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Drilling rig blowout leaks natural gas in offshore Lousiana

2013-07-24 01:00:00| Offshore Technology

A drilling rig operated by Hercules Offshore lost control yesterday after a blowout, which leaked uncontrolled gas into the sea, 55 miles off the shore of Louisiana.

Tags: natural gas offshore natural gas

 

Offshore drilling expenditure in Europe to reach $12.8bn in 2016

2013-07-18 01:00:00| Offshore Technology

Offshore drilling expenditure in Europe is expected to rise at an average annual growth rate (AAGR) of 6.9%, from about $10bn in 2013 to $12.8bn in 2016, with key contribution from Norway, according to a new report from business intelligence provider

Tags: europe reach expenditure offshore

 
 

Offshore drilling services market to reach $121.1bn by 2018, says report

2013-07-11 01:00:00| Offshore Technology

The offshore drilling services market is expected to grow from $73.1bn in 2013 to $121.1bn by 2018, growing at a compounded annual growth rate (CAGR) of 10.6%, according to a new report published by market research and consulting firm, MarketsandMark

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Keppel Offshore & Marine secures drilling rig contract in Azerbaijan

2013-06-05 01:00:00| Offshore Technology

Singapore-based Keppel Offshore & Marine has secured a contract worth about $800m from a subsidary of the State Oil Company of Azerbaijan Republic (SOCAR) to construct a semisubmersible drilling rig.

Tags: contract marine azerbaijan offshore

 

Diamond Offshore awards submersible drilling rig contract to HHI

2013-05-30 01:00:00| Offshore Technology

US-based contract drilling services provider Diamond Offshore Drilling has awarded a contract worth about $755m to Hyundai Heavy Industries (HHI), to build a new Moss CS60E-design harsh environment semisubmersible drilling rig.

Tags: contract awards diamond offshore

 

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