Halliburton Completes Work in Iran

Halliburton has announced that all of its contractual commitments in Iran have been completed and the company is no longer working in Iran.

The winding down of Halliburton's work came as the result of a decision announced in January 2005 that only contractual commitments existing at that time would be honoured, and that no new work would be accepted going forward.

Halliburton's prior business in Iran was clearly permissible under applicable laws and regulations.

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Posted 16/04/07

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