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Venezuela to nationalize U.S. firm's oil rigs

hypocritexposer

Well-known member
CARACAS (Reuters) –

Venezuela will nationalize a fleet of oil rigs belonging to U.S. company Helmerich and Payne, the latest takeover in a push to socialism as President Hugo Chavez struggles with lower oil output and a recession.

http://news.yahoo.com/s/nm/20100624/ts_nm/us_venezuela_nationalizations
 

Steve

Well-known member
are they considered vessels?

if so what is their registry?

time to pull up anchor... and get out of murky water..
 

Whitewing

Well-known member
Steve said:
are they considered vessels?

if so what is their registry?

time to pull up anchor... and get out of murky water..

I don't know for certain, but I suspect all of them are land-based drilling rigs. Perhaps the term fleet is confusing.
 
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