Woodside multi-purpose semisub plan advances

Innovative step: Woodside chief executive Peter Coleman

BLOOMBERG

By Tan Hwee Hwee and Xu Yihe from Singapore

 19 July 2012 22:59 GMT

AUSTRALIA independent Woodside Petroleum has returned to the drawing board to develop a multi-purpose semi-submersible rig with built-in capacity for drilling and pipelay operations to support the development of oil and gas fields off Western Australia.

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