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Schotman: Innovation most needed in replicable, tailored solutions to well construction

Posted on 30 January 2013 in Innovating While Drilling, News

Replication and standardization can create more space for industry to learn and innovate, Gerald Schotman, EVP…

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Diamandis: World’s greatest challenges are opportunities for innovation through collaboration

Posted on 30 January 2013 in Innovating While Drilling, News

“Innovation comes from absolute persistence, because everything is extraordinarily difficult…

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RP takes integrated risk management approach to shale gas development

Posted on 30 January 2013 in Drilling It Safely, News

DNV, an independent foundation and global provider of risk management protocols, issued on 17 January a set of…

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JIP works to enhance subsea wellhead design with simplicity

Posted on 30 January 2013 in Innovating While Drilling, News, The Offshore Frontier

A subsea wellhead being designed under a joint industry project that includes Shell, Maersk Oil, Eni, Tullow, Wintershall and TOTAL will be able to…

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Texas Petro Index: State’s crude oil production up 18% in 2012

Posted on 30 January 2013 in Global and Regional Markets, News

A glimpse of Texas’ rig count and what those rigs are drilling for is showing a significant increase in oil production. “The tables have turned, and Texas has returned…

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Keppel delivers first of 20 rigs slated for 2013

Posted on 28 January 2013 in Global and Regional Markets, News, The Offshore Frontier

Vision Drilling, a subsidiary of Cyprus-based Dynamic Offshore Drilling, will receive KFELS B Class jackup, Dynamic Vision, two months ahead of time…

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Deepwater market expands outside US with East Africa, Eastern Mediterranean hotspots

Posted on 23 January 2013 in Global and Regional Markets, News, The Offshore Frontier

Deepwater activity in the US Gulf of Mexico (GOM) is being overshadowed by the expansion of the floater market elsewhere…

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Eni drills first oil delineation well of Sankofa East oil discovery offshore Ghana

Posted on 17 January 2013 in Global and Regional Markets, News, The Offshore Frontier

Eni has successfully drilled Sankofa East 2A, the first appraisal well of the Sankofa East oil discovery…

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Chevron, CNOOC sign two production sharing contracts in China

Posted on 16 January 2013 in Global and Regional Markets, News, The Offshore Frontier

A China subsidiary of Chevron has signed two production sharing contracts with China National Offshore Oil Corporation…

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Statoil awarded interests in 14 production licenses on NCS

Posted on 15 January 2013 in Global and Regional Markets, News, The Offshore Frontier

Statoil has been awarded interests in 14 production licenses on the Norwegian continental shelf (NCS), of which it operates seven…

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