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GE Oil & Gas and Diamond Offshore Enter Landmark Service Agreement

Monday, February 8, 2016  
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GE Oil & Gas and Diamond Offshore Drilling, Inc. announced the offshore drilling industry’s first-of-its-kind contractual service agreement that transfers full accountability for BOP performance to GE Oil & Gas. Under this model, Diamond Offshore will compensate GE Oil & Gas only when the BOP is available. More...

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