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    <title>FRID extended deadine for second option</title>
    <description>Yantai Raffles Shipyard has agrees to extend the April 5, 2007 deadline for executing the contract to build a second rig similar to the &apos;SS Frigstad Oslo&apos;, which is currently under construction at Rantai Raffles. Within this agreement, Frigstad may now declare the option anytime before June 5, 2007.</description>
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    <title>Ocean Rig loses $10M for gear trouble</title>
    <description>A Norwegian semi-submersible drill rig plying frigid waters in search of oil and gas says a few days stoppage due to a malfunctioning riser have cost the drilling contractor $10 million in day-rate losses.</description>
    <pubDate>Wed, 07 Feb 2007 09:44:05 UT</pubDate>
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    <pubDate>Wed, 17 Jan 2007 13:49:50 UT</pubDate>
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