Archive | The Offshore Frontier

IADC UBO/MPD Committee developing operating guidelines for different types of MPD

Posted on 16 April 2014 in Exclusive Video, IADC: Global Leadership, Global Challenges, News, The Offshore Frontier, Videos

One of the most significant initiatives being undertaken by the IADC Underbalanced Operations and Managed Pressure Drilling (UBO/MPD) Committee is to develop operating…

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KCA Deutag awarded its first Canadian contract for Hebron Project

Posted on 14 April 2014 in Global and Regional Markets, News, The Offshore Frontier

KCA Deutag has entered into the offshore Canadian drilling sector following the award of its first contract in Canada with ExxonMobil Canada Properties. KCA Deutag was awarded…

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Statoil makes oil, gas discovery in the Valemon Nord prospect

Posted on 11 April 2014 in Global and Regional Markets, News, The Offshore Frontier

Statoil has together with the Valemon Unit partners made a gas and oil discovery in the Valemon Nord prospect in the North Sea. The discovery wells 34/10-54 S and 34/10-54 A…

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PTTEP makes its first investment in Brazil deepwater

Posted on 09 April 2014 in Global and Regional Markets, News, The Offshore Frontier

A subsidiary of Thailand’s PTTEP has signed a farm-in agreement with BG E&P Brasil for four predominantly deepwater blocks, marking PTTEP’s initial foray into South American…

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Croatia’s first offshore license round opens

Posted on 03 April 2014 in Global and Regional Markets, News, The Offshore Frontier

Croatia’s Minister of Economy Ivan Vrdoljak has opened Croatia’s first offshore license round in Zagreb, Croatia, in the presence of representatives from more than 30…

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Seadrill secures contracts for multiple jackups

Posted on 02 April 2014 in Global and Regional Markets, News, The Offshore Frontier

Seadrill has secured new contracts for the jackups West Tucana, West Telesto, West Ariel and West Prospero. Additionally, the contract for the West Mischief has been extended…

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Maersk Drilling takes delivery of Maersk Intrepid jackup

Posted on 01 April 2014 in Global and Regional Markets, News, The Offshore Frontier

Maersk Drilling has taken delivery of its first ultra-harsh environment jackup, Maersk Intrepid, from the Keppel FELS shipyard in Singapore. Maersk Intrepid will start its…

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Husky Energy delivers production at Liwan Gas Project in South China Sea

Posted on 31 March 2014 in Global and Regional Markets, News, The Offshore Frontier

Husky Energy and CNOOC have commenced first production at the Liwan Gas Project in the South China Sea. Located approximately 300 km southeast of the Hong Kong Special…

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Petrobras cites 4 pillars for drilling contractors in offshore well construction

Posted on 26 March 2014 in Global and Regional Markets, News, The Offshore Frontier

In the next four years, Petrobras will invest approximately $79 billion in well construction, which accounts for 36% of Petrobras’ total investments, an executive with Petrobras…

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Video: Integrated team tackles construction of 7 drillships in Brazilian shipyard

Posted on 26 March 2014 in Global and Regional Markets, News, The Offshore Frontier, Videos

OdfjellGalvão, Petrobras and Seadrill are each working with Sete Brasil to monitor the construction of seven drillships that are part of a project to build 29 ultra-deepwater…

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