Oil.
Printed From: Tippmann Paintball
Category: News And Views
Forum Name: Thoughts and Opinions
Forum Description: Got something you need to say?
URL: http://www.tippmannsports.com/forum/wwf77a/forum_posts.asp?TID=186037
Printed Date: 11 February 2026 at 8:50pm
Software Version: Web Wiz Forums 12.04 - http://www.webwizforums.com
Topic: Oil.
Posted By: __sneaky__
Subject: Oil.
Date Posted: 25 June 2010 at 4:16pm
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Not our strong suit as of late.
CARACAS, Venezuela – Venezuela's government has seized control of 11 oil rigs owned by U.S. driller Helmerich & Payne, which shut them down because the state oil company was behind on payments. Oil Minister Rafael Ramirez announced that Venezuela would nationalize the Tulsa, Oklahoma-based company's rigs. He said in a statement Wednesday that Helmerich & Payne had rejected government demands to resume drilling operations for more than a year. Helmerich & Payne announced in January 2009 that it was stopping operations on two of its drilling rigs, because Venezuela's state-run oil company, PDVSA, owed the company close to $100 million. It said it would shut down the rest of its rigs by the end of July as contracts expired unless PDVSA began to make good on its debts. Link: http://news.yahoo.com/s/ap/20100624/ap_on_bi_ge/lt_venezuela_oil_rigs_2 - http://news.yahoo.com/s/ap/20100624/ap_ … oil_rigs_2 ------------- "I AM a crossdresser." -Reb Cpl Forum Vice President RIP T&O Forum |
Replies:
Posted By: choopie911
Date Posted: 25 June 2010 at 8:47pm
| Massey Energy, Goldman Sachs, and British Petroleum have done a better job than any terrorist could dream. |
Posted By: Rofl_Mao
Date Posted: 25 June 2010 at 11:05pm
| Um, they can't do that? |
Posted By: ParielIsBack
Date Posted: 25 June 2010 at 11:28pm
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Sure they can. Wonder what they would do if we dropped a couple JDAMs on those rigs. Perhaps even give them time to evacuate beforehand. ------------- BU Engineering 2012 |
Posted By: choopie911
Date Posted: 26 June 2010 at 12:05am
Why not? They sieze airplanes if you stop paying for them. They sieze your house if you stop paying. same idea |
Rofl_Mao wrote:Posted By: stratoaxe
Date Posted: 26 June 2010 at 2:05am
I may have misunderstood the article, but the way I read it was that the South American company stopped paying the Tulsa company, so the Tulsa Company who owned the rig shut it down. The Venezuelan Government then came in and took over the rigs. So it would see the foul is still on them. |
Posted By: High Voltage
Date Posted: 26 June 2010 at 3:48am
No, this would be like seizing the bank because you didn't pay them for your house. ------------- 
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Posted By: choopie911
Date Posted: 26 June 2010 at 4:00am
| Then clearly I misunderstood, whoops |