Archive | Global and Regional Markets

UBS analyst: North America to be energy independent by 2020

Posted on 13 September 2012 in Global and Regional Markets, News

North America is on the path to energy independence, and the US will reduce its reliance on OPEC oil to zero by the end of this decade, asserts Nicole Decker…

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PEMEX makes its first discovery in deepwater Gulf of Mexico

Posted on 30 August 2012 in Global and Regional Markets, News, The Offshore Frontier

PEMEX has made its first discovery of crude oil in deepwater Gulf of Mexico, which confirmed the existence of light crude oil in deepwater Gulf of Mexico…

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TWMA, operators in Norway coordinate efforts for offshore drilling waste management on NCS

Posted on 29 August 2012 in Global and Regional Markets, News, The Offshore Frontier

TWMA, a provider of specialized services for the international onshore and offshore oil and gas industry, has begun…

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Statoil to drill nine exploration wells in Barents Sea

Posted on 28 August 2012 in Global and Regional Markets, News, The Offshore Frontier

Statoil will drill nine wells during a non-stop 2013 Norwegian Barents exploration campaign, increasing its Arctic activities…

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Aker Solutions to deliver 6 drilling equipment packages to drillships in Brazil

Posted on 27 August 2012 in Global and Regional Markets, News, The Offshore Frontier

Aker Solutions has been awarded a contract to supply drilling equipment packages for six deepwater drillships..

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Petrobras makes oil discovery in ultra-deepwater in Sergipe-Alagoas Basin

Posted on 27 August 2012 in Global and Regional Markets, News, The Offshore Frontier

Petrobras has confirmed the presence of good quality oil and gas in the BM-SEAL-10 block…

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Permian Basin, East Texas provide initial fields for new-design land rig

Posted on 23 August 2012 in Global and Regional Markets, News, Onshore Advances, The Efficient Rig

Globe Energy Services has designed a five-axle land rig providing quick rig-up/rig-down operations, a mast with 116 ft of clearance and an adjustable…

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Helix Well Ops expands well intervention fleet for Europe, Africa

Posted on 23 August 2012 in Completing the Well, Global and Regional Markets, News

Helix Well Ops UK, a business unit of Helix Energy Solutions Group, is expanding its European and African well…

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Statoil looks to integration of multidisciplinary services to drive drilling efficiency

Posted on 23 August 2012 in Global and Regional Markets, Innovating While Drilling, News

Statoil has awarded Baker Hughes a contract to provide integrated drilling services for 25 fields on the…

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Petrobras completes appraisal well in Barra

Posted on 23 August 2012 in Global and Regional Markets, News, The Offshore Frontier

Petrobras has finished drilling the first appraisal well in the Appraisal Plan Area following the Barra discovery in the deep waters of the Sergipe-Alagoas Basin…

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