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DRILLING

Shell books high-tech rigs

TRANSOCEAN has won 10-year contracts from Shell for four dynamically positioned ultra-deepwater drillships to be built by Daewoo in South Korea.

Andy Graham
Shell books high-tech rigs

Transocean is spending about $3 billion on the four rigs and says the contracts will generate about $7.6 billion in revenues. The first drillship is scheduled for mid-2015 delivery, the remainder are...

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