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Halliburton: completes sale of Russian operations

(CercleFinance.com) - Halliburton announced on Thursday evening that it had completed the sale of its Russian operations to a group of former employees for an undisclosed amount.


The US oilfield services group said that following the transfer of its Russian assets, the divested entity will be known as BurService, a company that is now completely independent of its structures.

Halliburton says it will no longer conduct business in the country following the completion of this transaction.


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