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)

                          MAY 29, 1997

                       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




                        Page 1 of 6 Pages
               The Exhibit Index Appears on Page 4


     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 May 29, 1997, registrant issued a press release entitled
Brown  &  Root  Awarded  Engineering  and  Procurement  Contracts
Offshore   Angola   pertaining,  among  other   things,   to   an
announcement  that registrant's wholly-owned business unit, Brown
&  Root  Energy  Services, has been awarded two  engineering  and
procurement  services  contracts for energy development  projects
offshore  Angola, West Africa. The contracts for state-owned  oil
company Sonangol and its partners Chevron Elf Aquitaine and  AGIP
are valued at about $50 million each.

      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 May 29, 1997.












                        Page 2 of 6 Pages
               The Exhibit Index Appears on Page 4

                           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: May 29, 1997                    By: /s/ Susan S. Keith
                                      --------------------------------
                                         Susan S. Keith
                                         Vice President, Secretary and
                                         Corporate Counsel

























                        Page 3 of 6 Pages
               The Exhibit Index Appears on Page 4


                          EXHIBIT INDEX



Exhibit                                             Sequentially
Number                Description                   Numbered Page

    20                Press Release of
                      May 29, 1997                      5 of 6
                      Incorporated by Reference































                        Page 4 of 6 Pages
               The Exhibit Index Appears on Page 4




FOR IMMEDIATE RELEASE  Contact-Guy T. Marcus   Barbara Johnson
May 29, 1997                   VP - Inv. Rel.  Media Rel.
                               (214) 978-2691  (713) 676-8097

    BROWN & ROOT AWARDED ENGINEERING AND PROCUREMENT
                 CONTRACTS OFFSHORE ANGOLA

     DALLAS, Texas -- Brown & Root Energy Services, a wholly-
owned business unit of Halliburton Company (NYSE-HAL), has been
awarded two engineering and procurement services contracts for
energy development projects offshore Angola, West Africa.  The
contracts for state-owned oil company Sonangol and its partners
Chevron Elf Aquitaine and AGIP are valued at about $50 million
each.

     The Cabinda Area B North Nemba Extension Project involves a
drilling and production platform in the Nemba Field to be
installed in approximately 385 feet of water, a remote flare
structure, and liquid, gas and flare pipelines.  First production
is anticipated for first quarter 2000.

     For the Cabinda Area A Waterflood Project, water injection
facilities will be designed to provide 260,000 barrels of water
per day (BWPD), with future expansion to 390,000 BWPD.  First
water will be injected fourth quarter 1999.

     "We are immediately proceeding to explore strategies to
reduce the project schedules and accelerate the overall
completion dates," said B.K. Chin, vice president, Brown & Root
Energy Services.  "In this way, our clients can more quickly
realize income from their assets."

                     Page 5 of 6 Pages
            The Exhibit Index Appears of Page 4


     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.

                          # # #

                     Page 6 of 6 Pages
            The Exhibit Index Appears of Page 4