Venezuela says will pay for nationalized H&P rigs
(Reuters) – Venezuela will pay Helmerich and Payne for a fleet of oil rigs it seized from the U.S. company, the oil minister said on Saturday, warning that five drills at a Chevron venture were also at risk of nationalization. Oil Minister Rafael Ramirez announced this week that OPEC member Venezuela was nationalizing 11 rigs [...]
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