Archive | Global and Regional Markets

Eni makes new discovery in Mozambique

Posted on 01 August 2012 in Global and Regional Markets, News, The Offshore Frontier

Eni has made a new giant natural gas discovery in the eastern part of Area 4, offshore Mozambique, at the Mamba North East 2 exploration prospect…

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Seadrill secures $4 billion commitment on three ultra-deepwater units

Posted on 26 July 2012 in Global and Regional Markets, News, The Offshore Frontier

Seadrill has received a commitment from a major oil company for contracts on ultra-deepwater newbuild…

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Shell signs offshore deals with CNOOC and CNPC

Posted on 25 July 2012 in Global and Regional Markets, News

Shell has signed two offshore oil and gas production sharing contracts with CNOOC and CNPC for a new development phase for the Changbei gas field in China…

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China looks to unconventionals development, technology breakthroughs

Posted on 17 July 2012 in Global and Regional Markets, Innovating While Drilling, News

With a goal to produce 6.5 billion cu meters of shale gas per year by 2015, Chinese energy companies are…

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Century of unconventional gas to require knowledge sharing, transfer

Posted on 17 July 2012 in Global and Regional Markets, News

The importance of sharing knowledge and experiences in unconventional oil and gas exploration and…

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Vantage Drilling uses new training tool to expand e-learning

Posted on 17 July 2012 in Drilling It Safely, Global and Regional Markets, IADC: Global Leadership, Global Challenges, News

Vantage Drilling Co is planning to roll out the IADC SkillSTICK technology for its entire rig fleet after implementing the device for the Titanium Explorer…

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Atwood Oceanics, KCA DEUTAG and Noble Corp secure contracts for rigs, drilling services

Posted on 17 July 2012 in Global and Regional Markets, News

Atwood Oceanics, KCA DEUTAG and Noble Corp recently were awarded contracts for their rigs and drilling services…

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Statoil makes gas, condensate discovery in North Sea

Posted on 17 July 2012 in Global and Regional Markets, News

Statoil and its partner Total E&P Norge recently made a significant gas and condensate discovery in the King Lear prospect…

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Continuous circulation system keeps ECD steady on Kvitebjørn

Posted on 16 July 2012 in 2012, Global and Regional Markets, Innovating While Drilling, July/August

To construct new wells and continue production, Statoil decided to include the Continuous Circulation System (CCS) on the Kvitebjørn field of the North Sea…

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Offshore Europe: E&P revival drives rig demand

Posted on 16 July 2012 in 2012, Features, Global and Regional Markets, July/August, The Offshore Frontier

Despite the financial hardships rippling through the European economy, operators and drilling contractors continue to thrive in a reinvigorated offshore European drilling market that is supported by continued high oil prices and buoyed by new discoveries on old fields…

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