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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 expands West Africa acreage with Liberian acquisitions

Posted on 09 August 2012 in News, The Offshore Frontier

Eni has entered the Liberian market with the acquisition of three offshore exploration blocks, the company announced last week…

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DNV students develop concept for oil spill response system for Arctic

Posted on 09 August 2012 in Drilling It Safely, News

DNV’s summer students presented the results of seven weeks of work to develop a realistic concept…

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New water-based fluid system targets shale wells with extended lateral sections

Posted on 08 August 2012 in Completing the Well, Innovating While Drilling, News, Onshore Advances

Baker Hughes has introduced the LATIDRILL water-based drilling fluid system that aims to enhance wellbore quality…

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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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Federal mapping tool for emergency responders expanded to Arctic

Posted on 31 July 2012 in News, The Offshore Frontier

A new federal interactive online mapping tool used by emergency responders during the Deepwater Horizon oil spill…

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BSEE successfully completes deepwater well containment exercise in the Gulf

Posted on 31 July 2012 in News, The Offshore Frontier

The Bureau of Safety and Environmental Enforcement (BSEE) has successfully completed the first full-scale deployment of…

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Rynd: Zero risk tolerance is next step to improve safety

Posted on 26 July 2012 in Drilling It Safely, News

Industry has made great strides over the past 30 years in reducing its incident rates, but to further improve, risk tolerance has to reach zero…

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