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DRILLING

Seadrill orders another rig

THE strengthening offshore drilling market has prompted Norwegian offshore rig operator Seadrill to order another new rig from Chinese shipbuilder COSCO.

Marija Stojkovic

The new $US135 million T18 rig will be similar to the three tender rigs Seadrill ordered from COSCO last year and have enhanced drilling capabilities to allow for higher drilling efficiency. The rig...

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