Archive | May/June

Kids find joy in oil and gas

Posted on 04 May 2011 in 2011, Departments, May/June

“I never knew my Barbie came from petroleum,” the little girl wrote in amazed wonder. Likewise, the little boy…

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A year after Macondo: the New World of drilling

Posted on 04 May 2011 in 2011, Features, May/June

“Much more stringent regulations and a more lengthy permit time – those are foregone conclusions. That’s part of the new normal … and the new normal won’t look anything like the old normal,” Gary Luquette, president of Chevron North America E&P, said…

Tide is turning on offshore drilling: Drilling contractors prepare for anticipated rise in activity, dayrates with newbuild orders

Posted on 04 May 2011 in 2011, Features, May/June

The tide is turning for offshore drilling. An outlook that six months ago was on a flat-to-downward trajectory is showing what many in the industry believe…

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Recent Drilling News

  • 20 October 2014

    Ocean Rig awarded extensions for two ultra-deepwater drillships

    Ocean Rig has been awarded extensions for its two ultra-deepwater drillships, the Ocean Rig Corcovado and the Ocean Rig Mykonos by Petrobras for drilling offshore Brazil…

  • 16 October 2014

    BG Group appoints Helge Lund as CEO; Statoil appoints Eldar Sætre as acting President and CEO

    "It has been a privilege to lead Statoil during 10 very exciting years,” Mr Lund said. “Together we have created values for Statoil’s shareholders and the society…

  • 15 October 2014

    Eni signs two PSCs for offshore exploration in Vietnam

    Eni has signed two production-sharing contracts (PSCs) with Petrovietnam for the exploration of blocks 116 and 124, located off the coast of Vietnam…

  • 13 October 2014

    OneSubsea awarded contract for PEMEX Lakach deepwater development

    OneSubsea, a Cameron and Schlumberger company, has been awarded a subsea production systems contract totaling more than $270 million for the Lakach deepwater project…

  • 08 October 2014

    Shell starts oil production from Gumusut-Kakap deepwater platform in Malaysia

    Shell has started oil production from the Gumusut-Kakap floating platform off the coast of Malaysia, the latest in a series of Shell deepwater projects...

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