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Vol. 10, No. 40 Week of October 02, 2005
Providing coverage of Alaska and northern Canada's oil and gas industry


Anadarko to invest $1.85B to secure rigs

Long-term contracts over six years will secure drilling rigs in tight deepwater market; includes share of new $312M rig

Ray Tyson

Petroleum News Contributing Writer

Anadarko Petroleum, not wanting to be left out of an ever-tightening deepwater rig market, has committed $1.85 billion to various long-term rig contracts over the next six years, including a hefty time share of a new $312 million deepwater semi-submersible rig to be commissioned by contract driller....

    [additional news subjects in this story]

Four-year lease for deepwater semi-submersible

Anadarko has multiple Gulf projects

Ensco 8500 enhanced version of 7500


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