Archive | Global and Regional Markets

The boom Down Under

Posted on 22 April 2014 in 2014, CurrentFeatures, Global and Regional Markets, May/June

Australian coal seam gas (CSG) drilling is moving into a period of rapid development. With three LNG projects nearing completion, the country is in the midst of an onshore…

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Noble names Steven Manz as Senior VP And CFO of Paragon Offshore

Posted on 22 April 2014 in Global and Regional Markets, News

Steven A. Manz will serve as Senior VP and CFO of Noble Corp’s spinoff company Paragon Offshore, a standard specification offshore drilling company, Noble announced today…

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Shell makes deepwater gas discovery offshore Malaysia

Posted on 17 April 2014 in Global and Regional Markets, News, The Offshore Frontier

Shell has made an exploration discovery offshore Malaysia in the Rosmari-1 well located 135 km offshore Malaysia in Block SK318. The well was drilled to a total depth of 2,123…

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Ensco orders new jackups from Lamprell

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

Ensco has ordered two high-specification jackups, ENSCO 140 and ENSCO 141, for delivery in mid-2016 from Lamprell’s shipyard in the United Arab Emirates. The rigs will also…

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MPD/UBD successfully drills sidetrack after 6 failed conventional drilling attempts

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

In the Brookeland Field in East Texas, conventional drilling methods failed in six attempts to drill a “straightforward” horizontal wellbore. The original well had surface casing installed…

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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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