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Sedco 471

Volume 82: debated on Monday 8 July 1985

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asked the Secretary of State for Trade and Industry what estimate he has made of the industrial potential to the United Kingdom of participation in the SEDCO 471 ocean deep-drilling programme.

The ocean drilling project is likely to lead to some opportunities for the development of drilling equipment, submersibles, sensors and other equipment which may be of wider application. Contracts for these will, however, be placed throughout the participating nations and the industrial benefits for any individual nation are likely to be limited.