Archive | Global and Regional Markets
Survey reveals contractors’ employee benefits status, highlights opportunities for improvement
Posted on 03 November 2009 in 2009, Global and Regional Markets, July/August
Balancing the need to control benefit plan costs and the need to provide value to employees is a challenge. In times of uncertainty, the struggle…
Norwegian PSA tracks negative trend in attitudes toward safe lifting, urges radical change
Posted on 03 November 2009 in 2009, Drilling It Safely, Global and Regional Markets, IADC: Global Leadership, Global Challenges, July/August
Change was the winning slogan in the recent US presidential election. In the same way, a willingness to adapt and think anew is essential for reducing risk…
ADCO develops high-profile HSE visits as efficient tool to demonstrate management commitment
Posted on 02 November 2009 in 2009, Global and Regional Markets, September/October
As a result of the significant efforts being undertaken by Abu Dhabi Company for Onshore Oil Operations (ADCO) drilling division and its contractors to…
IADC enhances accreditation, operations initiatives to support Middle East HSE, training, drilling
Posted on 02 November 2009 in 2009, Global and Regional Markets, September/October
For more than a decade, IADC has maintained a strong presence in the Middle East. Not satisfied with past successes, however, the association and its members…
TOTAL aims for ‘routine’ deepwater drilling in West Africa
Posted on 30 October 2009 in 2008, Global and Regional Markets, September/October, The Offshore Frontier
By Jeremy Cresswell, contributing editor The name TOTAL is synonymous with West Africa, and for sure the region ranks as the French group’s number one theater of activity. Moreover, the company has an excellent exploration track record and reputation as a technology frontier buster when it comes to developing discoveries. While many of the headlines [...]
Africa’s Atlantic Frontier: an E&P review
Posted on 30 October 2009 in 2008, Global and Regional Markets, September/October
By Jeremy Cresswell, contributing editor Africa is always in the headlines. The stories are rarely positive, and that’s a terrible shame given the extraordinary richness and diversity of this vast continent. But this review is a positive story, and our first stopping point is Mauritania. From Mauritania in the north through “Golden Crescent” states like [...]
Geothermal drilling market heats up
Posted on 30 October 2009 in 2008, Global and Regional Markets, Innovating While Drilling, Onshore Advances, September/October
by Linda Hsieh, Assistant Managing Editor As oil prices reach unheard-of highs in the $140/bbl range, energy sources that have historically been considered too expensive to produce economically are getting new leases on life. Many such energy sources, like wind and solar, tend to reside far outside the realm of the oil and gas drilling [...]
Geothermal holds potential for new energy – and for new drilling
Posted on 30 October 2009 in 2008, Global and Regional Markets, Innovating While Drilling, July/August, Onshore Advances
By Linda Hsieh, assistant managing editor Like many renewable energy sources, geothermal carries substantial potential for powering the world in an environmentally friendly way. However, also like many renewable energy sources, geothermal remains unable to evolve into a fully viable alternative to oil or natural gas. The late 1970s and early ’80s saw rapid growth [...]
New NELP licensing round to push India’s deepwater ambiitions, need for deepwater rigs
Posted on 30 October 2009 in 2008, Global and Regional Markets, July/August
After three extensions, the bid deadline for the seventh round of India’s New Exploration Licensing Policy (NELP) is now set for 30 June 2008. A total of 57 blocks have been offered for bidding, including 29 onshore blocks, nine shallow-water blocks and 19 deepwater blocks. Announced in December 2007, NELP VII has been heavily promoted [...]
PV Drilling building new rigs as it eyes Vietnams expanding E&P market, exploration successes
Posted on 30 October 2009 in 2008, Global and Regional Markets, July/August, The Efficient Rig, The Offshore Frontier
By Linda Hsieh, assistant managing editor Vietnam-based PV Drilling is gearing up to be a serious offshore player – just in time, since Vietnam is gearing up for some serious offshore drilling. Just six years ago, PV Drilling – or Petrovietnam Drilling and Well Services Corp – was a company providing small-scale services such as [...]
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