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Keppel delivers new jackup rig to Arabian Drilling

2014-01-02 01:00:00| Offshore Technology

Keppel FELS has delivered a KFELS B Class jackup rig to Arabian Drilling (ADC), representing the 21st new-build offshore rig delivered in 2013.

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Diamond Offshore Drilling Target of Unusually Large Options Trading

2013-12-31 20:09:06| Oil & Gas - Topix.net

Shares of Diamond Offshore Drilling was the target of unusually large options trading activity on Monday.

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Drilling in Barnett Shale slows to lowest level in nearly a decade

2013-12-27 08:04:31| Oil & Gas - Topix.net

Despite a rise in natural gas prices during 2013, the number of rigs running in the big North Texas gas field hit its lowest level in roughly a decade, according to RigData.

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Russia begins offshore drilling in Arctic

2013-12-23 21:38:00| Climate Ark Climate Change & Global Warming Newsfeed

Grist: The Greenpeace activists who scaled Russia`s first Arctic offshore oil rig during a September demonstration have been given amnesty, but Russia is extending no such courtesies to the Arctic environment or the climate. The rig that the Arctic 30 helped bring to the world`s attention has begun pumping oil. From Agence France-Presse: The landmark announcement marked the formal start of Russias long-planned effort to turn the vast oil and natural gas riches believed to be buried in the frozen...

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Pennsylvania gas drilling decision leaves future uncertain

2013-12-20 15:00:00| Climate Ark Climate Change & Global Warming Newsfeed

Associated Press: The energy industry and policy makers in Pennsylvania, the heart of the nation's gas drilling boom, are thinking about their next moves after the state's highest court threw out significant portions of a law that limited the power of cities and counties to regulate the industry. The state Supreme Court voted 4-2 on Thursday to strike down portions of a 2012 law that had been crafted by Gov. Tom Corbett and his industry-friendly allies in the Legislature. Republican leaders in the General Assembly...

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