HALLIBURTON, CNPC PLAN TO PROVIDE OIL FIELD SERVICES

Halliburton Co. and China National Petroleum Corp. (CNPC) have set up a joint venture aimed at providing oil field equipment and services. The new venture, Halliburton-CNPC Co., plans to provide exploration and production services in regions that include land operations in China and "certain shallow waters up to 5 m deep along the China coast." Initially, the venture will emphasize cementing, stimulation, and completion services. The joint venture's customer base includes CNPC and

Apr 12th, 1993
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