Archive | Global and Regional Markets

Leading process safety KPIs enhance barrier management on NCS

Posted on 03 September 2014 in 2014, Drilling It Safely, Global and Regional Markets, September/October

“Personnel shall be aware of which barriers are not functioning or have been impaired.” This is the sentence wherein the Petroleum Safety Authority (PSA) Norway has…

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Noble Energy announces successes with Katmai, Dantzler wells in deepwater GOM

Posted on 03 September 2014 in Global and Regional Markets, The Offshore Frontier

Wireline logging in two Noble Energy wells in the deepwater Gulf of Mexico indicates a total of 154 net ft of crude oil pay was discovered in multiple reservoirs…

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Uncertainty reigns in new regime for risk, contract management

Posted on 29 August 2014 in 2014, Global and Regional Markets, September/October

As one of the oil and gas industry’s best-loved terms, “game-changer” ranks near the top of the list, typically signifying development of step-change technology…

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‘Additional insured’ coverage scope still evolving, still unclear

Posted on 29 August 2014 in 2014, Global and Regional Markets, September/October

While many policyholders may be consoled by the notion that additional insured coverage will be judged from the terms of an underlying service contract…

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Nurturing growth in Africa

Posted on 29 August 2014 in 2014, CurrentFeatures, Features, Global and Regional Markets, Onshore Advances, September/October, The Offshore Frontier

Come nightfall, the majority of people in sub-Saharan Africa are left in the dark. Nearly 600 million people – approximately 70% of the sub-Saharan Africa population – are without electricity, according to the World Health Organization and International Energy Agency…

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DNV GL launches interactive Arctic risk map

Posted on 28 August 2014 in Drilling It Safely, Global and Regional Markets, News

DNV GL has developed an interactive Arctic Risk Map to present the risks associated with offshore and maritime activities in the Arctic. The map aims to provide stakeholders…

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Vestigo Petroleum plans ‘manufacturing approach’ to marginal fields offshore Malaysia

Posted on 27 August 2014 in Global and Regional Markets, News, The Offshore Frontier

Vestigo Petroleum, a wholly owned subsidiary of Malaysian NOC Petronas Carigali, is about to put a tender out for its first rig on a first drilling program offshore…

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Repsol runs BlueDock connectors in Trinidad and Tobago

Posted on 18 August 2014 in Completing the Well, Global and Regional Markets, News, The Offshore Frontier

Repsol has recently run BlueDock connectors with elastomeric seals in Trinidad and
Tobago. The operation took place in the Arima 2 well on a jackup platform…

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Noble Energy signs agreement to explore offshore Gabon

Posted on 12 August 2014 in Global and Regional Markets, News, The Offshore Frontier

Noble Energy has signed a production-sharing contract (PSC) with Gabon government, covering Block F15 in the Gabon Coastal Basin. Under the terms…

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Opus Offshore selects DTI motion compensation for second set of Chinese drillships

Posted on 12 August 2014 in Global and Regional Markets, News, The Offshore Frontier

Drilling Technological Innovations (DTI) has been awarded a contract to provide motion compensation packages for the Tiger III and Tiger IV drillships…

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