Halliburton Gets ExxonMobil Contract in Iraq - Shares Down 2.4%

Halliburton Gets ExxonMobil Contract in Iraq - Shares Down 2.4%



Shares of Halliburton (HAL) are down as the company said it has been awarded a contract by Exxon Mobil (XOM) Iraq Limited to provide drilling services for 15 wells in the West Qurna oil field located in Southern Iraq.

Halliburton will provide a range of well construction services utilizing three drilling rigs to safely deliver the wells, the company said in a statement.

Halliburton shares are down 2.35%, or $1.12, to $47.02.