Monday, August 5, 2013

China's Offshore Push Shakes Singapore Builders of Oil

Wall Street JournalChina's Offshore Push Shakes Singapore Builders of Oil-Drilling RigsWall Street JournalSingapore's rig makers, Keppel Corp.'s Keppel Offshore and Marine unit and SembCorp Marine Ltd., which both posted lower second-quarter profits, are responding by trying to move upmarket, with equipment that can drill for oil and gas at greater depths ...

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