Archive | Global and Regional Markets

Pacific Drilling integrates ‘disruptive’ DGD technology into 7th-generation drillship

Posted on 16 April 2014 in Completing the Well, Drilling It Safely, Global and Regional Markets, News

A disruptive technology is one that “gets its start away from the mainstream of a market and, then, as its functionality improves over time, invades the main market,” as defined by Harvard…

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Drydocks World to build 450-ft rated CJ 54 jackups

Posted on 16 April 2014 in Global and Regional Markets, News

Drydocks World has signed an agreement with Malta Oil & Gas for the construction of two jackups based on the Gusto MSC CJ54-X135-A design. The agreement was signed by His…

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KCA Deutag awarded its first Canadian contract for Hebron Project

Posted on 14 April 2014 in Global and Regional Markets, News, The Offshore Frontier

KCA Deutag has entered into the offshore Canadian drilling sector following the award of its first contract in Canada with ExxonMobil Canada Properties. KCA Deutag was awarded…

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Statoil makes oil, gas discovery in the Valemon Nord prospect

Posted on 11 April 2014 in Global and Regional Markets, News, The Offshore Frontier

Statoil has together with the Valemon Unit partners made a gas and oil discovery in the Valemon Nord prospect in the North Sea. The discovery wells 34/10-54 S and 34/10-54 A…

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UMW: New academy trains diverse talents with varying backgrounds

Posted on 09 April 2014 in Drilling It Safely, Global and Regional Markets, News

For Abdul Samad Yusof, Head of UMW Drilling Academy, an understanding of where trainees come from is essential if one is to be able to teach them effectively, particularly…

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Linking personnel wellness to HSE: A healthier workforce is a safer workforce

Posted on 09 April 2014 in Drilling It Safely, Global and Regional Markets, News

Whereas responsibilities for employee safety and employee health within a drilling company typically fall to separate departments – generally the HSE department for the former…

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HSE program identifies, trains ‘influencers’ to be champions for change

Posted on 09 April 2014 in Drilling It Safely, Global and Regional Markets, News

After 20 years of staggering growth, mostly through acquisitions, Weatherford had become a company with more than 300 different management systems within the organization…

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Preemptive, tailored planning key to well control risk management

Posted on 09 April 2014 in Drilling It Safely, Global and Regional Markets, News

“Prevention is better than cure” is an ancient saying, but it still applies as well today as it ever did, especially when it comes to well control. “It’s in everyone’s interest…

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PTTEP makes its first investment in Brazil deepwater

Posted on 09 April 2014 in Global and Regional Markets, News, The Offshore Frontier

A subsidiary of Thailand’s PTTEP has signed a farm-in agreement with BG E&P Brasil for four predominantly deepwater blocks, marking PTTEP’s initial foray into South American…

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Trend analysis, cross-audits part of safety management system under Keppel’s WSH 2018 vision

Posted on 09 April 2014 in Drilling It Safely, Global and Regional Markets, News

Four key strategic thrusts – framework, system, ownership and partnerships – are driving sustained safety improvements under Keppel Corp’s “Workplace Safety and Health 2018”…

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