SECURITIES AND EXCHANGE COMMISSION

                             Washington, D.C. 20549



                                    FORM 8-K

                                 CURRENT REPORT

                     PURSUANT TO SECTION 13 OR 15(d) OF THE
                         SECURITIES EXCHANGE ACT OF 1934

                DATE OF REPORT (date of earliest event reported)

                                  JULY 1, 1997

                               Halliburton Company
             (Exact name of registrant as specified in its charter)

State or other                     Commission                IRS Employer
jurisdiction                       File Number               Identification
of incorporation                                             Number

Delaware                             1-3492                  No. 75-2677995

                               3600 Lincoln Plaza
                             500 North Akard Street
                            Dallas, Texas 75201-3391
                    (Address of principal executive offices)

                         Registrant's telephone number,
                       including area code - 214/978-2600




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         INFORMATION TO BE INCLUDED IN REPORT

Item 5.  Other Events

         The registrant  may, at its option,  report under this item any events,
with respect to which information is not otherwise called for by this form, that
the registrant deems of importance to security holders.

         On July 1, 1997,  registrant  issued a press release entitled  Contract
Signed for Venezuela  Heavy Oil Project  pertaining,  among other things,  to an
announcement  that  Petrozuata  CA., a joint  venture  company  owned by Maraven
(49.9%) and Conoco (50.1%), has awarded Contrina (a permanent joint venture made
up of registrant's wholly owned subsidiary, Brown & Root, Parsons Process Group,
Technip, Paris, France and Proyecta and Dit Harris, both of Caracas Venezuela) a
lump-sum engineering,  procurement and construction contract worth about US $500
million for the design and  construction  of extra  heavy  crude oil  processing
facilities   and  related   utilities  and  offsites  in  the  Jose   industrial
condominium, near Puerto La Cruz, in the eastern State of Anzoategui Venezuela.

         The foregoing  summary is subject to the full text of the press release
with respect  thereto,  a copy of which is attached  hereto as Exhibit 20, which
exhibit is incorporated herein by reference.

Item 7.  Financial Statements and Exhibits

         List below the financial  statements,  pro forma financial  information
and exhibits, if any, filed as part of this report.

         (c)      Exhibits.

                  Exhibit 20 - Press release dated July 1, 1997.












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                                   SIGNATURES

         Pursuant to the  requirements  of the Securities  Exchange Act of 1934,
the  registrant  has duly  caused  this report to be signed on its behalf by the
undersigned hereunto duly authorized.


                                              HALLIBURTON COMPANY




Date: July 2, 1997                            By: /s/ Susan S. Keith
                                                  -----------------------
                                                  Susan S. Keith
                                                  Vice President, Secretary and
                                                  Corporate Counsel

























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                                  EXHIBIT INDEX



Exhibit                                                       Sequentially
Number                         Description                    Numbered Page

   20                          Press Release of
                               July 1, 1997                        5 of 6
                               Incorporated by Reference































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