This award brings the number of rigs currently undergoing repair and upgrade at Signal to six. With these new contracts Signal will hire approximately 200 additional craft personnel.
Reuters - Brazil's state-run oil company, Petroleo Brasileiro SA, said on Friday that it had discovered new, good-quality oil deposits in the so-called sub-salt region.
Reuters - Britain's biggest oilfield Buzzard will undergo 25 days of planned maintenance starting in late July, its operator Nexen confirmed on Friday.
By Henning Gloystein, Reuters
Ukrainian plans for expanding Black Sea natural gas output have been thrown into doubt by Russia's seizure of Crimea, a region