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)
SEPTEMBER 30, 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,
which are not called for by this form, that the registrant deems to be important
to security holders.
On September 30, 1999 registrant issued a press release announcing,
among other things, that Dresser Kellogg Energy Services, an affiliate of
registrant's subsidiary, Kellogg Brown & Root, Inc., has been awarded a
contract valued at over $200 million by Shell Petroleum Development Company of
Nigeria for grassroots gas compression facilities for the Obigbo Node
Associated Gas Gathering Project near Port Harcourt, Nigeria.
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 September 30, 1999.
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SIGNATURES
As required by the Securities Exchange Act of 1934, the registrant has
authorized this report to be signed on behalf of the registrant by the
undersigned authorized individual.
HALLIBURTON COMPANY
Date: October 1, 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
September 30, 1999
Incorporated by Reference
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FOR IMMEDIATE RELEASE CONTACT: Cindy Viktorin
September 30, 1999 Halliburton Co.
713-676-7125
cindy.viktorin@halliburton.com
Dresser Kellogg Energy Services to assist Shell with
the reduction of onshore gas flaring in Nigeria
DALLAS - Dresser Kellogg Energy Services, an affiliate of Kellogg Brown & Root,
has been awarded a contract valued over $200 million by Shell Petroleum
Development Company of Nigeria for grassroots gas compression facilities for the
Obigbo Node Associated Gas Gathering Project near Port Harcourt, Nigeria. The
single lump sum contract includes engineering, procurement, and construction,
operations and maintenance of the gas compression facilities for 10 years.
Kellogg Brown & Root is a business unit of Halliburton Company (NYSE:HAL).
The Obigbo Project is part of SPDC's huge investment in several gas utilization
projects aimed at the extinguishing of all routine flaring by the year 2008.
There are eight sites in the Obigbo Node 15-12 km north of Port Harcourt where
equipment will be installed. The facilities include compressors and associated
equipment including utilities as appropriate.
"The integration of resources from across Halliburton has placed us in a unique
position to offer a single contract for this project, which includes
engineering, specialty equipment supply, construction, operations, and project
management services," said Dave Lesar, president and chief operating officer,
Halliburton Company.
Halliburton's integrated team includes:
o Kellogg Brown & Root for project management and all "in-country" activities
including construction and initial operations.
(more)
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o Dresser-Rand for the exclusive supply of all compression equipment from
their Olean, New York, and Broken Arrow, Oklahoma, manufacturing facilities
and for provision of operations and maintenance services for the 10-year
effort. A partnership of Halliburton Company and Ingersoll-Rand Company of
Woodcliff Lake, New Jersey, Dresser-Rand is part of Halliburton's Dresser
Equipment Group business unit.
o Paragon Engineering Services, an affiliate of Halliburton's Brown & Root
Energy Services business unit and Dresser-Rand, for engineering and
procurement expertise from their Houston offices. Paragon will also provide
in-country support from their office in Lagos, Nigeria.
Halliburton Company, founded in 1919, is the world's leading diversified energy
services, engineering, construction, maintenance, and equipment company.
Among its business units are Kellogg Brown & Root, 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.
Dresser Equipment Group comprises Halliburton's operating divisions that design,
manufacture, and market equipment used by the energy industry to complete the
process of finding, extracting, processing, and delivering petroleum and its
related products. One of these divisions is Dresser-Rand, which designs,
manufactures, sells, and services large, highly engineered centrifugal and
reciprocating compressors, steam and gas turbines, and control systems for the
oil and gas, chemical, petrochemical, and power generation industries worldwide.
Brown & Root Energy Services supplies engineering, construction, operations and
maintenance services to the upstream oil and gas industry worldwide. Its
affiliate, Paragon Engineering Services, provides engineering, design/drafting,
project management, procurement, construction management, inspection, and
training services to the oil and gas industry.
Halliburton's World Wide Web site can be accessed at http://www.halliburton.com.
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