SHANGHAI/HANOI (Reuters) - A Chinese oil rig has finished drilling near the disputed Paracel islands in the South China Sea after finding signs of oil and gas, a top Chinese energy firm said on Wednesday, more than two months after its deployment hurt ties with Vietnam.
Vietnam's coastguard said the $1 billion (£583.50 million) deepwater rig was being moved towards China's southernmost island province of Hainan. China's official Xinhua news agency said it would be relocated to an area off Hainan but gave no details or a date.
