VOL. XLVI

No 36

08-September-2003

IRAQ

Halliburton Oilfield Contracts In Iraq Worth More Than $700Mn To Date

Halliburtons subsidiary Kellogg Brown and Root (KBR) has been allocated work worth more than $700mn to date, under the controversial no-bid contract for oilfield rehabilitation work awarded by the US Army Corps of Engineers (USACE). The contract, which uses a task order system for the allocation of individual projects, has a potential value of $7bn, but is expected to be replaced by two...