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OPERATIONS

Thousands of oil rigs left stranded as drilling work dries up

NEARLY 1200 rigs have been left inactive and de-manned worldwide compared to last year, as the oil price crash continues to ripple through international markets.

paul hunt
Thousands of oil rigs left stranded as drilling work dries up

Baker Hughes' latest rig count released this month showed that Australia lost a further three rigs over the prior month.  Overall, the US rig count is down 691 units compared to this time last year....

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