Archive | Global and Regional Markets

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 Drilling Rigs & Automation, Global and Regional Markets, News, 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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