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You are here News Of Special Interest Halliburton gets letter of intent for Iraq oil

Halliburton gets letter of intent for Iraq oil

Friday, 20 August 2010 21:08
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Halliburton gets Iraq oil dealHalliburton Co. said on Wednesday that it has gotten a letter of intent from Shell Iraq Petroleum Development BV that would make Halliburton the project manager for developing the Majnoon field in southern Iraq.

Halliburton said it wold be working with Nabors Drilling and the Iraq Drilling Company. The contract needs final approval by Iraqi authorities, Halliburton said.

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