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.
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