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ADCO: Safer rigs paramount to drilling growth in Middle East

Posted on 07 January 2015 in Drilling It Safely, Global and Regional Markets, IADC: Global Leadership, Global Challenges, News

Although drilling contractors in the Middle East have made significant strides in safety, future rig expansion will depend on the ability of industry leaders to cultivate even safer work environments…

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Malaysian minister urges industry to look to long term amid falling oil prices

Posted on 06 January 2015 in Global and Regional Markets, News

As the Malaysian government works toward an economy with sustainable growth, diversification of national revenues continues to play a critical role..

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Wee Yiaw Hin, PETRONAS: Industry must increase speed of innovation to meet market demands

Posted on 06 January 2015 in Global and Regional Markets, Innovating While Drilling, News

Although cost and efficiency are important factors to consider as the oil and gas market slows down, companies also…

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Chevron makes oil discovery at Anchor prospect in deepwater US Gulf of Mexico

Posted on 06 January 2015 in News, The Offshore Frontier

Chevron announced a significant oil discovery at the Anchor prospect in the deepwater U.S. Gulf of Mexico…

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NOV aims to deploy downhole-driven, closed-loop automation in Middle East in 2015

Posted on 06 January 2015 in Drilling Rigs & Automation, Global and Regional Markets, Innovating While Drilling, News

Automated closed-loop systems that are fed by downhole sensor packages may soon play a big role in Middle East drilling projects..

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IADC global trade guidelines address compliance with import/export laws

Posted on 05 January 2015 in IADC: Global Leadership, Global Challenges, News, Videos

The IADC Global Supply Chain Committee recently put forth new international trade guidelines for its members. Maersk Drilling’s Senior Export Control Officer…

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Rowan secures new jackup contracts, extensions

Posted on 05 January 2015 in Global and Regional Markets, News, The Offshore Frontier

Rowan Companies’ Joe Douglas, a LeTourneau Technologies 240-C Class jackup, has been awarded a one-well contract with Fieldwood in the Gulf of Mexico for…

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IADC archives Oil Spill Commission website

Posted on 05 January 2015 in IADC: Global Leadership, Global Challenges, News

IADC has created an online repository of materials generated as a result of the National Oil Spill Commission’s investigation into the Macondo event…

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TOTAL begins drilling deepwater Egina project in Nigeria

Posted on 05 January 2015 in Completing the Well, News, The Offshore Frontier

An intensive drilling program is under way on the Egina project in Nigeria, TOTAL announced. Two rigs will be kept busy for a total of 3,000 days, drilling 44 wells in water depths ranging between 1,400-1,700 m.

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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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