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Parker Drilling awarded 7-year Hibernia drilling contract

14 Jun 2016
Parker Drilling Canada has won a seven year contract on the Hibernia offshore platform. 

The company plans to start the contract on July 1 and will take over from Paragon Offshore, which previously held the contract for several years. 

The Hibernia platform has been in operation for over 19 years and officials say that it is expected to produce its one billionth barrel of oil by next year.

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