DRILLING

Archer secures first NZ contract

MAUI field operator Shell Todd Oil Services has secured a modular drilling rig to carry out work on the Maui A offshore platform off the Taranaki coast next year.

The operator signed a $US45 million ($A40 million) contract with oil field services company Archer for the Emerald rig. The contract is the first job for the Emerald rig, which is designed as a modular...

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