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Oil Drilling Slowdown to Last 12-18 Months

2014-03-01 06:02:24| Oil & Gas - Topix.net

By Balazs Koranyi, Reuters The current slowdown in offshore oil and gas drilling will last 12 to 18 months, and the market for rigs will rebound in 2015, Maersk Drilling said, providing a more optimistic forecast than other drilling firms.

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