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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)
MARCH 11, 1999
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 March 11, 1999 registrant issued a press release entitled
Halliburton's Kellogg Brown & Root Joint Venture Will Execute Major LNG
Expansion in Nigeria pertaining, among other things, to an announcement that
registrant's Kellogg Brown & Root subsidiary has been awarded a turn key
engineering and construction contract for a major expansion of Nigeria LNG
Limited's Liquefied Natural Gas complex at Bonny Island. The joint venture
consists of Technip, Snamprogetti, Kellogg Brown & Root and JGC Corporation.
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 March 11, 1999.
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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: March 18, 1999 By: /s/ Susan S. Keith
--------------------------------
Susan S. Keith
Vice President and Secretary
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EXHIBIT INDEX
Exhibit Sequentially
Number Description Numbered Page
20 Press Release of 5 of 6
March 11, 1999
Incorporated by Reference
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FOR IMMEDIATE RELEASE CONTACT: Zelma Branch
March 11, 1999 Halliburton Public Relations
713-676-7067
Dirk Vande Beek, Manager
Halliburton Public Relations
713-676-8097
Halliburton's Kellogg Brown & Root joint venture will execute major
LNG expansion in Nigeria
Consortium to continue work at Bonny Island on third train
DALLAS, Texas -- Nigeria LNG Limited has awarded a turn key engineering and
construction contract for a major expansion of its Liquefied Natural Gas complex
at Bonny Island to a joint venture of Technip, Snamprogetti, Kellogg Brown &
Root and JGC Corporation affiliates. Kellogg Brown & Root is a subsidiary of
Halliburton Company (NYSE:HAL).
The third train and associated facilities included in the expansion will
increase the capability of the complex to process associated gas feedstock,
enabling a major reduction in gas flaring in Nigeria. In addition to the
environmental benefits, the expansion is expected to generate large export
earnings for Nigeria and establish NLNG as an increasingly significant player in
the global natural gas industry.
"We are proud to continue our work with NLNG to expand the world class facility
we are building in Nigeria," said Dave Lesar, president of Halliburton Co.
"This win extends Kellogg Brown & Root's track record in the LNG market and
demonstrates our ability to team with our partners in bringing our world class
engineering, construction, and project execution skills to complex projects,"
added A. J. (Jack) Stanley, president of Kellogg Brown & Root.
With the expansion, LNG production capacity from the complex will be more than
8.6 million tons per annum by the time all three trains are in operation in
2002. The initial phase of the grassroots Bonny Island complex is currently in
construction by the joint venture, with first LNG exports targeted later this
year.
The shareholders in Nigeria LNG Limited are Nigerian National Petroleum Company
and subsidiaries of Royal Dutch/Shell, Elf Aquitaine and Agip.
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Headquartered in Houston, Kellogg Brown & Root is an international,
technology-based engineering and construction company providing a full spectrum
of industry-leading services to the hydrocarbon, chemical, energy, forest
products, manufacturing, and mining and minerals industries.
Halliburton Company is one of the world's largest diversified energy services,
engineering, construction, maintenance, and equipment companies. The company's
World Wide Web can be accessed at http://www.halliburton.com.
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