografia, EMC and
Burlington Resources. While still based in New Orleans, La., Halliburton SubSea
has relocated its Operations Base to a 10-acre facility with over 40,000 square
feet of covered office and warehouse space to support its GOM ROV and Survey
operations and system integration testing.
Halliburton SubSea offers comprehensive subsea engineering,
installation and construction services, flexible pipe and project management
through its companies: SubSea International, Wellstream and Rockwater.
Halliburton SubSea currently maintains a fleet of 84 ROVs, six construction and
survey class DP vessels, three construction class DP semi-submersibles and an
array of subsea production equipment.
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.
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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