Top News of The Week July 1 – 6, 2013

Saipem Rig Sinks Offshore Angola. One Person Missing

OGX Cancels FPSOs, Platforms Orders. Shares Drop to Record Low

South Korea: Samsung Heavy Receives $727 Mln Rig Order

Gumusut-Kakap: Asia’s Largest Offshore Facility Being Installed at Project Site

KMG Buys ConocoPhillips’ Kashagan Interest for $5 Billion (Kazakhstan)

Sembcorp Receives Two Jack-Up Rig Orders from Mexico