Archive | The Offshore Frontier

Keppel FELS: Record 21 rigs delivered in 2013

Posted on 08 January 2014 in Drilling Rigs & Automation, Global and Regional Markets, News, The Offshore Frontier

Keppel FELS delivered ARABDRILL 60, a KFELS B Class jackup, to Arabian Drilling Co (ADC) five days ahead of schedule in December, on budget and with a…

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Malaysia’s Perisai orders third 400-ft jackup from PPL Shipyard

Posted on 07 January 2014 in Global and Regional Markets, News, The Offshore Frontier

PPL Shipyard, a subsidiary of Sembcorp Marine, has secured a repeat order to build a third Pacific Class 400 jackup worth US$211.5 million from Perisai Inc, a subsidiary…

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BP makes discovery at Gila prospect in GOM

Posted on 18 December 2013 in Global and Regional Markets, News, The Offshore Frontier

BP, with co-venturer ConocoPhillips, has discovered oil at the Gila prospect in the deepwater Gulf of Mexico (GOM). This is BP’s third discovery and ConocoPhillips’ fourth…

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Study: Development offshore US Atlantic could add $195 billion in investment

Posted on 11 December 2013 in Global and Regional Markets, News, The Offshore Frontier

Approximately 85% of acreage in federal offshore waters is inaccessible to offshore oil and natural gas…

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Oil, gas discovery proves additional resources in the Johan Castberg area

Posted on 11 December 2013 in Global and Regional Markets, News, The Offshore Frontier

Statoil, with partners Eni Norge and Petoro, made an oil and gas discovery in the Skavl prospect in PL532…

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BG Group raises Tanzania resources to 15 Tcf

Posted on 11 December 2013 in Global and Regional Markets, News, The Offshore Frontier

BG Group has increased total recoverable resources for the Mzia discovery and across Blocks 1, 3 and 4 offshore southern Tanzania, marking the conclusion…

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Statoil makes natural gas discovery offshore Tanzania

Posted on 06 December 2013 in News, The Offshore Frontier

Statoil, with co-venturer ExxonMobil, made its fifth discovery in Block 2 offshore Tanzania. The discovery of an additional 2 to 3 Tcf of natural gas in place in…

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Noble Energy makes discoveries in GOM, Eastern Mediterranean

Posted on 04 December 2013 in News, The Offshore Frontier

Noble Energy has discovered oil at the Dantzler exploration well in the deepwater Gulf of Mexico (GOM) and natural gas at the Tamar Southwest (SW) exploration well…

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Hoffman: Industry should view people shortage as opportunity, not challenge

Posted on 27 November 2013 in Global and Regional Markets, News, The Offshore Frontier

The people shortage is looming large in the drilling industry, and it’s an issue that can’t wait any longer, Kurt Hoffman…

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Customizable well stimulation vessel targets Gulf of Mexico shelf

Posted on 27 November 2013 in Completing the Well, Global and Regional Markets, News, The Offshore Frontier

Additional capacity on a new stimulation vessel dedicated to the Gulf of Mexico (GOM) will allow multiple treatments for well stimulation, fracturing and…

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