Displaying items by tag: Drilling

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Displaying items by tag: Drilling

Orica reports increase in 2013 financial half year profit

Orica (ASX: ORI) today announced a statutory net profit after tax and individual material items of $267 million for the half year ended 31 March 2013, up $14 million or 6% compared with the previous corresponding period (pcp) of $253 million.

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Statoil secures exploration rig capacity

Statoil has secured the Stena Carron rig for high-impact opportunities supporting the company’s international growth ambitions.

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In Angola, Statoil will test the pre-salt potential in the Kwanza blocks by drilling the commitment wells in block 38 and 39.

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