Archive | Global and Regional Markets

Stable market pushes Asia Pacific rig demand

Posted on 19 April 2012 in 2012, Global and Regional Markets, May/June

Asia Pacific is a dynamic yet relatively stable drilling market, having successfully weathered the impact of negative global economic pressures since the 2008 credit crunch…

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Program chairman Joseph Reilly: Operation integrity is big theme at 2012 OTC

Posted on 17 April 2012 in Global and Regional Markets, News, OTC, The Offshore Frontier

Drilling Contractor recently spoke with ExxonMobil Upstream Research’s Joseph Reilly, who is program chairman…

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New dates announced for the IPTC in 2013, abstracts being accepted

Posted on 17 April 2012 in Drilling It Safely, Global and Regional Markets, News, The Efficient Rig

The sixth edition of the International Petroleum Technology Conference (IPTC) will be held 26-28 March 2013 in Beijing, China…

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Petrobras’ extension well confirms discovery in pre-salt of Santos Basin

Posted on 17 April 2012 in Global and Regional Markets, News, The Offshore Frontier

Petrobras has completed drilling extension exploratory well 3-BRSA-1032-RJS (3-RJS-697), located in the Iara…

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Eni signs production sharing contract with CNOOC

Posted on 17 April 2012 in Global and Regional Markets, News, The Offshore Frontier

Eni and China National Offshore Oil Corporation (CNOOC) signed a production sharing contract on 11 April…

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US Steel Tubular Products to open Innovation & Technology Center for industry customers

Posted on 27 March 2012 in Global and Regional Markets, News

U.S. Steel Tubular Products (USS) will open the Innovation & Technology Center at its Houston offices on 28 March…

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Houston college, university programs give students an edge into industry

Posted on 19 March 2012 in Drilling It Safely, Global and Regional Markets, News, Videos

As the industry continues to expand, these institutions recognize the demand and opportunity to provide…

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People, infrastructure challenge Brazil growth

Posted on 15 March 2012 in 2012, Features, Global and Regional Markets, March/April

The offshore drilling industry has seen exponential activity growth in Brazil, and it’s all about deepwater and the pre-salt. In particularly high demand is rig equipment that can go deeper…

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Repsol discovers one of Campos’ thickest hydrocarbons columns to date

Posted on 12 March 2012 in Global and Regional Markets, News

Repsol Sinopec Brasil recently made a new oil discovery in the Campos Basin offshore Brazil…

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Statoil’s Zafarani exploration well a success in East Africa

Posted on 24 February 2012 in Global and Regional Markets, News, The Offshore Frontier

Statoil has encountered indications of natural gas in the Zafarani exploration well…

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