NIGERIA’s offshore rig count from
June till September has reduced to seven from 11 recorded as at end first half
2016, H1’16, indicating that four rigs were shut down in third quarter, Q3’16,
Baker Hughes, global oil industry data and information company stated in its
oil data report. This is coming as Baker Hughes reported that the international
offshore rig count for September 2016 was down by 47 rigs
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