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DRILLING

BHP in search for new rig for Philippine drilling

THE drilling of Otto Energy's Cinco well in SC55, offshore Philippines, is up the in the air afte...

Marija Stojkovic

Otto said BHP terminated the contract for the Deepwater Expedition after the rig did not pass key acceptance tests. The fifth generation deepwater rig was built in 1999 and has been out of action since...

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