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Maersk to take $1.7 bln writedown on Brazil oil assets
Danish oil and shipping group A.P. Moller-Maersk is taking a $1.7 billion writedown on some Brazilian oil assets after results from appraisal drilling came in at the low end of expectations.
Read Full Article: http://www.ajot.com/news/update-2-maersk-to-take-1.7-bln-writedown-on-brazil-oil-assets
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