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    Venezuela - Hugo Chavez - 11 US owned oil rigs to be nationalized

    posted this in News on July 1st, 2010

    Venezuela

    Legislature has voted to nationalize 11 oil rigs owned by the US firm Helmerich & Payne

    hugo chavez Venezuela Hugo Chavez 11 US owned oil rigs to be nationalized

    Hugo Chavez

    The rigs, located in Monagas, Anzoategui and Zulia states, will be taken over by state oil giant Petroleos de Venezuela (PDVSA)

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    July 1st, 2010 | Tags: , , , , | Category: News

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