(Reuters) - Oil-rig builder Lamprell Plc said it was implementing further cost reductions in the face of contract cancellations, pushing its shares up more than 10 percent. Shares in the company rose ...
HONG KONG/SEOUL (Reuters) - China is emerging as a strong contender to the traditional offshore oil rig manufacturing powerhouses of Singapore and South Korea as shipyards such as COSCO Corp fight for ...
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