February 11, 2013
Halliburton Co. disclosed Monday that it paid $219 million to Barracuda-Caratinga Leasing Co. in a long-running contract dispute between the Brazilian company and its former subsidiary KBR Inc. over the use of allegedly defective subsea bolts in the development of Barracuda's oil fields.
February 16, 2012
Halliburton Co. disclosed Thursday that former subsidiary KBR Inc. has moved to vacate a $200 million arbitration award finding KBR liable in a contract dispute for using defective subsea bolts in the development of a Brazilian company's oil fields.