Market intelligence, trend analysis and forecasts for the Oil and Gas industries across the regions

Business Environment / Venezuela

H&P's Rig Seizure: New Chapter In Nationalisation Story

June 2010 | Industry News

Venezuela's oil minister Rafael Ramírez has said he will nationalise 11 idle rigs owed by US-based Helmerich & Payne (H&P) as part of his ongoing campaign to eliminate uncooperative private sector companies.

To read the full article, please choose one of the following options:

Subcribers please log in