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Gold/Mining/Energy : Strictly: Drilling and oil-field services -- Ignore unavailable to you. Want to Upgrade?

To: Czechsinthemail who wrote (19309)	4/16/1998 11:34:00 AM
From: marc chatman	Respond to of 95453

HAL JV wins project. Arctic Pacific wins $40 mln Sakhalin contract DALLAS, April 14 (Reuters) - Arctic Pacific Contractors said Tuesday it has received a $40 million contract by Sakhalin Energy Investment Co. Ltd. Arctic said in a statement it will provide project engineering, procurement, construction planning and other associated support services for basic design concept and definition phases of the Sakhalin II project located along Russia's Pacific Coast. Arctic is a 50/50 joint venture between Fluor Daniel, the principal subsidiary of Fluor Corp. <FLR.N>, and Brown & Root Energy Services, a business unit of Halliburton Co. <HAL.N>. The Sakhalin II project is expected to include multiple offshore oil and gas production platforms, subsea pipelines, onshore oil and gas pipelines, onshore processing facilities, onshore terminals, and onshore infrastructure. 20:51 04-14-98