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Wirelines

Posted on 30 October 2009 in 2008, Departments, IADC: Global Leadership, Global Challenges, May/June, News

Indonesia tax scheme raises concern IADC has written the Indonesian director general of tax to urge the consistent application of Indonesia’s “deemed profits” regime for offshore drilling contractors. Over many years, IADC has worked with the Indonesian government to establish a reliable taxation system for its members operating in Indonesia. As recently as 2005, an […]

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Responsibility, not regulations, will guide industry to enhanced HSE performance

Posted on 30 October 2009 in 2008, IADC: Global Leadership, Global Challenges, May/June

By Magne Ognedal, director-general, Petroleum Safety Authority Norway (PSA) The solution to problems in the petroleum industry is not new regulations but enhancing the responsibility of the players. That view underpins Norway’s regulatory approach to offshore health, safety and the environment. It also means that a fundamental understanding of the factors that influence risk, including […]

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Drilling Engineering Assocation opens opportunities to take part in cutting-edge technology research

Posted on 30 October 2009 in 2008, Innovating While Drilling, May/June

Continuing research efforts into technologies that can help the industry drill increasingly difficult wells, the Drilling Engineering Association held its first quarter 2008 meeting on 27 March in Houston. DEA provides opportunities for researchers to present their ideas and work to the drilling industry. In turn, operators, contractors and service companies get the chance to […]

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Odfjell Drilling pursues responsible, green rigs with integrated operations, onshore support

Posted on 07 October 2009 in 2009, Drilling It Safely, September/October

It cannot be denied that drilling contractors are involved in an extractive industry where it is not possible to put back what has been taken out…

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Bandera Drilling pushes safety with new-generation rig

Posted on 07 October 2009 in 2009, Drilling Rigs & Automation, September/October

If Bandera Drilling had a motto for its new-generation ST-12,000 rigs, it could well be: “Nobody in the derrick, nobody on the rig floor, nobody in harm’s way.”

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Industry takes cautious but sure-footed steps toward hands-free drilling, automation

Posted on 07 October 2009 in 2009, Drilling Rigs & Automation, Features, Innovating While Drilling, September/October

When it comes to risk-taking, this industry seems to suffer from a case of multiple personality disorder. On the one hand, it has a tendency to be big gamblers. It’s willing to spend millions or tens of millions of dollars…

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Deep Gulf of Mexico completions push equipment to their limits – and maybe beyond

Posted on 07 October 2009 in 2009, Completing the Well, Features, September/October

As the Region moves into production phase, operators are taking careful steps to find and fill equipment gaps.

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Kuwait, Oman boost Middle East drilling activity with deep drilling, steam flood projects

Posted on 07 October 2009 in 2009, Features, Global and Regional Markets, September/October

While the Middle East region hasn’t been affected by the global financial crisis as much as other areas, it still is not immune to downturns in the oil and gas…

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Market is way down, but North Sea companies are already warming up for the rebound

Posted on 03 July 2009 in 2009, Features, Global and Regional Markets, July/August

A year ago, with oil prices headed towards $150 a barrel, upstream petroleum appeared to be bucking the slide toward global recession that basically started…

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Perspectives: Expansion taking shape steadily but strongly

Posted on 17 May 2009 in 2009, Departments, May/June

Jindal Drilling & Industries, part of Jindal Group, one of India’s largest business houses, is brewing and implementing ambitious growth plans – newbuild jackups, deepwater drilling…

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