Drilling
News
September 26, 2019
Subsea UK, the International Association of Drilling Contractors Brazil chapter and Subsea World Brazil magazine have worked in partnership to develop the Subsea & Drilling Brazil conference. The first of its kind event focusing solely on the subsea and drilling industries in Brazil is set to take place from 28 – 29 November in Rio de Janeiro.
News
September 26, 2019
Australia’s offshore petroleum regulator is due to decide by Nov. 14 whether to approve Equinor's plan to drill exploration wells in the Great Australian Bight. Environmentalists argue that it makes no sense to drill in the notoriously rough waters of a unique marine environment while fossil fuels are rapidly being eclipsed by renewable energy.
News
September 24, 2019
ADNOC plans to grow its conventional drilling activity by 40% by 2025 and substantially ramp up the number of its unconventional wells, as it targets an increase in oil production capacity to 4 MMbpd by the end of 2020 and 5 MMbpd by 2030.
News
September 24, 2019
Transocean announced that two of its indirect, wholly-owned subsidiaries will relinquish their respective interests in two drillships under construction to Samsung Heavy Industries Co., Ltd.
News
September 23, 2019
This new technology eliminates the need for traditional explosive charges and chemicals, resulting in improved safety and easier transportation. Each cutting operation requires minimal surface equipment to enable faster deployment from any wireline unit.
News
September 23, 2019
Medco’s strategy is based on the view that a dearth of exploration and strong aviation and petrochemical demand will push crude prices above $100/bbl in a decade or so.
News
September 18, 2019
Schlumberger introduced the Ora intelligent wireline formation testing platform, leveraging a new architecture and metrology for enhanced performance, enabling dynamic reservoir characterization in all conditions, including where previously impossible.
News
September 13, 2019
The objective of the Etame 9P appraisal wellbore is to test the Dentale reservoirs beneath the Etame field. VAALCO estimates that there could be up to 4.6 MM gross barrels of recoverable oil present in the Dentale reservoirs.
News
September 13, 2019
Offshore drilling executives are trying to win back investors who have fled their stocks over the past year, insisting that a protracted recovery is gaining momentum.
News
September 12, 2019
GoExpedi has collaborated with Ensign, a leading global drilling company, to provide Ensign’s fleet of drilling rigs with an innovative new technology tool that will significantly enhance its supply chain capability to support their 24/7 drilling operations.
News
September 09, 2019
Baker Hughes announced that their international rig count for August 2019 was 1,138, down 24 from the 1,162 counted in July 2019, and up 130 from the 1,008 counted in August 2018.
News
September 06, 2019
The move signals Dolphin Drilling’s commitment to the North Sea at a time of increasing optimism for the drilling industry, with the announcement of the Aberdeen headquarters at the existing Howe Moss Drive site marking the beginning of a bright future for the company following significant investment from a U.S.-based private equity firm.
News
September 04, 2019
Sonadrill, Seadrill Limited’s 50:50 joint venture with an affiliate of Sonangol, has secured a nine well contract with six options, each for one well, in Angola for the Libongos drillship.
News
September 04, 2019
TWMA has seen a recent shift in the North Sea to companies choosing to process drilling waste offshore. Applying a TCC RotoMill offshore processing solution allows recovered oil from the drill cuttings to be recycled back into the active mud system, resulting in significant cost savings.
News
September 02, 2019
Maersk Drilling has entered into a contract with Petrogas North Sea to drill an appraisal well at the Birgitta field in the central part of the UK North Sea.
News
August 30, 2019
This FPSO is a significant component of the Liza Phase 1 development, which involves four undersea drill centers with 17 wells.
News
August 28, 2019
RigNet has signed a multi-year agreement with Borr Drilling, a global offshore drilling contractor, to exclusively provide enhanced managed communication services on all of their new jack-up rigs.
News
August 20, 2019
Equinor and partners OMV and Petoro have made an oil discovery in the Sputnik exploration well in the Barents Sea. Recoverable resources are preliminarily estimated at 20-65 MMboe.
News
August 16, 2019
Seadrill and Gulf Drilling International have entered into a 50:50 joint venture, GulfDrill, which will initially manage and operate five premium jackups in Qatar with Qatar Petroleum commencing throughout 2020.
News
August 14, 2019
Vantage Drilling reported net income of $590.7 million for the second quarter of 2019, thanks to payments of more than $700 million by Petrobras for terminating drilling vessel contracts.
News
March 02, 2018
U.S. oil explorers raised the rig count to 800 for the first time in almost three years amid booming domestic and overseas demand for crude and petroleum-based fuels.
