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Halliburton says committed to Venezuela market

Oilfield services company Halliburton Co. said on Sunday it is committed to doing business in Venezuela, in an effort to clarify some comments its chief financial officer made earlier to investors.

"Halliburton is proud of its more than 60-year history in Venezuela, and is committed to continuing to build upon a strong reputation and operations in the country," the company said in a statement released via e-mail. "We will continue working closely with PDVSA (Venezuela's state oil company) to ensure our operations are aligned with its business objectives and to demonstrate our commitment to its future programs."

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