Halliburton Settles Brazil Oil Project
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HOUSTON  - Oilfield services company HalliburtonCo.  on Wednesday said its KBR unit had settled alloutstanding issues with state-owned Brazilian oil companyPetrobras over the Barracuda-Caratinga project, which has beenplagued by delays and cost overruns.
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By Anonymous  Petrobras, PDVSA plan refinery in Brazil  Brazil's state-owned Petroleo Brasileiro SA (Petrobras) and Venezuela's Petroleos de Venezuela SA jointly plan to build a $2 billion refinery in Brazil's northern Pernambuco state.
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Oilfield services company Halliburton Co.  on Monday said its subsidiaries Kellogg Brown & Root and DII Industries have emerged from the year-long bankruptcy proceedings it instigated to facilitate a &#36;4.2 billion asbestos settlement.
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The word's fifth largest oil exporting nation, Venezuela, signs an oil deal with South American neighbour, Paraguay.
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Brazil's president met with ailing Fidel Castro on Tuesday, a surprise ending to a visit during which he offered Cuba credits for food and infrastructure and signed a deal for Brazil to drill for oil in the Gulf of Mexico.
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Oil major BP will pay $373 million to settle U.S. charges stemming from a deadly Texas refinery explosion and an Alaska oil spill, as well as allegations it manipulated propane markets, the government said on Thursday.
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Natural gas producer El Paso Corp. on Monday said it reached a multimillion dollar settlement with the state of Arizona related to the energy crisis in 2000 to 2001.
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KBR , a former unit of Halliburton Co. , Dyncorp International Inc.  and Fluor Corp.  were awarded parts of a U.S. Army contract with a combined potential value of up to $150 billion to provide services to the military in the Middle East.
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Technip (Paris:TEC) (NYSE:TKP) (ISIN:FR0000131708) has been awarded by  Petrobras a contract worth approximately $200 million for the four-year  charter of its flexible pipe laying vessel Sunrise 2000, operating  offshore Brazil. This contract could be renewed for four years.
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Brazil's president offered Cuba credits for food, drugs, roads and hotel repairs on Tuesday, and signed a deal for his country's state oil company to drill for oil in the Gulf of Mexico.
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Halliburton's latest deal showcases the money to be made in oilfield services.
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A Halliburton subsidiary agreed to pay the government $8 million to resolve accusations of overbilling related to the firm's work for the Army in the Balkans, the Justice Department said yesterday.
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Halliburton has acknowledged that payments may have been made to Nigerian officials as part of an alleged $180 million bribery scandal, according to an SEC document filed by the Houston-based company on Friday.
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RIO DE JANEIRO, Brazil  - Brazil could reach a  deal within 30 days that would resolve a dispute over nuclear  nonproliferation inspections following a visit by U.N. experts  to the country's new uranium enrichment plant this week,  Brazilian officials said on Wednesday.
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Halliburton Co., the world&#39;s largest oilfield-services company, said a bankruptcy judge approved a $1.5 billion settlement of asbestos claims between two of its subsidiaries and insurers.
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Oilfield services company Halliburton Co. (HAL.N: Quote, Profile, Research) on Wednesday said its KBR unit had settled all outstanding issues with state-owned Brazilian oil company Petrobras
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The Army awarded a contract worth up to $150 billion to feed, house and provide other services to U.S. troops in Iraq, Afghanistan and Kuwait, spreading among three companies work that recently had been linked to a single, controversial contractor: Halliburton.