Saturday, July 21, 2007
Halliburton moves on Burservice
20 July 2007 - Upstream OnLine - Halliburton is set to buy Russian directional drilling services player Burservice after strikig a definitive agreement with the company's shareholders. The US giant will buy all Burservice's share capital, subject to regulatory approval. Burservice was founded in 2004, and is based in Usinsk, Republic of Komi. The company has about 100 employees.