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Seadrill purchases ultra-deepwater drillship West Polaris

Posted on 02 January 2015 in Global and Regional Markets, News, The Offshore Frontier

Seadrill has exercised a purchase option for the West Polaris, a sixth-generation ultra-deepwater drillship, from Ship Finance International Limited. The West Polaris was…

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Freeport-McMoRan performs successful production test at Highlander discovery

Posted on 02 January 2015 in News, Onshore Advances

Freeport-McMoRan has announced a successful production test from the Highlander discovery, located onshore in South Louisiana in the Inboard Lower Tertiary/Cretaceous trend…

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BP, SOCAR to explore shallow water Absheron Peninsula

Posted on 22 December 2014 in Global and Regional Markets, News, The Offshore Frontier

BP and SOCAR signed signed a new production sharing agreement (PSA) to jointly explore for and develop potential prospects in the shallow water area around the Absheron Peninsula…

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Saudi Aramco: Four factors for a sustainable drilling business

Posted on 17 December 2014 in Global and Regional Markets, News

Despite the modest growth in demand and drop in oil prices today, the long-term outlook for industry is healthy. “Our industry will need to add around 40 million bbl per day for new capacity…

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Ensco development program produces driller in 3 years

Posted on 16 December 2014 in Drilling It Safely, Global and Regional Markets, News

Ensco’s Accelerated Development Program (ADP) takes a “green” individual and, within a three-year period, trains them to become a driller. In response to personnel shortages in various areas, including drilling…

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Saudi Aramco: ‘Industry cannot afford to lose talent when the economy is down’

Posted on 16 December 2014 in Drilling It Safely, News, Videos

Industry is facing a human resources challenge in two areas: the ageing workforce and the shortage of skills, Mohammed Al Sellemi…

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Nanotechnology has potential to improve tool performance in extreme environments

Posted on 16 December 2014 in Innovating While Drilling, News, Videos

In terms of temperature stability and corrosion, tools have limitations, especially in extremely challenging drilling environments. Jothibasu Ramasamy…

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Colville: WCI provides forum to evaluate practical, economical advances in well control practices

Posted on 16 December 2014 in IADC: Global Leadership, Global Challenges, News, Videos

Major players throughout industry are joining forces under the Well Control Institute (WCI). The mandate of WCI is “to provide the definitive forum…

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Shell simulator program addresses individuals’ capacity for high-stress environments

Posted on 16 December 2014 in Drilling It Safely, News

Training is key to ensuring personnel are capable of performing their jobs and know how to respond during unplanned events. “But what about capacity?”…

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IADC’s Southern Arabian Peninsula Chapter addresses safety, local content issues

Posted on 16 December 2014 in Global and Regional Markets, IADC: Global Leadership, Global Challenges, News, Videos

IADC’s Southern Arabian Peninsula Chapter (SAPC) has expanded its reach in the last year with subcommittees to address regional challenges, such as competency…

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