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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 25, 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 25, 1997 registrant issued a press release entitled Brown & Root -
Murphy Awarded Pipeline Construction Contracts in Bolivia and Brazil pertaining,
among other things, to an announcement that Brown & Root-Murphy LLC, a joint
venture equally owned by registrant's Brown & Root Energy Services business unit
and Murphy Bros. Inc.'s Murphy Bros. International, has been awarded two
pipeline construction contracts in consortium with local partners as part of the
Bolivia-Brazil Gas Pipeline Project. The two contracts for Petrobas, Brazil's
state-owned oil and gas company, are valued at about $90 million and $110
million apiece.
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 25, 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 25, 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 25, 1997
Incorporated by Reference
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FOR IMMEDIATE RELEASE Contact-Guy Marcus Barbara Johnson
July 25, 1997 VP-Inv. Rel. Media Rel.
214/978-2691 713/676-8097
BROWN & ROOT-MURPHY AWARDED PIPELINE CONSTRUCTION
CONTRACTS IN BOLIVIA AND BRAZIL
DALLAS, Texas -- Brown & Root-Murphy LLC, a joint venture equally owned by
Halliburton Company's (NYSE:HAL) Brown & Root Energy Services business unit and
Murphy Bros. Inc.'s Murphy Bros. International, has been awarded two pipeline
construction contracts in consortium with local partners as part of the
Bolivia-Brazil Gas Pipeline Project. The two contracts for Petrobras, Brazil's
state-owned oil and gas company, are valued at about $90 million and $110
million apiece.
The contract for Bolivia consists of the construction of 557 kilometers
(km) of 32-inch diameter pipeline from Rio Grande, Bolivia to the Bolivia-Brazil
border, near Puerto Aguirre, Bolivia. The consortium BRM-CPB, a venture between
Brown & Root- Murphy (70%) and Consorcio Petrolero Boliviano of Santa Cruz
Bolivia (30%), is scheduled to complete the project by December 1998.
The contract for Brazil consists of the engineering, design, project
management, procurement and construction of 522 km of 32- inch diameter pipeline
from the Bolivia-Brazil border near Corumba, to a point southeast of Campo
Grande, Brazil. The consortium Camargo Correa-Brown & Root-Murphy, equally owned
by Brown & Root-Murphy and Camargo Correa of Sao Paulo, Brazil, is scheduled to
complete the project by January 1999.
"We are extremely pleased to be involved in constructing 1,079 km out of
the total 1,815 km of Phase I for Bolivia-Brazil Pipeline Project," said Dave
Lesar, president and chief operation officer of Halliburton Company.
"Acquisition of these contracts establishes Brown & Root-Murphy as a major
player in the international pipeline construction arena."
In early 1996, Brown & Root Energy Services combined its international
project management and engineering skills with Murphy's onshore pipeline
construction expertise to seek international projects as a joint venture
activity.
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Murphy International, Inc., is an affiliate of the East Moline,
Illinois-based Murphy Bros., Inc., one of North America's largest onshore
pipeline contractors and owners of a large fleet of specialized land pipeline
equipment.
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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