Thursday, January 13, 2005

A Halliburton spokeswoman, Wendy Hall, confirmed to The New York Sun yesterday that the subsidiary, Halliburton Products & Services Ltd., won the contract first announced on Iranian TV to develop phases nine and 10 of the south Pars oil and gas field. The Halliburton unit, headquartered in Dubai, is reportedly the target of a grand jury investigation regarding possible violations of an executive order barring American companies from substantial investment in Iran's energy sector...

Yesterday, the Agence France-Presse news agency...quoted an anonymous official... as saying the deal was worth $310 million...

The Gadflyer: War and Piece by Laura Rozen

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