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Maersk Sells Ven Drilling Barges

Posted by September 16, 2014

Danish shipping conglomerate A.P. Moller-Maersk said on Tuesday its offshore oil and gas drilling unit has sold its Venezuelan barge activities.

Maersk Drilling said on its website its Venezuelan barge business represents a "minor part" of its activities. It comprises of a fleet of 10 barges on management contracts on Lake Maracaibo.

Reporting by Sabina Zawadzki

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