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NOV's Brazil drillship contracts cancelled

US equipment maker National Oilwell Varco has reached an agreement to cancel seven contracts for drillship equipment packages in Brazil after work on many of the rigs ordered by embattled Sete Brasil had stalled.

Cancellations: seven NOV rig contracts terminated in Brazil
Cancellations: seven NOV rig contracts terminated in Brazil
Published 30 December 2015, 16:38Updated 30 December 2015, 16:48
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