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1999 Press Releases
FOR IMMEDIATE RELEASE: October 13, 1999

Subsea International Awarded ROV Service Contract To Oceanographia PEMEX Project

Houston, Texas (October 13, 1999) - As a division of Brown & Root Energy Services, SubSea International has recently been awarded a two and a half year contract in conjunction with Oceanografia S.A. for the inspection of Pemex pipelines in the Bay of Campeche, Mexico. SubSea International will be providing remotely operated vehicles (ROVs) and positioning services.

The ROV will be a full survey class SubSea Centurion that has been brought into the Gulf of Mexico specifically for this project. Positioning services will be provided by SubSea's Veripos Inmarsat and HF DGPS network utilizing stations at Carmen, New Orleans and Houston. Work will be performed on a periodic basis, allowing the use of the vessel for other projects and clients in the interim.

SubSea International, which became a member of Halliburton Subsea (HS) following the Halliburton and Dresser merger, has been in operation since 1969, and has been building ROVs since 1984. A list of the company's successful accomplishments include the new design 120 HP deepwater 3,000 meter Hercules, and 150 HP ultra-deepwater 5,000 meter Hammerhead ROV systems. As a division of Brown & Root Energy Services, HS offers comprehensive sub-sea engineering, installation and construction services, flexible pipe and project management through its companies SubSea International, Wellstream and Rockwater. The HS group currently maintains a fleet of more than 100 ROVs, 6 construction and survey class DP vessels, 3 construction class DP semi-submersibles, and an array of sub-sea production equipment. Brown & Root Energy Services supplies engineering, construction, operations and maintenance services to the upstream oil and gas industry worldwide. Its primary role is the engineering, project management, construction and operation of the facilities that are utilized for the production and transportation of oil and gas. Brown & Root Energy Services is a business unit of Halliburton Company, headquartered in Dallas, Texas.

Halliburton Company (NYSE: HAL) is the world's leading diversified energy services, engineering, energy equipment, construction and maintenance companies. Founded in 1919, Halliburton provides a broad range of energy services and products, industrial and marine engineering and construction services. In 1998, Halliburton's consolidated revenues were $17.4 billion and it conducted business with a workforce of approximately 100,000 in more than 120 countries.


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Taryn Rock
taryn.rock@halliburton.com
Halliburton Company
Public Relations
Europe/Africa Region
(p) 44.1372.86.6693

Wendy Hall-Nantz
wendy.hall@halliburton.com
Halliburton Company
Public Relations
Americas
(p) 713.676.5227

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