Archive | Global and Regional Markets

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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Petrobras signs contracts for 9 drillships, final phase in Sete Brasil’s 21-rig order

Posted on 13 August 2012 in Global and Regional Markets, News, The Offshore Frontier

Petrobras has signed contracts with Sete Brasil, Odebrecht and Etesco to charter and operate nine drillships…

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Exclusive video: Honghua Group taps shale gas, offshore rig markets

Posted on 09 August 2012 in Global and Regional Markets, News, The Offshore Frontier, Videos

DC editor and publisher Mike Killalea visited the headquarters of Honghua Group in Chengdu, China…

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Petrobras signs 15-year contracts for 12 rigs for pre-salt

Posted on 09 August 2012 in Global and Regional Markets, News, The Offshore Frontier

Petrobras has signed chartering and operation contracts with Sete Brasil, Queiroz Galvão, Petroserv, Odebrecht, Odfjell and Seadrill for…

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Keppel to build 5 more DSS 38E semis for Sete Brasil

Posted on 09 August 2012 in Global and Regional Markets, News, The Efficient Rig, The Offshore Frontier

Keppel Offshore & Marine (Keppel O&M), through its subsidiary Fernvale, has secured contracts with Sete Brasil Participações SA…

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Record increases in US crude oil, natural gas reserves in 2010

Posted on 09 August 2012 in Global and Regional Markets, News, Onshore Advances

US proved crude oil and natural gas reserves achieved record annual volumetric increases in 2010 according to a new report by the US Energy Information Administration…

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