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Offshore Driller Agrees To Record $10M Jones Act Penalty

By Suevon Lee (April 4, 2017, 10:30 PM EDT) -- An Alaskan offshore oil and exploration company has agreed to pay a $10 million penalty for using a foreign-flagged ship to transport a drilling rig between U.S. ports in what marks the largest such penalty under the federal Jones Act, according to an announcement from U.S. officials Tuesday....

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