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Halliburton Completes Sale of Subsea 7
Find out more about Subsea 7 Search for more Subsea 7 News Posted 07/01/05 |
Halliburton has completed the previously announced sale of its 50 per cent interest in Subsea 7 to its joint venture partner, Siem Offshore, for $200 million in cash. Halliburton will record a pre-tax gain of approximately $115 million during the first quarter of 2005 as a result of this transaction.