2014-07-16
Big Fracking Deal For Halliburton In China
U.S.-based Halliburton has signed an agreement with a Chinese company for hydraulic fracturing in the oilfields in the Xinjiang area of China. Halliburton inked the deal with an SPT Energy Group Inc. affiliate, Petrotech (Xinjiang) Engineering Co., Ltd., to establish a joint venture company focused on hydraulic fracturing and production enhancement services. The new company, […]