MAERSK CUTTING U.S. JOBS
According to REUTERS, Maersk Drilling will cut 122 jobs in the United States due to the early termination of a contract for deepwater rig Maersk Valiant.
Maersk Drilling, a unit of conglomerate A.P. Moller-Maersk , said last week it had signed a deal with ConocoPhilips and Marathon Oil to end the contract for the rig with effect from mid-September, a year earlier than originally scheduled.
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