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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 18, 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 18, 1997 registrant issued a press release entitled Brown &
Root Contract to Lead Upgrade of Devonport Submarine Refit Facility pertaining,
among other things, to an announcement that registrant's Brown & Root subsidiary
will provide project management support for the contractors' alliance to develop
and upgrade the nuclear submarine refit facilities at Devonport Royal Dockyard
in Plymouth, England, the United Kingdom's largest submarine and warship
refitting facility. The work is part of a design and construction contract
valued at about $600 million. Brown & Root, through a UK holding company, owns
51 percent of Devonport Royal Dockyard Ltd, the private company that now owns
the dockyard.
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 18, 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 21, 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 5 of 6
July 18, 1997
Incorporated by Reference
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FOR IMMEDIATE RELEASE Contact: Guy T. Marcus Barbara Johnson
July 18, 1997 VP-Inv. Rel. Media Rel.
(214) 978-2691 (713) 676-8097
BROWN & ROOT CONTRACT TO LEAD UPGRADE OF
DEVONPORT SUBMARINE REFIT FACILITY
DALLAS, Texas -- Halliburton Company's (NYSE:HAL) Brown & Root subsidiary
will provide project management support for the contractors' alliance to develop
and upgrade the nuclear submarine refit facilities at Devonport Royal Dockyard
in Plymouth, England, the United Kingdom's largest submarine and warship
refitting facility. The work is part of a design and construction contract
valued at about $600 million. Brown & Root, through a UK holding company, owns
51 percent of Devonport Royal Dockyard Ltd, the private company that now owns
the dockyard.
Brown & Root provides project management support for the contractors'
alliance, which will design, build and obtain regulatory approval for the new
facilities to refit and refuel all SSN and Vanguard Class submarines. The
project includes the upgrade of structures and facilities for refitting and
refueling Swiftsure and Trafalgar Class submarines and the conversion of a dock
to refit Vanguard submarines. When completed, it will be the only dockyard that
meets the requirements to refit all of the UK's nuclear submarines.
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"The project will benefit from Brown & Root's extensive experience in
partnering and alliancing," said Halliburton Company president Dave Lesar. "The
work will be carried out under a fixed-price, incentive-fee contract, with all
contractors sharing the financial risk and reward for its success with the
dockyard owners."
In addition to Brown & Root, other members of the contractors' alliance are
Babtie Design Group Ltd, Strachan & Henshaw Ltd., BNFL Ltd and Devonport Royal
Dockyard Ltd.
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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