Drilling
News
April 07, 2017
The Norwegian Petroleum Directorate has granted Statoil Petroleum AS a drilling permit for well 7121/8-1, cf. Section 8 of the Resource Management Regulations.
News
April 07, 2017
The Norwegian Petroleum Directorate has granted Aker BP ASA a drilling permit for well 24/9-11 S, cf. Section 8 of the Resource Management Regulations.
News
April 07, 2017
President Donald Trump is preparing to issue an executive order with the goal of giving oil companies more opportunities to drill offshore, reversing Obama-era policies that restricted the activity.
News
April 06, 2017
Lamprell, a provider of fabrication, engineering and contracting services to the energy industry, is pleased to announce the completion of the Shelf Drilling Krathong jackup drilling rig and its delivery to Shelf Drilling Ltd., on schedule and within budget.
News
April 06, 2017
Cairn has announced the results of the VR-1 well offshore Senegal. Rig performance continues to be excellent and operations have been safely and successfully completed ahead of schedule and under budget following the drilling and logging operations.
News
April 05, 2017
Rosneft started drilling of the Tsentralno-Olginskaya-1 well at the Khatangsky license area. The well is the northernmost at the Russian Arctic shelf. Russian President Vladimir Putin launched exploration drilling via video link-up with Rosneft CEO Igor Sechin who was on the shore of the Khatanga bay.
News
April 05, 2017
Seadrill Ltd., once the crown jewel of billionaire John Fredriksen’s business empire, is now at the mercy of short-term speculators as the biggest funds avoid the offshore driller amid a struggle to avoid bankruptcy.
News
April 05, 2017
Patterson-UTI Energy reported today the company had an average of 88 drilling rigs operating in the U.S. and two rigs in Canada for the month of March 2017.
News
April 03, 2017
Qatar Petroleum plans to start a new development in the offshore North field, ending a 12-year ban on new projects that allowed the company to assess how its current rate of extraction affects the giant reservoir it shares with Iran.
News
March 31, 2017
Oil production in West Texas is about to outgrow pipeline capacity, a combination that knocked down crude prices in the region three years ago.
News
March 30, 2017
Paradigm released Paradigm 17 software suite, running on an expanded high-definition platform. This release aims at ensuring that investments in data acquisition result in added value to drilling, completion and production.
News
March 29, 2017
Nido Petroleum Limited, on behalf of the Galoc JV partners, has advised that the drillship Deepsea Metro I has commenced mobilization from Labuan, Malaysia, to the Galoc-7/7ST well location in Block C1 of Service Contract 14, offshore the Republic of the Philippines.
News
March 28, 2017
The Norwegian Petroleum Directorate has granted Lundin Norway AS a drilling permit for well 7220/11-4, cf. Section 8 of the Resource Management Regulations.
News
March 28, 2017
When an angry mob torched City Hall in the southern Mexican town of Tecpatan last month, it sent a warning flare across a country already thrown into turmoil by Donald Trump.
News
March 27, 2017
BP announced another gas discovery in the North Damietta Offshore Concession in the East Nile Delta, Egypt.
News
March 24, 2017
Statoil Petroleum AS, operator of Gimle Unit and production licence 193, has completed the drilling of wildcat well 34/10-55 S.
News
March 23, 2017
Eni has successfully drilled the Amoca-2 well in the shallow waters of Campeche Bay, offshore Mexico, confirming the presence of oil in multiple reservoirs.
News
March 23, 2017
Statoil has received consent to drill exploration well 7121/8-1 in production licence 849. The well is to be drilled in a prospect named Blåmann.
News
March 21, 2017
For CIPPE 2017 Gold Award, the review committee consists of Chinese academy of sciences and Chinese academy of engineering academicians, and authoritative experts from CNPC, Sinopec and CNOOC. With strict evaluation for innovative products and technologies from well-known drilling companies, the committee has selected the Smart Driller Indicator (SDI), developed by Strategy and Planning Institute from CNPC DR, as the final winner, due to its unique innovation and superior drilling performance in the intelligent drilling field.
News
March 02, 2017
Billionaire John Fredriksen and his former top adviser Tor Olav Troim may not see eye to eye anymore, but they agree on this: it’s time to buy offshore rigs again.
News
March 20, 2017
Borr Drilling has announced the signing of a Letter of Intent with Transocean for the acquisition of 15 high-specification jackup rigs.