Halliburton is looking to Russia for work

Oilfield services firm Halliburton HAL.N and Russia’s Gazprom have signed an outline agreement on technological cooperation to construct wells at the Achimov oil formation in Siberia, Gazprom Neft said on Thursday.

LOOKING FOR WORK OUTSIDE THE U.S

Halliburton is looking to form Cooperation with Russian oil giant Gazprom, Oil Co’s are increasingly looking outside the U.S for survival, Halliburton, like other international service companies, is cutting the size of their workforce after a massive Oils crash.

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