HALLIBURTON CO: Barracuda-Caratinga Arbitration v. KBR Pending

Halliburton Company’s KBR, Inc. subsidiary is still facing Petrobras’ arbitration, which was commenced in March 2006, related to the Barracuda-Caratinga project.

The Company provided indemnification in favor of KBR under the master separation agreement for all out-of-pocket cash costs and expenses…