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Technology

A NEW MILESTONE has been reached in the offshore drilling industry. The first circular drilling rig prepared for drilling at a water depth of almost 4,200 m was named at COSCO Shipyard Groups Qidong Shipyard on June 28.

US OILFIELD SERVICES giant Halliburton is poised to launch a next generation stimulation vessel, the Stim Star Angola, specifically for work in Angolas offshore play.

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