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press release

Sept. 8, 2022, 4:30 p.m. EDT

Halliburton Completes Sale of Russia Operations

HOUSTON, (BUSINESS WIRE) -- Halliburton Company /zigman2/quotes/210488727/composite HAL -1.68% today announced it completed the sale of its Russia operations to a Russia-based management team made up of former Halliburton employees. As a result, Halliburton no longer conducts operations in Russia.

The Russia-based management team now owns and operates Halliburton’s former business and assets in Russia under the name BurService LLC, which is independent from Halliburton.

ABOUT HALLIBURTON

Founded in 1919, Halliburton is one of the world's largest providers of products and services to the energy industry. With approximately 45,000 employees, representing 130 nationalities in more than 70 countries, the company helps its customers maximize value throughout the lifecycle of the reservoir – from locating hydrocarbons and managing geological data, to drilling and formation evaluation, well construction and completion, and optimizing production throughout the life of the asset. Visit the Company’s website at www.halliburton.com . Connect with Halliburton on Facebook , Twitter , LinkedIn , Instagram and YouTube .

View source version on businesswire.com: https://www.businesswire.com/news/home/20220908006078/en/

SOURCE: Halliburton Labs

Investor Relations Contact
David Coleman
investors@halliburton.com
281-871-2688 Press Contact
Brad Leone
pr@halliburton.com
281-871-2601

COMTEX_414027615/2456/2022-09-08T16:30:16

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Copyright Business Wire 2022

/zigman2/quotes/210488727/composite
US : U.S.: NYSE
$ 36.20
-0.62 -1.68%
Volume: 10.40M
Dec. 6, 2022 4:00p
P/E Ratio
18.77
Dividend Yield
1.33%
Market Cap
$33.43 billion
Rev. per Employee
$474,800
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