Completions
News
May 07, 2015
Baker Hughes has announced the commercial release of its Vault barrier valve, which provides an ISO-qualified barrier in the wellbore to help protect the lower completion and minimize costly fluid loss during well construction.
News
May 05, 2015
HOUSTON -- Weatherford International has announced the commercial release of its SecureView wireline cased-hole evaluation suite.
News
May 04, 2015
Baker Hughes announced the introduction of its Hammerhead system—the industry’s first fully integrated wellhead-to-reservoir ultradeepwater completion and production system— at OTC 2015 on Monday.
News
April 24, 2015
Ithaca Energy Inc. has entered into an agreement to sell its wholly owned subsidiary, Ithaca Petroleum Norge, for an initial consideration of $60 million.
News
December 30, 2014
NEY YORK (Bloomberg) -- U.S. oil drillers idled the most rigs since 2012 as prices slide below $55/bbl to the lowest level in five years and a fight for market share with OPEC intensifies.
News
December 30, 2014
STOCKHOLM, Sweden -- Lundin Petroleum, through its wholly owned subsidiary Lundin Norway, has completed the drilling of wildcat well 6405/12-1 on PL584 and came up dry.
News
December 30, 2014
LYSAKER, Norway -- Magseis has entered into a final contract with Chevron North Sea for seabed seismic acquisition in the UK sector of the North Sea using the company’s proprietary MASS system and the Artemis Athene.
News
December 30, 2014
HAMILTON, Bermuda -- Seadrill has exercised a purchase option for the West Polaris, a 6th generation ultra-depwater drillship, from Ship Finance International.
News
December 29, 2014
HOUSTON (Bloomberg) -- U.S. oil drillers, facing the lowest crude prices in five years and rising competition from suppliers abroad, reduced the number of rigs to an eight-month low.
News
December 29, 2014
MOSCOW (Bloomberg) -- Russia may consider a rebate program to help service providers replace aging oil and gas rigs as U.S. and European sanctions bar technology imports, according to two government officials. The Energy Ministry proposed the state offer subsidized loans and cash bonuses for rigs older than 25 years to companies buying domestically manufactured rigs, according to the people, who asked not to be identified because the recommendation isn’t public yet.
News
December 29, 2014
ALBERTA, Canada -- Wentworth Resources has completed the drilling operations of the Tembo-1 well in the Rovuma onshore block, Mozambique and a natural gas discovery has been made in Cretaceous aged sands.
News
December 29, 2014
BROWNSVILLE, Texas -- Keppel AmFELS, a wholly-owned subsidiary of Keppel Offshore & Marine, has won a contract valued at over $100 million to build one of the world's largest land drilling rigs for a major operator.
News
December 26, 2014
ST PETER PORT, Guernsey -- Chariot Oil & Gas has reported that the farm-out signed between its wholly owned subsidiary, Chariot Oil & Gas Investments (Morocco) and a wholly owned subsidiary of Woodside, has been approved for the Rabat Deep Offshore permits I-VI by the Moroccan authorities.
News
December 24, 2014
HOUSTON (Bloomberg) -- Offshore oil-drilling contractors, who last year were able to charge record rates for their vessels, are now under pressure to scrap old rigs at an unprecedented pace.
News
December 23, 2014
Houston -- BPZ Energy has initiated production from the Corvina CX15-14D development well located in Peru.
News
December 23, 2014
STOCKHOLM, Sweden -- Lundin Petroleum, through its wholly owned subsidiary Lundin Norway, has completed the drilling of wildcat well 33/2-1 on PL555.
News
December 22, 2014
STAVANGER, Norway -- Statoil has received consent from the Petroleum Safety Authority (PSA) to use Scarabeo 5 drilling facility for plugging and production drilling of wells in the Norwegian Sea.
News
December 22, 2014
STAVANGER, Norway -- Lundin Petroleum has received consent from Petroleum Safety Authority (PSA) to carry out exploration drilling of appraisal well 16/4-9 S in a prospect named Luno II, in the central North Sea, to investigate the discovery's potential.
News
December 22, 2014
LIMERICK, Ireland -- Circle Oil has made a significant gas discovery following the preliminary results of drilling of the well KSR-12 in the Sebou Permit, onshore Morocco.
News
December 19, 2014
HOUSTON – Oilfield services giant Halliburton has issued a memorandum to its suppliers, asking for a 25% discount effective immediately. The vendors must confirm the discount no later than Dec. 31, 2014.
News
December 18, 2014
HAMRIYAH, United Arab Emirates -- Lamprell has completed construction of a further jackup rig, the Shuwehat, and delivered it to Abu Dhabi’s National Drilling Company (NDC).
