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September 01, 2020 10:18am
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Offshore Drilling Moratorium Weighs Down Deepwater Drilling Companies

Shares of deepwater drilling companies Noble Corp. (NYSE: NE) fell $1.00 to close at $29.07 and Transocean Ltd. (NYSE: RIG) dropped $2.94 to close at $56.77 after the government ordered drilling to stop at 33 deepwater wells while safety reviews are conducted.

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