Archive | Global and Regional Markets

Statoil sanctions Julia development in GOM with ExxonMobil, pushes ahead with Logan

Posted on 15 May 2013 in Global and Regional Markets, News, OTC, The Offshore Frontier

Pursuing further growth in its US offshore portfolio, Statoil has sanctioned its fourth field development in the Gulf of Mexico…

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PETRONAS: NOCs expand globally with increasing autonomy, financial strength

Posted on 15 May 2013 in Global and Regional Markets, News, OTC

National oil companies (NOCs) continue to assume an increasingly meaningful role in the oil and gas industry…

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50% of total production to be pre-salt by 2020, Petrobras says

Posted on 15 May 2013 in Global and Regional Markets, News, OTC, The Offshore Frontier

Recounting Petrobras’ history in presalt activities so far, Carlos Tadeu da Costa Fraga, executive manager for Petrobras, shared the company’s..

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BSEE conducts deployment exercise of Helix capping stack system

Posted on 30 April 2013 in Global and Regional Markets, News, The Offshore Frontier

The US Bureau of Safety and Environmental Enforcement (BSEE) today launched an unannounced exercise to deploy…

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North American operators find value in Shale Performance Review

Posted on 29 April 2013 in Drilling It Safely, Global and Regional Markets

A group of North American shale well operators reached a one-year milestone earlier this year with the “Shale Performance…

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Shell reservoir characterization project proves UBD value beyond drilling

Posted on 25 April 2013 in Global and Regional Markets, Innovating While Drilling, News

A successful underbalanced drilling (UBD) reservoir characterization campaign in southern Oman…

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Hunt: US, Caribbean nations must continue collaboration on spill response planning

Posted on 25 April 2013 in Drilling It Safely, Global and Regional Markets, News

Deepwater E&P is ramping up worldwide, and the Caribbean is following suit. Exploration plans for…

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Report: Asia Pacific deepwater expenditure to nearly double by 2017

Posted on 24 April 2013 in Global and Regional Markets, News, The Offshore Frontier

A study of offshore E&P in Asia Pacific, unveiled at the Asia Offshore Technology Conference in Singapore on 16 April…

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Chevron completes 3 wells in deepwater GOM with multi-zone completion technology

Posted on 23 April 2013 in Global and Regional Markets, Innovating While Drilling, News, The Offshore Frontier

Chevron has successfully completed three wells in the Lower Tertiary in deepwater Gulf of Mexico (GOM)…

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Drilling costs at top of economic factors for geothermal projects

Posted on 15 April 2013 in Global and Regional Markets, News

No longer the “forgotten resource,” geothermal energy is seeing double-digit growth globally, while in the US, the decision by Congress to extend the geothermal tax credit…

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