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Posts Tagged ‘deepwater’

Ultra-Deepwater Drilling on the Rise

By Chris Sutton – Partner, Clover Global Solutions, LP According to the Bureau of Ocean Energy Management (BOEM), “ultra-deepwater” generally refers to drilling at depths of 5,000 feet and beyond.  As new technology is allowing for drilling at greater depths, the worldwide supply of ultra-deepwater rigs is on the rise.  According to offshore deepwater drilling…

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