Hercules Offshore nabs $420 million North Sea rig contract

Wednesday, May 21, 2014 - 07:20 in Earth & Climate

Daniel J. GraeberHOUSTON, May 21 (UPI) -- U.S. rig company Hercules Offshore said it signed a $420 million contract with the North Sea subsidiary of Maersk Oil to develop the region's Culzean oil field.

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