oil rig
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TransForce exiting Canadian oil rig moving business to focus on US
Move will reduce annual revenues by up to $25 million but also cut losses.
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Statoil hits more oil off Newfoundland
New discovery of light, high-quality oil in Flemish Pass Basin.
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No one injured after huge cylinder falls from NL oil rig
Operations onboard the offshore rig have been suspended pending investigation.
