Companies Dust Off Oil Rigs in Storage in Venezuela as Contracts are Overhauled

Summary At least 14 rigs are in assessment or repair Providers more willing to work with PDVSA’s traditional partners Some firms seek 12-month contracts to cover repair costs April 27 (Reuters) – Oilfield service companies that for years kept rigs and specialized equipment stored in Venezuela have begun removing them from warehouses for assembly and … Read more