Oil drilling rig provider Gulf International Services dropped 1.5 percent.
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A oil drilling rig in the Santa Barbara Channel off California.
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He soon knew every quirk and problem of the drilling rig.
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He said the company&aposs single drilling rig doesn&apost get a rest.
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Deepwater Horizon drilling rig in the Gulf of Mexico on April 21, 2010.
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Another big gainer was drilling rig provider Gulf International Services, up 9.7 percent.
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The drilling rig operator Transocean added 53 cents, or 5.4 percent, to $10.43.
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CERRO PABELLÓN, Chile — It looks and functions much like an oil drilling rig.
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The market was also eyeing U.S. drilling rig count data due after 1 p.m.
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A drilling rig is near a barn and bales of hay in Springville, Pennsylvania.
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Qatar rose 0.9 percent as drilling rig provider Gulf International Services added 2.1 percent.
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Qatar climbed 0.5 percent as drilling rig provider Gulf International Services surged 2.2 percent.
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One drilling rig was moved out of the storm's predicted path as a precaution.
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Brazil's Petrobras terminated its contract for Diamond Offshore's semi-submersible drilling rig Ocean Valor.
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Each drilling rig is huge and arrives disassembled, in a dozen truckloads of parts.
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The Deepwater Horizon offshore drilling rig exploded on April 20, 2010, killing 11 workers.
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Brooklyn, PA. The drilling rig image was taken in Rome, PA by Nina Berman, 2011.
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Drilling rig provider Gulf International Services was the most heavily traded stock, rising 4.5 percent.
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The U.S. oil drilling rig count has risen in 12 of the 13 past weeks.
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Her husband worked as a derrick hand on a drilling rig in the oil fields.
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Qatar edged down 0.2 percent but drilling rig provider Gulf International Services jumped 9713 percent.
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In 2014, Beijing moved an oil-drilling rig into disputed waters not far from Danang.
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The latest weekly data on the U.S. drilling rig count is due at 1 p.m.
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Mr. Gonzalez was later promoted to a job where he operated an environmental drilling rig.
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Equinor began producing from the Peregrino field, where Schlumberger will manage the drilling rig, in 2011.
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Meanwhile, Qatar's index rose 2714 percent with drilling rig provider Gulf International Services jumping 20.3 percent.
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In 2012, Shell interrupted Arctic exploration after an enormous drilling rig broke free and ran aground.
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The company plans to immediately boost spending on the new acreage by adding a drilling rig.
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Oil-sensitive stocks were particularly strong, with drilling rig provider Gulf International Services up 8.9 percent.
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Drilling rig provider Gulf International Services added 2.5 percent and telecommunications provider Ooredoo surged 2.9 percent.
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Her boss needed someone to run a drilling rig over the weekend to take soil samples.
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In Qatar, the index was flat but drilling rig provider Gulf International Services added 1.6 percent.
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The drilling rig is owned by Depthwize Nigeria Limited and Drilling on behalf of Conoil Producing.
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This is the only remnant of the collapsed drilling rig still sitting outside the crater's rim.
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Weekly U.S. oil drilling rig count data, an indicator of future supply, is due at 1 p.
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U.S. oil drilling rig count was up on Friday by 2 to 003, according to Baker Hughes.
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On Friday, oil services firm Baker Hughes reported another weekly increase in the U.S. drilling rig count.
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Oil drilling rig provider Gulf International Services rose 2.2 percent while telecommunications operator Ooredoo gained 2543 percent.
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Drilling rig operators did the best as investors were pleased they keep closing rigs to cut costs.
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They were completed this summer, and the drilling rig left the site at the end of July.
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Qatari Investors Group climbed 143 percent and oil drilling rig provider Gulf International Services was up 2.3 percent.
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Weekly data on the U.S. drilling rig count, an indicator of future production, is due at 1 p.m.
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Financial firm Islamic Holding jumped 7.7 percent, while Gulf International Services, a drilling rig provider, climbed 29 percent.
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The U.S. oil drilling rig count has also risen without pause for seven weeks, signaling more production ahead.
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Once the largest drilling rig operator by market value, Seadrill filed for bankruptcy protection in Texas on Sept.
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Drilling rig provider Gulf International Services, the most heavily traded stock, initially rose but closed 2141 percent lower.
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Qatar lost 20.7 percent; drilling rig provider Gulf International Services, the most heavily traded stock, tumbled 21 percent.
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In Qatar, the index dropped 0.5 percent with oil drilling rig provider Gulf International Services sinking 1.4 percent.
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Qatar climbed 0.4 percent as drilling rig provider Gulf International Services, the most heavily traded stock, gained 1.8 percent.
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The latest figures from November show North Dakota's current drilling rig count is 38, up from 33 in October.
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Mullen also said he expected more consolidation in the drilling rig market between small players, and big deals too.
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North Dakota's drilling rig count, a closely watched barometer of the state's oil industry's health, has been steadily rising.
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Last week, Baker Hughes reported that the U.S. oil drilling rig count rose for a ninth week in ten.
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The 65-foot-tall drilling rig sitting in a residential neighborhood, with concerned neighbors looking on from lawn chairs.
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Lava burned two buildings at the plant, a substation and a warehouse that stored a drilling rig, officials said.
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In 2014, a series of deadly protests erupted in Vietnam after a Chinese drilling rig ventured into disputed waters.
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One drilling rig has been moved from the storm's path in the eastern and central Gulf, the agency said.
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The Macondo well blowout and the fire on the Deepwater Horizon drilling rig on April 20, 2010 killed 11 workers.
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The Macondo well blowout and the fire on the Deepwater Horizon drilling rig on April 20, 2010, killed 11 workers.
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The U.S. drilling rig count, an indicator of future production, last week rose for a second week in a row.
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The state's drilling rig count has jumped 13 percent since early February, when Trump gave final approval to the pipeline.
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Despite the drop and weak oil prices, Whiting said it will add a drilling rig in North Dakota in October.
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This week's oil drilling rig count, an indicator of future production, rose by 5 rigs to a total of 863.
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Qatar dropped 1.0 percent as drilling rig provider Gulf International Services, the most heavily traded stock, pulled back 1.8 percent.
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Gulf International Services, the oil drilling rig provider, was the most heavily traded stock; it jumped 3653 percent in heavy trade.
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Our 2008 Top State, Texas, was revealed from the site of a drilling rig in the Barnett Shale near Fort Worth.
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On top of that, the U.S. oil drilling rig count has risen without pause for seven weeks, signaling more production ahead.
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Shale producer Centennial Resource Development on Thursday joined rivals Diamondback Energy, and Parsley Energy in canceling drilling rig additions next year.
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Qatar's blue-chip index was up 0.4 percent, lifted by a 10 percent gain for drilling rig provider Gulf International Services.
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At the giant Troll gas field, the company said the Songa Endurance drilling rig had suffered a well control incident on Saturday.
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The world's third-largest shipbuilder by orderbook said Sweden's Stena, which originally ordered the drilling rig, had cancelled the order last year.
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In Qatar the most heavily traded stock, drilling rig provider Gulf International Services, climbed 3.0 percent while Industries Qatar rose 1.5 percent.
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Rescuers in southern India used a drilling rig and ropes to reach the toddler, but were only able to recover his body.
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The company is bringing in a fifth drilling rig to its patch next week, having added a fourth in January, Meloy said.
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The latest U.S. drilling rig count showed an increase of 14 rigs, the tenth straight weekly rise, according to Baker Hughes data.
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The latest U.S. drilling rig count by Baker Hughes showed a 10th straight weekly rise, with U.S. drillers adding 21 oil rigs.
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A recent rebound in drilling rig activity boosted production after futures prices extended a rally to three-year highs earlier this month.
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McPhee represented an engineer indicted for obstruction of justice in the Deepwater Horizon oil drilling rig spill in the Gulf of Mexico.
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In 2010, nearly 5 million barrels of toxic oil spewed from the drilling rig, Deepwater Horizon, over the course of 87 days.
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In 2010, the Deepwater Horizon drilling rig exploded and sank in the Gulf of Mexico, spewing millions of gallons of burning crude.
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A Tullow spokesman confirmed the company had already issued a tender to contract a drilling rig for use at the TEN fields.
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The crane had just been used to lift four workers between a supply ship and a drilling rig working 50 miles offshore.
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The state's drilling rig count has been steadily rising, with the count on Friday at 55, 10 percent higher than in April.
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On the evening of April 20, 2010, the Deepwater Horizon drilling rig exploded in the Gulf of Mexico, killing 11 workers onboard.
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But this is the first drilling rig to get all its power from land, rather than from gas turbines on board the rig.
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Oil traders will watch for the weekly U.S. drilling rig count, an indicator of upcoming production, which is due at about 1 p.m.
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Oil drilling rig provider Gulf International Services rose 1.8 percent while telecommunications operators Vodafone Qatar and Ooredoo each gained more than 0.5 percent.
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The U.S. land drilling rig count is up 55 percent in the past 12 months, and many of them are in the Permian.
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This fed into data released late last week that showed U.S. drilling rig numbers had fallen to the lowest level since December 2009.
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American oil production, after a two-year slump, is soaring again, with the active drilling rig count more than doubling since May 2016.
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Qatar's index was almost flat but drilling rig provider Gulf International Services, another possible beneficiary of a stronger oil industry, gained 21 percent.
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A rising U.S. oil drilling rig count and cuts in bullish hedge fund bets on crude to four-month lows have also pressured prices.
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Meanwhile, the U.S. oil drilling rig count fell for the sixth straight week with more cuts seen, oil services company Baker Hughes Inc BHI.
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Meanwhile the U.S. oil drilling rig count fell for the sixth straight week with more cuts seen, oil services company Baker Hughes Inc said.
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Financial firm Islamic Holding was the most active stock and jumped 5.8 percent, while Gulf International Services, a drilling rig provider, climbed 2.6 percent.
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But drilling rig provider Gulf International Services , the most heavily traded stock, climbed 20.3 percent to 26 riyals on the back of strong oil prices.
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OSLO, Jan 25 (Reuters) - Drilling rig company Seadrill has again postponed an initial hearing on its restructuring plan, this time by six days to Feb.
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Image: Nina Berman/Marcellus Shale Documentary Project View of a drilling rig at PDC Energy's Cole well pad in Salesville, Ohio on October 2, 2014.
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Chevron, which has operated in the Permian since the 1930s, recently added a 15th drilling rig in the Permian, with plans to add five more.
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They managed to sign the contract to supply a drilling rig just before one round of sanctions was imposed, giving them some legal breathing space.
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Aramco's board also decided to set up joint ventures for onshore and offshore drilling rig services, the magazine said without giving details of those ventures.
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But drilling rig provider Gulf International Services , the most heavily traded stock, climbed 3.3 percent to 20.45 riyals on the back of strong oil prices.
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Excluding $1.4 million in fees to cancel drilling rig contracts early, as well as other one-time items, the company lost 70 cents per share.
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Qatar's stock index climbed 1.1 percent as petrochemical firm Industries Qatar added 2.9 percent and oil drilling rig provider Gulf International Services surged 5.8 percent.
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When BP recently moved a drilling rig 350 miles across the North Sea, the three-person team responsible for positioning the vessel, remained on land.
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But the problem is that Bly was head of safety during the time period leading up to the explosion of the Deepwater Horizon drilling rig.
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Qatar's index slipped 0.4 percent as drilling rig provider Gulf International Services, which had climbed 3.6 percent on Sunday in heavy trade, pulled back 1.8 percent.
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Qatar dropped 20.1 percent, also ending well off its low, as drilling rig provider Gulf International Services , the most heavily traded stock, pulled back 25 percent.
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"This boom, it's over, at least it feels that way," said Mark Ohl, who lost his job on a drilling rig after Continental canceled its contract.
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A fire in an engine room on Saipem's Scarabeo 5 drilling rig is now under control, Norwegian oil major Statoil said in a statement on Tuesday.
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Drilling rig provider Gulf International Services rose 1.2 percent but many Qatari stocks were sluggish as activity focused on Qatar First Bank, which listed on Wednesday.
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OSLO (Reuters) - Greenpeace activists climbed down from a Seadrill drilling rig in Norway on Tuesday and are no longer occupying it, the environmental group told Reuters.
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The U.S. oil drilling rig count declined this week for the first time in four weeks, with drillers cutting one oil rig in the week to Nov.
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Oil output in the United States remained high even though Baker Hughes data on Friday showed a cut of one drilling rig in the week to Aug.
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The Dockwise Vanguard vessel carries the lower hull of the semi-submersible deepwater oil drilling rig Urca at the Keppel Brasfels shipyard in Angra dos Reis, Brazil.
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Interior said its regulation incorporates lessons learned from Shell, including its error-ridden 2012 season that ended with its drilling rig running aground on an Alaskan island.
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CNOOC later earmarked $32 billion for exploration, and built a giant deep water drilling rig which was placed off central Vietnam in 2014, sparking tensions with Hanoi.
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On Friday, energy services company Baker Hughes reported drillers last week added three rigs in the United States, bringing the total oil drilling rig count to 768.
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The investigation board last met to investigate the 2010 Deepwater Horizon drilling rig explosion that killed 11 workers and triggered the massive Gulf of Mexico oil spill.
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Qatar's index fell 3523 percent and drilling rig provider Gulf International Services, which has risen sharply in the past two months on climbing oil prices, dropped 5 percent.
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A drilling rig also struggled to contain a well, while five people were injured at an oil terminal and the country's biggest refinery was evacuated over a leak.
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An outright sale of Maersk Drilling has been made difficult by oversupply in the drilling rig market, which has yet to recover despite a rebound in oil prices.
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OSLO, April 30 (Reuters) - Greenpeace activists climbed down from a Seadrill drilling rig in Norway on Tuesday and are no longer occupying it, the environmental group told Reuters.
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The events of 2014, during which a Chinese offshore oil drilling rig sailed well inside Vietnam's exclusive economic zone, demonstrated the need for maritime-related assistance to Vietnam.
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The company came under withering criticism for its flawed work on BP's Deepwater Horizon drilling rig before it exploded in 2010, causing the Gulf of Mexico oil spill.
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In order to hit magma, a drilling rig (affectionately named "Thor") is boring down between two tectonic plates, in a boundary region known as the Mid-Atlantic Ridge.
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On the night of April 20, 2010, more than forty miles off the coast of Louisiana, a drilling rig called the Deepwater Horizon suffered a series of explosions.
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An outright sale of the unit has been made difficult by an oversupplied drilling rig market, which has not yet recovered despite a recent gain in oil prices.
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OSLO, July 2 (Reuters) - Offshore drilling rig contractor Seadrill said on Monday it had successfully completed its reorganisation, emerging from a U.S. Chapter 11 bankruptcy process launched last September.
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The BP Macondo well blowout and fire on the Deepwater Horizon drilling rig on April 20, 2010 killed 11 workers and cost billions of dollars for Gulf Coast restoration.
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Certainly, the rise to a 3 1/2-year high in the drilling rig count in the United States last week suggests that more supply is coming on stream.
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Drilling rig provider Gulf International Services, which reported weak third-quarter earnings late last week, sank 8.1 percent while Qatari Investors Group plunged by its 4843 percent daily limit.
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A few of those are on hand as the crisis unfolds on board the Deepwater Horizon, a drilling rig that floats over an oil deposit off the Louisiana coast.
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Not to a film based on the last hours of a doomed oil drilling rig whose fiery demise led to one of the largest environmental disasters in American history.
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Seadrill, one of the world's largest offshore drilling rig operators, filed for bankruptcy in September after a steep drop in crude prices caused drastic cutbacks in oil company investment.
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Oil output in the United States has risen this year, although Baker Hughes data on Friday showed a cut of one drilling rig in the week to Aug. 4.
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The company that owns a geothermal plant near Hawaii&aposs erupting volcano says lava has burned down a substation and adjacent warehouse that stored a drilling rig at the complex.
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But they are good climbers, as South Australian firefighters discovered when they found one perched on top of a drilling rig on a construction site in Adelaide early Tuesday morning.
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OSLO (Reuters) - Greenpeace activists on Monday climbed aboard a Seadrill drilling rig commissioned by Equinor in protest against oil and gas drilling in the Norwegian Arctic, the group told Reuters.
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"Of course we're concerned because we've seen the mess down in the Gulf of Mexico - BP's blowout," said Brower, referring to the Deepwater Horizon drilling rig that exploded in 2010.
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TEHRAN — Saudi Arabia said on Monday that its navy had seized three members of Iran's Revolutionary Guards piloting a boat loaded with explosives toward a Saudi offshore oil drilling rig.
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LONDON (Reuters) - A BP drilling rig reached its destination in the North Sea on Wednesday after 11 days of delays due to Greenpeace protests over climate change, the activist group said.
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The deal would be the first time an oil services company replaces a drilling-rig contractor, the person said, adding pressure to offshore drillers still reeling from an industry-wide contraction.
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OSLO, April 29 (Reuters) - Greenpeace activists climbed on Monday aboard a Seadrill drilling rig commissioned by Equinor to explore for oil and gas in the Norwegian Arctic, the group told Reuters.
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Her team estimates that as many as a quarter of Britain's drilling rig fleet is currently cold stacked, meaning the equipment is stored away and maintained only on a basic level.
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In commodities, crude failed to recover from overnight losses on a rebound in Libyan output and an increase in U.S. drilling rig capacity, both of which exacerbated concerns about a glut.
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The Norwegian company, once the largest drilling rig operator by market value, filed for bankruptcy protection after being hit hard by oil company investment cutbacks following the fall in oil prices.
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Reuters reported last month that Sembcorp Industries Ltd , the parent of Sembcorp Marine, may inject funds into the company or buy full control of the drilling rig builder to replenish finances.
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Weatherford International – The energy industry services provider is selling various land drilling rig operations in the Mideast to ADES International Holdings for $287.5 million, as it seeks to sell underperforming assets.
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OSLO, Nov 21 (Reuters) - Seadrill has started discussions with its bank lenders on how to restructure the company's debt, the drilling rig company's Chief Executive Anton Dibowitz told Reuters on Thursday.
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Crude oil futures extended losses after falling 3 percent on Friday, pressured by the stronger dollar and data showing the U.S. oil drilling rig count rose for the second week in row.
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SEOUL, Jan 29 (Reuters) - South Korea's Samsung Heavy Industries Co Ltd said on Monday it has agreed to sell a semi-submersible drilling rig for $500 million to an unidentified European company.
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In the Permian Basin of Texas, where Chevron controls more than 1 million acres of oil-rich land, the company plans to add a new drilling rig every 8 weeks, Watson said.
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Drilling rig provider Gulf International Services added 8093 percent after the Qatar exchange said index compiler FTSE had added GIS to the list of companies eligible for its secondary emerging markets index.
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In the Bakken, one of the company's largest areas of operations, Statoil plans to add a drilling rig this year and "slowly grow" output through the end of the decade, Reitan said.
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For instance, a company that sells a drilling rig in one country that was bribed may well have sold that same rig elsewhere without such a bribe and still made a profit.
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The company cut production, and declared force majeure on exports, after a drilling rig, experiencing mechanical difficulties, damaged the pipeline it jointly owns with the state-owned Nigerian National Petroleum Corporation (NNPC).
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High oil output in the United States was counteracting other bullish factors, including a Baker Hughes report on Friday that showed a cut of one drilling rig in the week to Aug.
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Qatar's index dropped 2782 percent as drilling rig provider Gulf International Services, hit hard by the weakness of oil prices, fell a further 21.0 percent to a 25-month low of 2419 riyals.
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COPENHAGEN, Dec 8 (Reuters) - Maersk Drilling said on Friday that an employee, a Norwegian citizen, has died following an accident on a drilling rig at Aker BP's Tambar oilfield off Norway on Thursday.
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DUBAI, March 20 (Reuters) - Strength in drilling rig provider Gulf International Services (GISS) supported Qatar's stock market in early trade on Sunday, while United Arab Emirates markets fell as telecommunications giant Etisalat sagged.
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Qatar's index dropped 1.2 percent as drilling rig provider Gulf International Services, hit hard by the weakness of oil prices, fell a further 3.4 percent to a 27-month low of 43.50 riyals.
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Drilling rig provider Gulf International Services added 1.4 percent after the Qatar exchange said that index compiler FTSE had added GIS to the list of companies eligible for its secondary emerging markets index.
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In 2014, China moved an offshore drilling rig into waters that Vietnam considers part of its exclusive economic zone, which prompted large demonstrations and efforts by Vietnam to force the rig to move.
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A contractor who was injured while working on an elevated oil-drilling rig 20 miles off the Louisiana coast cannot sue his employer under the Jones Act, a federal appeals court held Wednesday.
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Instead, we expect prices to fall back from current levels as higher oil prices encourage significant additional non-OPEC production, especially in the U.S., where drilling rig numbers are very responsive to prices.
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Exxon has struggled to bring production of Qua Iboe back to normal after an accident in May on a drilling rig that damaged a pipeline, after which the company also declared force majeure.
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This lack of infrastructure and capability was demonstrated in 2012 when a the crew of a drilling rig (also belonging to Royal Dutch Shell) got caught in high seas had to evacuate the rig.
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A total of about 30,13 barrels of oil were estimated to have spewed into the Timor Sea over 74 days after an explosion at PTTEP's Montara drilling rig off Australia's northwest coast in 2009.
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Shares in Qatari drilling rig provider Gulf International Services tumbled 20.5 percent after the company reported first-quarter net profit of 24 million riyals, down from 1.03 million riyals in the year earlier period.
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Several kilometers below ground, a drilling rig named Thor will soon penetrate the area around a magma chamber, where molten rock from the inner Earth heats up water that has seeped through the seafloor.
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Oil and Money When many oil companies were hunkering down trying to save money, Robert Trice, a geologist, spent four months on a drilling rig in the rough waters west of Scotland's Shetland Islands.
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The U.S. oil drilling rig count, an early indicator of future output, rose by four to 873 this week, the highest since March 2015, General Electric Co's Baker Hughes energy services firm said on Friday.
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The tiny payout was part of a confidential settlement to dismiss a lawsuit relating to the Deepwater Horizon disaster, when a BP offshore drilling rig exploded on April 212014, 212017, in the Gulf of Mexico.
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Clark, a partner at Kirkland & Ellis, represented BP after the 2010 Deepwater Horizon drilling rig explosion and Macondo oil well rupture that killed 11 workers and caused the largest offshore environmental disaster in U.S. history.
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An oil price of close to $60 a barrel brings them back into play, as can be seen by the rising drilling rig count in the United States, now in its seventh month of expansion.
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Halcon Resources Corp this week said it would remove a drilling rig in the Permian Basin next month because of "lower near-term realized oil prices in the Midland market," referring to the regional price.
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In Peter Berg's upcoming disaster movie Deepwater Horizon, the 32-year-old Golden Globe winner plays Andrea Fleytas, a crew member on the mobile oil-drilling rig that exploded into flames on April 20, 2010.
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But in 2014, China placed a giant deep-sea drilling rig to explore for oil and gas right off the Vietnamese coast, and Mr. Trong could not even get his telephone calls to Beijing returned.
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However, locating the proper equipment and figuring out how to transport it to the rugged mountaintop has proved difficult, as did tracking down a drilling rig and power generator that could be airlifted by helicopter.
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Drilling rig provider Gulf International Services bucked the downtrend, rising 21.3 percent to 26 riyals in unusually heavy trade as it tested and held technical support on its 2624-day average, now at 20.4 riyals.
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A substation and adjacent warehouse that stored a drilling rig at the Puna Geothermal Venture were covered by lava on Wednesday, according to a Thursday statement from Ormat Technologies, the Nevada company that owns the plant.
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The markets were boosted earlier after Exxon Mobil Corp declared force majeure on exports of Nigeria's largest crude grade as a portion of production had been curtailed following damage to a pipeline by a drilling rig.
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London-based offshore rig contractor Ensco Plc last year bought smaller rival Atwood Oceanics in a deal valued at $839 million, while world's biggest drilling rig operator, Transocean Ltd, bought Norway's Songa Offshore for $1.1 billion.
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But in 2014, China placed a deep-sea drilling rig to explore for oil and gas right off Vietnam, and Mr. Trong, the party's general secretary, could not even get his phone calls to Beijing returned.
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The company said it would use the proceeds to redeem all of its preferred shares and accrued dividends, as well as to buy one drilling rig to add to its fleet of 38 jack-up rigs.
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Although defaults by supply ship and drilling rig operators in the oil-rich country are set to hit some investors, there are signs others are again willing to buy bonds offering higher returns for more risk.
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Yet the company is boosting annual spending this year by about 18 percent to $2.25 billion, adding a drilling rig in North Dakota's Bakken shale and expanding in the U.S. Gulf of Mexico, Thailand and Guyana.
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Operator Exxon Mobil Corp confirmed in an email that a drilling rig, experiencing mechanical difficulties, damaged the pipeline it jointly owns with the state-owned Nigerian National Petroleum Corporation (NNPC) and caused a spill on Sunday.
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White Collar Watch The explosion of the Deepwater Horizon drilling rig in the Gulf of Mexico in 2010 and the demise of venerable New York law firm Dewey & Leboeuf in 2012 could not be more different.
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Oil investors were also cautious after U.S. drilling rig data published by Baker Hughes on Friday showed explorers increased oil drilling capacity for the second time in three weeks, extending a 15-month recovery in drilling.
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Exxon Mobil cut Qua Iboe production and declared force majeure on exports on Friday, after a drilling rig, experiencing mechanical difficulties, damaged the pipeline it jointly owns with the state-owned Nigerian National Petroleum Corporation (NNPC).
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The Saudi-led coalition fighting against the Houthis said the seized vessels included a Korean drilling rig and the Saudi tug, the Rabigh 3, which was captured by armed Houthi fighters who attacked from two boats.
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The Saudi-led coalition fighting against the Houthis said the seized vessels included a Korean drilling rig and the Saudi tug, the Rabigh 3, which was captured by armed Houthi fighters who attacked from two boats.
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OSLO, Aug 20 (Reuters) - Seadrill's core earnings for the second quarter exceeded the company's own guidance, and are set to rise in the third, the Oslo and New York-listed oil drilling rig operator said on Tuesday.
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HOUSTON (Reuters) - An investigation into an explosion at an Oklahoma natural gas drilling rig that killed five workers last year faulted inadequate training and equipment and called for new regulations, the U.S. safety regulator said on Wednesday.
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"Of course we're concerned because we've seen the mess down in the Gulf of Mexico - BP's blowout," he said, referring to the Deepwater Horizon oil drilling rig that exploded in 2010, causing the worst spill in history.
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Abu Dhabi's index edged up 0.3 percent as Dana Gas Gas surged 3.9 percent, while Qatar firmed 0.2 percent as drilling rig provider Gulf International Services , a possible beneficiary of a stronger oil industry, gained 3.2 percent.
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Set around the titular 2010 oil spill disaster, director Pete Berg brings his patriotic brand of spectacle to the story of drilling rig crewman Mike Williams (Mark Wahlberg), who would become the human face of the disaster.
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Shares in Qatari drilling rig provider Gulf International Services tumbled 5.1 percent in early trade after the company reported first-quarter net profit of 9.5 million riyals, down from 15.1 million riyals in the year earlier period.
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The plan involves use of the Maersk Inspirer jack-up drilling rig as a production platform, but onshore preparations will not be complete until the second quarter, longer than previously planned, Repsol told Reuters in an email.
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In 2010, a BP-operated drilling rig called Deepwater Horizon exploded, killing 11 people and spilling nearly 5 million barrels of oil into the Gulf of Mexico, making it the largest oil spill in U.S. federal waters.
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But drilling rig provider Gulf International Services rose 0.7 percent to 36.90 riyals after QNB rated the stock "outperform" with a price target of 45 riyals, though that was down from a previous target of 2214 riyals.
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TMK's U.S. business began contributing positive EBITDA in the first quarter of this year after seven quarters in the red, on the back of strongly recovering U.S. drilling rig activity, Citi said in a preview on TMK's results.
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Transocean Ltd on Thursday won the dismissal of an appeal by shareholders accusing the owner of the doomed Deepwater Horizon drilling rig of deceiving them about its safety practices prior to the 2010 Gulf of Mexico oil spill.
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Vidrine and another supervisor aboard the Deepwater Horizon drilling rig had been accused by the U.S. Department of Justice of failing to properly conduct necessary pressure tests before the April 20, 2010 blowout of BP's Macondo oil well.
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Gone is the requirement for a subsea accumulator — equipment meant to ensure that a pipe spewing gas uncontrollably could still be sealed up in the event of a power loss between the ocean floor and the drilling rig.
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LONDON (Reuters) - Greenpeace activists climbed back on a drilling rig on Friday to keep it from heading to a BP oilfield in the British North Sea, hours after police removed protesters who had boarded the vessel days earlier.
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Originally opened in 2003, it was destroyed by Hurricane Katrina in 2005, rebuilt and expanded, and reopened as a "supercenter" in October 2009 – just six months before the Deepwater Horizon drilling rig sank in the Gulf of Mexico.
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The April 20, 2010, Deepwater Horizon drilling rig explosion and Macondo oil well rupture killed 11 workers and caused the largest offshore environmental disaster in U.S. history, polluting large parts of the Gulf, killing marine wildlife and harming businesses.
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HOUSTON, June 12 (Reuters) - An investigation into an explosion at an Oklahoma natural gas drilling rig that killed five workers last year faulted inadequate training and equipment and called for new regulations, the U.S. safety regulator said on Wednesday.
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The effects of the downturn are similar everywhere: The once-plentiful drilling rig jobs that often paid $7003,000 a year have vanished, as have many of the people who came to oil and gas regions looking for those jobs.
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OSLO, June 2 (Reuters) - Norwegian drilling rig operators have reached a wage deal with all three trade unions representing workers, averting the risk of a strike that could have hit exploration, the companies and the unions said on Friday.
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The U.S. drilling rig count is rising at its fastest pace in six years and U.S. crude stockpile are close to 533 million barrels - near an all-time high and enough to supply the United States for 25 days.
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Their recovery early this year has stalled on a barrage of factors including disappointing drawdowns in U.S. crude and gasoline, rising U.S. oil drilling rig count and cuts in bullish hedge fund bets on crude to four-month lows.
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Qatar's Gulf International Services, however, may retreat after the oil drilling rig company posted a wider fourth-quarter net loss of 122.1 million riyals ($33.5 million) versus a 20.8 million riyal loss in the same period a year earlier.
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From the ENGO-funded protests that saw activists board Shell's Alaska-bound drilling rig to the Greenpeace minions who swarmed Puget Sound in kayaks to prevent it from reaching its destination – Alaska's OCS is big business for the greenies.
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A federal judge overseeing the litigation over an oil spill in the Gulf of Mexico, ruled that Mexico's Yucatan state could not bring claims against oil giant BP, which operated the Deepwater Horizon drilling rig that exploded in 2010.
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LONDON (Reuters) - A BP drilling rig heading to an oilfield in the British North Sea has been forced to turn away twice over the past two days as a Greenpeace vessel protesting climate change tries to hamper its progress.
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Six months earlier, its drilling rig had struck a giant oil reservoir, the Whale well, in the U.S. side of the Gulf of Mexico - just across the border from many of the Mexican blocks, which share a similar Paleogene-age geology.
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Oil prices settled lower by more than 1 percent on Monday, touching two-month lows on oversupply fears after smaller-than-expected drawdowns in U.S. crude and gasoline inventories data released last week and rising U.S. oil drilling rig counts.
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"The decline in U.S. oil production this year and in 2017 is not expected to be as steep as in previous forecasts, because of improved drilling rig efficiencies and more rigs drilling," EIA Administrator Adam Sieminski said in a statement.
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This could boost petrochemical stocks and shares in other companies linked to the oil industry such as Qatari drilling rig provider Gulf International Services, which jumped 6.5 percent on Sunday to 37.00 riyals in its heaviest trade since mid-March.
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Despite the massive drop in both oil and natural gas prices last week, the U.S. oil drilling rig count rose for a second week in a row to its highest since December, energy services firm Baker Hughes Co said on Friday.
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The Longshore and Harbor Workers Compensation Act covers an electrician who was injured in 2014 while installing wires on the floating platform that later become Chevron's massive Big Foot offshore drilling rig, the 5th U.S. Circuit Court of Appeals held Thursday.
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"All across the world people were watching this thing in Midland, Texas, and if they didn't get a tear in their eye, they're not human," James Shaw, who helped operate the drilling rig used to free Jessica, said at the time.
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OL. Zuckerberg spent more than two hours with roughnecks on the drilling rig, asking about technology developments that have helped the U.S. shale industry in the past two years cut in half the time needed to drill a new oil well.
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Donald J. Vidrine, who faced prosecution as one of two BP supervisors on the Deepwater Horizon oil drilling rig that exploded in the Gulf of Mexico in 2010, died on Saturday at his home in Baton Rouge, La. He was 69.
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Following an explosion that killed 2628 crew members, the Deepwater Horizon drilling rig sank to the bottom of the ocean, causing 28503 million gallons of oil to spill across 22019,200 square miles of the Gulf for more than 12 weeks.
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The vessel was towing a South Korean drilling rig in the south of the Red Sea when it "fell under hijacking and armed robbery by two boats," Saudi military spokesman Colonel Turki al-Malki told a news conference, SPA reported.
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Now, playing video games like Call of Duty and Mario Kart with his friends over the years has paid off, giving him the eye-hand coordination to monitor and operate the control panels and joy sticks that control the drilling rig.
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Among approved designs, SalMar is building what it calls the "world's first offshore fish farm" to start in late 13 - a floating circular construction 110 meters (360 ft) across that looks like a drilling rig, apart from huge nets dangling below.
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Colby Goatley, a meteorologist at Weather Decision Technologies Inc, said his firm is helping about 10 drilling rig operators chart a course away from Nate, which is producing up to 30-foot (9.1-meter) waves near its centre, he said.
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OSLO (Reuters) - An offshore drilling rig hired by Norwegian oil and gas producer Aker BP is getting all its power from electricity produced onshore, the firm said on Thursday, in a move that cuts carbon emissions and could be a world first.
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On April 20, 2010, off the coast of Louisiana in the Gulf of Mexico, BP's Deepwater Horizon offshore drilling rig experienced a catastrophic equipment failure, igniting an enormous fireball that killed 11 people and could be seen as far as 40 miles away.
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MIDLAND, Texas/HOUSTON (Reuters) - As crude prices plummeted last summer, Steve Pruett, chief executive of a small west Texas oilfield developer, idled a drilling rig, opting to pay $21,2150 a day to store it rather than dig more wells and risk bigger losses.
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CARACAS, Feb 24 (Reuters) - Venezuelan state oil company PDVSA said on Friday it expects an arbitration panel in Paris to reach a decision on its dispute with PetroSaudi Oil Services Ltd over an offshore drilling rig in the final months of this year.
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The U.S. oil drilling rig count rose for the fourth week in a row, bringing the total count to 825, the highest level since March 2015, General Electric Co's Baker Hughes energy services firm said in its closely followed report on Friday.
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DUBAI, Nov 18 (Reuters) - The Saudi-led military coalition engaged in Yemen said on Monday that the Iran-aligned Houthi movement had hijacked a vessel towing a South Korean drilling rig south of the Red Sea, the state Saudi Press Agency reported.
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Gas prospecting gone wrong, however, is the accepted explanation — Soviet engineers in 1971 bit off more than they could chew, drilling and hitting a gigantic underground gas cavern which then collapsed, forming a sinkhole and sucking the entire drilling rig into it.
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This little guy is the latest in a run of koalas getting up to mischief, including one who found itself stuck on top of a drilling rig last week, and one who was found holding onto a car's wheel axle for 16 kilometres (10 miles).
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Industry revenue fell more than 240 percent in 250 from the previous year, the U.S. drilling rig count dropped by more than 70 percent from when oil was still above $100 per barrel, stock valuations plunged and scores of small producers filed for bankruptcy.
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Discovery Operating, a small oil company in Midland, currently plans to send a drilling rig into the Midland Basin, but if regional oil prices fall below $55 a barrel, the company will put the move on hold, said Jeff Sparks, Discovery's chief operating officer.
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Industry revenue fell more than 250 percent in 2015 from the previous year, the U.S. drilling rig count dropped by more than 70 percent from when oil was still above $100 per barrel, stock valuations plunged and scores of small producers filed for bankruptcy.
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TMK's U.S. business began contributing to core earnings - earnings before interest, tax, depreciation and amortization (EBITDA) - in the first quarter of this year after seven quarters in the red, helped by a strong recovery in U.S. drilling rig activity, analysts at Citi have said.
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The Sikorsky S-92 took off from the Maersk Gallant drilling rig operated by France's Total at around 0720 GMT on Friday and had to land on the Ula platform 43 kilometres away at 0752 GMT after a cockpit indicator showed low oil pressure in its gearbox.
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AND DRILLING RIG ASSETS * MATRRIX ENERGY TECHNOLOGIES INC - DEAL FOR TOTAL CONSIDERATION OF APPROXIMATELY $3.53 MILLION * MATRRIX ENERGY TECHNOLOGIES - MANAGEMENT OF D2 HAS AGREED TO NOT SOLICIT FURTHER OFFERS OR INITIATE DISCUSSIONS WITH THIRD PARTY CONCERNING SALE OF D2 Source text for Eikon: Further company coverage:
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RIO DE JANEIRO, July 29 (Reuters) - Brazil's Petrobras has signed a two-year contract to lease a drilling rig from Ocyan, formerly known as Odebrecht Oleo e Gas, an executive told Reuters, in the first deal between the firms since a corruption scandal erupted five years ago.
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Companies such as Cloud Peak Energy, Peabody Coal, BP and Exxon have caused major environmental disasters, the most infamous being the Deepwater Horizon drilling rig explosion and rupture on April 20, 2010, which killed 11 workers and was the largest offshore environmental disaster in U.S. history.
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WASHINGTON (Reuters) - U.S. President Donald Trump's selection of Jeffrey Bossert Clark to be the Justice Department's top environmental lawyer has raised concerns by Gulf coast environmental groups as he was the lawyer for international oil company BP Plc in the aftermath of the company's 2010 drilling rig explosion.
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The move comes just days after Frontline, Fredriksen's listed oil tankers operator, launched a $475m offer for Double Hull Tankers, a smaller rival, while Fredriksen is also trying to resolve a $14 billion debt crisis at his drilling rig firm Seadrill, where he is chairman and the biggest shareholder.
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