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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)
JULY 1, 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
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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 1, 1997, registrant issued a press release entitled Contract
Signed for Venezuela Heavy Oil Project pertaining, among other things, to an
announcement that Petrozuata CA., a joint venture company owned by Maraven
(49.9%) and Conoco (50.1%), has awarded Contrina (a permanent joint venture made
up of registrant's wholly owned subsidiary, Brown & Root, Parsons Process Group,
Technip, Paris, France and Proyecta and Dit Harris, both of Caracas Venezuela) a
lump-sum engineering, procurement and construction contract worth about US $500
million for the design and construction of extra heavy crude oil processing
facilities and related utilities and offsites in the Jose industrial
condominium, near Puerto La Cruz, in the eastern State of Anzoategui Venezuela.
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 1, 1997.
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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 2, 1997 By: /s/ Susan S. Keith
-----------------------
Susan S. Keith
Vice President, Secretary and
Corporate Counsel
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EXHIBIT INDEX
Exhibit Sequentially
Number Description Numbered Page
20 Press Release of
July 1, 1997 5 of 6
Incorporated by Reference
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FOR IMMEDIATE RELEASE Contact: Guy T. Marcus Barbara Johnson
July 1, 1997 VP-Inv. Rel. Media Rel.
214/978-2691 713/676-8097
CONTRACT SIGNED FOR VENEZUELA HEAVY OIL PROJECT
DALLAS, Texas -- Petrozuata CA., a joint venture company owned by Maraven
(49.9%) and Conoco (50.1%), has awarded Contrina a lump-sum engineering,
procurement and construction contract worth about US $500 million for the design
and construction of extra heavy crude oil processing facilities and related
utilities and offsites in the Jose industrial condominium, near Puerto LaCruz,
in the eastern State of Anzoategui Venezuela.
Contrina is a permanent joint venture for the Venezuelan heavy oil upgrade
program formed by five world class engineering and construction firms:
Halliburton Company's (NYSE:HAL) Brown & Root subsidiary; Parsons Process Group;
Technip, Paris, France; and Proyecta and Dit-Harris, both of Caracas, Venezuela.
The contract covers the process and utilities engineering, procurement and
construction packages of the downstream Venezuela Extra Heavy Oil Project to
process the extra heavy crude oil from the Zuata area of the Orinoco Belt.
The main process units of package 1 are crude desalter, vacuum
distillation, delayed coker, gas recovery plant/fuel gas system, naphtha
hydrotreater, amine regeneration, sour water stripping and sulfur recovery
facilities. Package 2 mainly comprises utilities and offsites including storage
and handling facilities.
- more -
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Halliburton Company
The plant is designed to process 120,000 of extra heavy crude oil and will
use state-of-the-art technologies.
"Our integrated team is proud to participate in this pioneering upgrade of
the extra heavy crude oil from the Orinoco Belt. We are beginning to work
immediately, with plant start-up scheduled for mid-2000," said Halliburton
president and chief operating officer Dave Lesar.
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.
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