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Halliburton.(Brazil)(Brief Article)


HALLIBURTON, a U.S. oil-field service provider, said it would take a charge of US$62 million during the first quarter of 2004 due to disputes concerning a stalled oil project with Brazil's state run oil company Petrobras. Halliburton said it had reached an agreement with Petrobras to extend deadlines to develop the project.

COPYRIGHT 2004 Freedom Magazines, Inc. Reproduced with permission of the copyright holder. Further reproduction or distribution is prohibited without permission.

Copyright 2004, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

NOTE: All illustrations and photos have been removed from this article.


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