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    <title>Bjoerge, Flowserve to propel rigs</title>
    <description>Oslo-based pump maker Bjoerge will enter the rig-propulsion business with U.S.-based Flowserve and a new concept to make thrusters more efficient, it was understood Friday.</description>
    <pubDate>Fri, 20 Jul 2007 10:10:01 UT</pubDate>
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    <title>Genesis hires AGR, semi-submersible</title>
    <description>Genesis Petroleum has hired AGR Petroleum Services to undertake a complete well services project and make available the Byford Dolphin semi-submersible rig to drill the company’s first U.K. well early in 2008.</description>
    <pubDate>Thu, 19 Jul 2007 09:31:43 UT</pubDate>
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    <title>Noble earnings soar 60%, dayrate hits $525,000</title>
    <description>Drilling contractor Noble Corp. has posted a 60-percent earnings increase over the year-ago period and upped shareholder value 66 percent despite $342 million spent on major equipment orders.</description>
    <pubDate>Thu, 19 Jul 2007 08:42:55 UT</pubDate>
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    <title>Bredford Dolphin starts three-year Norway campaign</title>
    <description>Det Norske Oljeselskap has spudded a wildcat on the Norwegian continental shelf aimed west of the Grane field to depths of 2,200 metres.</description>
    <pubDate>Tue, 17 Jul 2007 09:13:18 UT</pubDate>
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    <title>Burren buys rig, as production creeps upward</title>
    <description>Independent U.K. Central Asia explorer Burren Energy is producing nearly 4,000 more barrels of oil per day than in 2006, as water injection boosts reservoirs from Turmenistan to the Congo and forcing the “purchase” of an oil rig.</description>
    <pubDate>Mon, 16 Jul 2007 08:10:05 UT</pubDate>
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    <title>Hercules heralds close of $2.3B TODCO union</title>
    <description>Shallow-water rig contractor Hercules Offshore has completed the acquisition of TODCO with the approval of combination by both companies’ shareholders.</description>
    <pubDate>Thu, 12 Jul 2007 09:30:00 UT</pubDate>
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    <title>Seadrill orders $598M deepwater drill ship</title>
    <description>Seadrill has entered into a $598-million turnkey contract to build a third ultra-deepwater drillship at the Samsung Shipyard in South Korea, the drilling contractor announced Thursday.</description>
    <pubDate>Thu, 12 Jul 2007 08:12:47 UT</pubDate>
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    <title>Seadrill raises $153M, hints at new semis</title>
    <description>Growing rig contractor Seadrill has raised NOK889 ($153 million) “targeted at further investments in deepwater newbuilds”, it was learned Wednesday.</description>
    <pubDate>Wed, 11 Jul 2007 09:32:58 UT</pubDate>
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    <title>Lamprell announces $168M LeTourneau order</title>
    <description>Middle East yard Lamprell declared Friday that it has a $168-million deal with a rig contractor to build a new jack-up, provided the orderer shores up its financing.</description>
    <pubDate>Fri, 06 Jul 2007 08:53:54 UT</pubDate>
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    <title>Seadrill sends jack-up with “issues” to repairs</title>
    <description>Plagued by “operational issues”, the Seadrill jack-up rig West Larissa will limp to a Singapore yard for leg repairs expected to take four months, it was understood Thursday.</description>
    <pubDate>Thu, 05 Jul 2007 08:57:56 UT</pubDate>
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    <title>Sterling, Faroe find rigs ahead of winter rigours</title>
    <description>U.K.-listed E&amp;amp;P outfit Faroe Petroleum has struck a rig deal through well-management company AGR for the drilling of the Breagh appraisal well in Block 42/13 of the Southern North Sea Gas Basin.</description>
    <pubDate>Wed, 04 Jul 2007 10:40:04 UT</pubDate>
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    <title>Venture begins earning in Equatorial Guinea</title>
    <description>Norwegian drilling business Venture Drilling has started earning under contract for ConocoPhillips in Equatorial Guinea, the company announced Monday.</description>
    <pubDate>Mon, 02 Jul 2007 13:32:40 UT</pubDate>
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    <title>Awilco orders $197M in gear ahead of rig order</title>
    <description>Drilling contractor Awilco Offshore has secured a drilling package from National Oilwell in Kristiansand, Norway for a fourth new-build, semi-submersible drill rig not yet ordered.</description>
    <pubDate>Mon, 02 Jul 2007 10:57:38 UT</pubDate>
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    <title>Keppel secures $534 million rig contracts</title>
    <description>Keppel FELS Limited (Keppel FELS), a wholly-owned subsidiary of Keppel Corporation Limited, has secured two rig contracts amounting to US$534 million (approximately S$820 million).</description>
    <pubDate>Tue, 26 Jun 2007 02:22:57 UT</pubDate>
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    <title>Seadrill secures four more years for West Navigator</title>
    <description>Bermuda-registered driling contractor Seadrill has secured a new four-year, $810 million&amp;#160; replacement deal with Hydro and Shell for its drill ship West Navigator.</description>
    <pubDate>Mon, 25 Jun 2007 08:02:10 UT</pubDate>
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