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2001 Press Releases
FOR IMMEDIATE RELEASE: June 22, 2001

HALLIBURTON’S WELLSTREAM ANNOUNCES AWARD FROM MODEC INC AS PART OF MATRIX LANGSA PROJECT

DALLAS, Texas - Wellstream, a business unit of Halliburton Company's (NYSE: HAL) Energy Services Group, has been awarded the contract to supply flowlines and risers for Matrix Oil NL's Langsa FPSO (floating production, storage, & offloading) development in South East Asia from MODEC Inc., a member of the Mitsui Group of Companies.

Edgar Ortiz, president, Halliburton's Energy Services Group, said, "This award further reflects Wellstream's commitment to providing creative flexible pipe solutions for challenging fast track projects."

The award includes 4-in. risers, and 4-in. and 6-in. flowlines. Delivery of the flowlines and risers is scheduled for August 2001. The project presents several unique design challenges as the conveyed fluid is sour and flows as high temperatures. To accommodate the high temperature design requirement, Wellstream will utilize unplasticized PVDF for the internal fluid barrier. The sour service material, developed by Wellstream, meets both NACE and API specifications.

Halliburton Company, founded in 1919, is the world's largest provider of products and services to the petroleum and energy industries. The company serves its customers with a broad range of products and services through its Energy Services Group and Engineering and Construction Group business segments.


Contact
Julie MacGregor
julie.macgregor@halliburton.com
Halliburton Company
Public Relations
(p) 44.1224.777.182

Wendy Hagan
wendy.hagan@halliburton.com
Halliburton Company
Public Relations
(p) 713.676.5619

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

Employment Contact
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(p) 800.888.7668
ext. 8005

Supplier/Procurement Contact
Dave Ireland
dave.ireland@halliburton.com

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