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)

                                 JULY 17, 1995

                              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. 73-0271280

                               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 July 14, 1995, the registrant  issued a press release entitled Brown
& Root Wins  Ethylene  Plant  Contract  pertaining,  among other  things,  to an
announcement  that its Brown & Root  Petroleum and  Chemicals  business unit has
signed an  agreement  to  provide  engineering,  procurement,  construction  and
commissioning of a new ethylene plant in Kuwait.

         The foregoing  summary is subject to the full text of the press release
with respect  thereto,  a copy of which is attached  hereto as Exhibit 20, which
exhibit is incorporated herein by reference.

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 July 17, 1995.

















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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:    July 18, 1995                               By: _______________________
                                                               Robert M. Kennedy
                                                          Vice President - Legal




























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                                 EXHIBIT INDEX



Exhibit                                                           Sequentially
NUMBER                              DESCRIPTION                   NUMBERED PAGE

    20                              Press Release of
                                    July 17, 1995                 5 of 5
                                    Incorporated by Reference
































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FOR IMMEDIATE RELEASE          Contact                 Guy T. Marcus
July 17, 1995                                          Vice President-Inv. Rel.
                                                       (214) 978-2691

           BROWN & ROOT WINS ETHYLENE PLANT CONTRACT

     DALLAS,  Texas -- Halliburton  Company (NYSE-HAL)  announced today that its
Brown & Root  Petroleum and  Chemicals  business unit has signed an agreement to
provide  engineering,  procurement,  construction  and  commissioning  of a  new
ethylene plant in Kuwait.

     Equate  Petrochemical  Company  K.S.C.  , a joint  venture of Union Carbide
Corporation of Danbury,  Conn., and Petrochemical  Industries Company of Kuwait,
has contracted  Brown & Root Petroleum and Chemicals to build the ethylene plant
in Kuwait.  The ethylene unit,  with a capacity of 650,000 metric tons per year,
will feed Equate's new ethylene oxide/ethylene glycol and polyethylene plants at
Kuwait s Shuaiba Industrial Complex. All plants are slated for completion during
the third quarter of 1997.

     The ethylene unit will use Brown & Root s low capital ethylene  technology.
This process  technology  offers a unique design that  combines  features of low
capital investment, low energy consumption, ease of operation, and low operating
maintenance.

     Thomas H. Cruikshank,  chairman of the board and chief executive officer of
Halliburton Company,  said, "The Equate contract is especially  meaningful to us
because it is the first  ethylene  plant in Kuwait.  Furthermore,  this  project
award significantly  reinforces the standing and global presence of Brown & Root
and its petroleum and chemicals licensed technologies."

     Brown & Root  Petroleum and Chemicals is an operating  unit of Brown & Root
Inc., a business unit of Halliburton Company.  Halliburton Company is one of the
world's largest  diversified  energy  services,  engineering,  maintenance,  and
construction  companies.  Founded in 1919, Halliburton provides a broad range of
energy services and products, industrial and marine engineering and construction
services, and property and casualty insurance services.

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