CNPC subsidiary signs contract with Halliburton

09-04-02 China Petroleum Material & Equipment Corporation -- subsidiary of China National Petroleum Co (CNPC) -- signed a contract recently with Halliburton Company, one of the world's largest oil service providers, to import fracturing equipment used in developing oil fields.

According to the contract, Halliburton will provide three sets of fracturing equipment of CNPC's Huabei, Tuha and Liaohe oil fields. The equipment will be delivered before February.