Archive | Global and Regional Markets

Seadrill secures contract for jackup West Freedom

Posted on 11 July 2013 in Global and Regional Markets, News, The Offshore Frontier

Seadrill has secured a new contract for the West Freedom, an LT-Super 116E jackup, offshore Venezuela with Cardon IV Venezuela, an ENI SpA and REPSOL joint venture…

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Momentum builds for energy policy reform in Mexico

Posted on 10 July 2013 in Global and Regional Markets, News

A changing political climate in Mexico has opened up opportunities for energy policy reform that could provide more economic incentives for international oil…

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Rig Briefs: Maersk jackup wins contract, Transocean drillship sets record offshore India

Posted on 10 July 2013 in Global and Regional Markets, News, The Offshore Frontier

Maersk Drilling has been awarded a contract from DONG Energy for the Maersk Resolve jackup for drilling…

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E&P briefs: Statoil assumes operatorship in Eagle Ford, Chesapeake selling shale assets

Posted on 10 July 2013 in Global and Regional Markets, News, The Offshore Frontier

Statoil has assumed operatorship for all activities in the eastern part of its Eagle Ford asset in Texas…

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Petrobras sets pre-salt production record

Posted on 03 July 2013 in Global and Regional Markets, News, The Offshore Frontier

On 18 May, Petrobras set a new pre-salt production record, with output of 322,100 barrels of oil per day (bpd), 11,000 bpd up on the previous record of 311,500 bpd…

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Baker Hughes’ new gravel-pack, frac-pack system completes job in Gulf of Mexico

Posted on 28 June 2013 in Global and Regional Markets, Innovating While Drilling, News

Baker Hughes recently performed the first commercial frac-pack job with the SC-XP system in the Gulf of Mexico…

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2nd OSRL capping system delivered to Singapore base

Posted on 26 June 2013 in Drilling It Safely, Global and Regional Markets, News, The Offshore Frontier

Oil Spill Response Ltd (OSRL) unveiled the Subsea Well Intervention Service (SWIS) at its new facility in Singapore…

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EIA report: North American growth helps boost global oil production to record levels

Posted on 26 June 2013 in Global and Regional Markets, News

The Middle East still ranked as the world’s No. 1 crude oil producer in 2012, but growth in North American crude…

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Maersk Drilling: Angola and Nigeria are focal points in strong West African market

Posted on 26 June 2013 in Global and Regional Markets, News, The Offshore Frontier

Significant development campaigns, particularly in Angola and Nigeria, continue to drive aggressive growth in…

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Rig briefs: Atwood orders new drillship, KCA Deutag wins new contracts

Posted on 26 June 2013 in Global and Regional Markets, News, The Offshore Frontier

An Atwood Oceanics subsidiary has entered into a turnkey construction contract with Daewoo Shipbuilding and…

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