Archive | Global and Regional Markets

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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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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