Archive | Global and Regional Markets
Drilling optimization enhances development of harsh-environment East Shetland fields
Posted on 12 July 2010 in Global and Regional Markets, July/August
New operator in the North Sea EnQuest PLC, which acquired Petrofac Energy Developments Ltd, faced a daunting first drilling project in the northern-most reaches of the…
NPD: Norway looks to natural gas, increased exploration, EOR techniques to boost production
Posted on 12 July 2010 in Global and Regional Markets, July/August
Norwegian oil production may have been on the downslide since the early 2000s, but the country is confident it can make up for that decline by boosting production of…
North Sea discoveries: UK’s Tybalt, Catcher, Norway’s Draupne, Beta among hot prizes
Posted on 12 July 2010 in Global and Regional Markets, July/August
These are tough times for the North Sea. Even though oil prices are reasonably buoyant, the situation for natural gas is less positive. Coupled with multiple impacts from the…
Maersk: Helping operators get the max out of modern rig fleet to be focus in 2010
Posted on 12 July 2010 in Features, Global and Regional Markets, July/August
Providing another take on the Norwegian drilling market is Martin Fruergaard, Maersk Drilling vice president and chief commercial officer. He believes that the drilling market in Norway has seen only a limited…
Seadrill: With Statoil active again, Norwegian market looking up for 2010
Posted on 12 July 2010 in Features, Global and Regional Markets, July/August
In the Norwegian segment of the European drilling market, Statoil is a true giant. If it stamps one foot, the whole region will shake and tumble. In late 2008, when recession hit the global economy…
Interview with Tony Marszalek, president of Schlumberger Italiana, at IADC World Drilling 2010 in Budapest
Posted on 18 June 2010 in Global and Regional Markets, Innovating While Drilling, Videos
Asia Pacific jackup, tender markets on the mend: Activities picking up, but no boom yet
Posted on 30 April 2010 in 2010, Features, Global and Regional Markets, May/June
Like most of the rest of the world, the Asia Pacific drilling market has had it rough since the global recession began. Discretionary expenditures at many oil companies were hammered, leading to the cancellation or delay of many…
Indonesian 2-well UBD campaign cuts reservoir damage and more in marginal heavy-oil field
Posted on 30 April 2010 in 2010, Global and Regional Markets, May/June
The oil from the Ngimbang Carbonate reservoir in Sepanjang Island, East Java, Indonesia, is composed mostly of heavy black oil with a pour point of…
CNPC reorganizes into eight integrated service companies, seeking international market
Posted on 30 April 2010 in 2010, Global and Regional Markets, May/June
Surviving in a fluctuating market remains China National Petroleum Company’s (CNPC) main reason for reorganizing in 2008. Emerging with eight new drilling and service…
Mexican, South American fortunes sway with the global tide
Posted on 24 March 2010 in 2010, Features, Global and Regional Markets, March/April
Like many oil and gas regions of the world, and the many companies that operate in them, Mexico and many South American countries are not immune to the effects of the global economic downturn…
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