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    North Sea standby market remains sluggish

    Contracts, Tenders and Rates // January 31, 2003
    Seabrokers reports that activity in the standby market in the North Sea has become "sluggish."

    "It is considered likely that a slight increase in demand will occur when well support contracts are tendered/fixed in support of drilling programmes commencing towards the end of the 1st quarter of 2003," said Seabrokers.

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