Archive | Global and Regional Markets

Plaisance: Escalating rig sizes may challenge growth of deepwater drilling

Posted on 30 October 2013 in 2013, Global and Regional Markets, November/December, The Offshore Frontier

Sixty years ago, Mr Charlie became industry’s first submersible drilling rig. It had 46 beds and was able to operate in up to 40 ft of water. That was…

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Taxes, costs dim Polish unconventionals, but optimism remains

Posted on 30 October 2013 in Global and Regional Markets, News

Two years ago, Poland promised a bright future for unconventionals, but today, high costs, government…

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European Commission: Public skepticism tops myriad challenges for shale gas prospects

Posted on 30 October 2013 in Drilling It Safely, Global and Regional Markets, News

Turning shale gas production into reality in Europe depends largely on geology, the market and, most importantly…

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Personnel, community drive Chevron’s European shale operations

Posted on 30 October 2013 in Global and Regional Markets, News, Onshore Advances

Chevron faces a multitude of critical issues as it pushes forward with shale exploration in Eastern Europe…

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Subsea drilling, well control among key themes at new Lloyd’s Register research center

Posted on 30 October 2013 in Global and Regional Markets, News

Lloyd’s Register Energy Drilling (LRED) opened its Global Technology Center (GTC) research lab and Academy Training Center in Singapore on 17 October. …

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Total begins oil production from Ekofisk South two months ahead of schedule

Posted on 28 October 2013 in Global and Regional Markets, News

Total has started production two months earlier than planned at Norway’s Ekofisk South platform, which is part of the Ekofisk field …

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PETRONAS Carigali, Baker Hughes join forces to boost production offshore Malaysia

Posted on 23 October 2013 in Global and Regional Markets, News

Baker Hughes received a long-term oilfield service agreement with PETRONAS Carigali for production offshore Malaysia. …

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Shell wins PSC for Libra pre-salt oil discovery offshore Brazil

Posted on 22 October 2013 in Global and Regional Markets, News, The Offshore Frontier

A consortium of companies, including Royal Dutch Shell, Petrobras, Total, CNPC and CNOOC, won a 35-year production sharing contract to develop the giant Libra pre-salt oil discovery…

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Cansco CEO: API Standard 53, competency programs vital to well integrity

Posted on 15 October 2013 in Drilling It Safely, Global and Regional Markets, News, Videos

API Standard 53 has raised the bar for industry to standardize BOP operating requirements and prioritize preventive maintenance…

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Flying high

Posted on 10 September 2013 in 2013, Features, Global and Regional Markets, July/August, Onshore Advances, The Offshore Frontier

Despite its perception as a mature market, Europe continues to yield valuable finds for those prepared to invest in new technologies and have a knack for capitalizing on smaller-prize discoveries…

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