Archive | Global and Regional Markets

Mexican reform opens energy sector to investment, competition

Posted on 08 January 2014 in Global and Regional Markets, News

Mexico’s energy reform bill formally became a law on 21 December. PEMEX has controlled 100% of Mexico’s oil/gas market, allowing only compensation…

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Gas production begins from Juliet field in the North Sea

Posted on 08 January 2014 in Global and Regional Markets, News, The Offshore Frontier

Gas production has started from the Juliet field, a subsea development on the western flank of the southern gas basin, 24 miles (39 km) east of the…

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Call for abstracts for IADC-endorsed IPTC Kuala Lumpur

Posted on 08 January 2014 in Global and Regional Markets, IADC: Global Leadership, Global Challenges, News

The 8th edition of the International Petroleum Technology Conference (IPTC), a multidisciplinary technical event endorsed by IADC…

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BSEE dedicates $7 million to oil spill response research in 2014

Posted on 08 January 2014 in Drilling It Safely, Global and Regional Markets, News, The Offshore Frontier

The US Bureau of Safety and Environmental Enforcement (BSEE) is soliciting proposals for oil spill response research projects and will invest up to…

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P-55 semi platform starts up as part of Roncador Module 3 in Campos Basin

Posted on 08 January 2014 in Global and Regional Markets, News, The Offshore Frontier

Petrobras’ P-55 platform, one of the company’s strategic projects under its 2013-2017 Business and…

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Keppel FELS: Record 21 rigs delivered in 2013

Posted on 08 January 2014 in Drilling Rigs & Automation, Global and Regional Markets, News, The Offshore Frontier

Keppel FELS delivered ARABDRILL 60, a KFELS B Class jackup, to Arabian Drilling Co (ADC) five days ahead of schedule in December, on budget and with a…

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Malaysia’s Perisai orders third 400-ft jackup from PPL Shipyard

Posted on 07 January 2014 in Global and Regional Markets, News, The Offshore Frontier

PPL Shipyard, a subsidiary of Sembcorp Marine, has secured a repeat order to build a third Pacific Class 400 jackup worth US$211.5 million from Perisai Inc, a subsidiary…

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BP Norway extends contract for Maersk Reacher jackup

Posted on 06 January 2014 in Global and Regional Markets, News

Maersk Drilling has received a contract extension from BP Norway for the Maersk Reacher jackup by two years from September 2014 to September 2016. BP Norway holds options…

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Statoil makes oil, gas discovery in Askja prospects in North Sea

Posted on 02 January 2014 in Global and Regional Markets, News

Statoil, with PL272 partners, has made a gas discovery in the Askja West prospect and an oil discovery in the Askja East prospect in the North Sea. The exploration wells…

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Ensco takes delivery of newbuild jackup

Posted on 23 December 2013 in Drilling Rigs & Automation, Global and Regional Markets, News

Ensco has taken delivery of ENSCO 121, the second of four ultra-premium harsh environment jackup rigs in its ENSCO 120 Series. The rig is contracted to work in the North Sea…

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