Signal provides new construction and repairs to offshore drilling rigs and ship components for the Navy and Coast Guard.
There are also hundreds of offshore drilling rigs, and the number is growing.
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Hornbeck, which provides transportation to offshore drilling rigs and production platforms, said its business was being unjustly interrupted by the moratorium.
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The sea around northern Sakhalin, in which the project's offshore drilling rigs stand, freezes for half the year and is home to a rare whale.
It handles concessions for 45 professional sports teams in the U.S. And it makes deliveries--to offshore drilling rigs in the North Sea and the Gulf of Mexico for such clients as British Petroleum.
Oilfield services companies provide the tools and equipment required in the exploration of oil including drilling rigs, offshore rigs and transport equipment.
And even though diamond inserts cost roughly ten times as much as carbide inserts, they didn't need to be replaced nearly as often, thus lowering overall drilling costs, especially at offshore rigs.
Only once it's determined that any Atlantic sea creatures 50 miles offshore can withstand the racket of a few drilling rigs will the department even consider scheduling a lease sale.
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This at a time when permitting of offshore drilling has been slowed to a near halt, oil rigs are being displaced to foreign locations by government regulators, and vast land and ocean oil and gas reservoirs, including oil shale deposits, have been put off-limits altogether.
Higher offshore and deepwater drilling activity is beneficial to Halliburton since services to deepwater rigs command better rates and also provide scope for the firm to offer integrated solutions to oil and gas companies.
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Several owners of small companies who provide a myriad of services to support offshore drilling in the Gulf, including those who ferry people and supplies to offshore oil rigs, went to federal court to enjoin the federal government from enforcing what they saw as an arbitrarily imposed moratorium.
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