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Aquaterra Energy bags another Johan Sverdrup win

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Aquaterra Energy has been awarded a contract by Equinor to deliver early well-construction operations for the next 16 wells of the Johan Sverdrup field development. The award follows Aquaterra Energy’s successful Phase I Tie-Back project for the engineering of nine complete strings of centralizers and tieback engineering services, which were delivered in Q3 2018. Under the new contract, the company will supply its Well Start solution to engineer conductor guide, cellar deck and internal centralizers for the field to ensure conductor performance for the 50-year field life. The project, set to commence in Q4, will also include hang-off tools for the conductor. Well Start is a single-source solution that manages the complete set of early well construction activities including third-party interfaces, engineering ...

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Well-SENSE enhances capability with the launch of Active FLI

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Well-SENSE has announced the launch of its latest FiberLine Intervention (FLI) development, ‘Active FLI’ at ADIPEC. Active FLI builds on the capability of Well-SENSE’s fiber-optic downhole data acquisition system with the addition of a range of discrete measurement devices. These include single-point temperature and pressure sensors, with the addition of a casing collar locator for depth correlation. The tools are located in the FLI probe to capture measurements as it descends downhole and complement the distributed sensing, which takes place along the length of the fiber-optic lines deployed in the well by FLI. The combination of single-point and distributed data provides enhanced well intelligence and allows events occurring in the well to be precisely located, verified and quantified via different ...

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Wood secures $53 million of contracts supporting ADNOC Onshore

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Wood has been awarded three new, call-off contracts totaling $53 million by ADNOC Onshore, a subsidiary of Abu Dhabi National Oil Company (ADNOC). Project management consultancy (PMC) services will be provided for major projects across the company’s onshore fields in Abu Dhabi, aimed at supporting ADNOC’s group-wide production capacity target of 4 million BPD by 2020. Creating around 100 new jobs in the country, the five-year contracts have one-year extension options available. This win builds on Wood’s successful track record of partnering with ADNOC, which spans over 40 years and has included multiple, significant PMC projects. “Wood has a strong foothold in the Middle East and our strategic focus on continuing to broaden the capabilities we deliver to the oil and ...

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Maersk Giant jackup sold to independent operator

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Maersk Drilling has entered into an agreement to sell the Maersk Giant jackup to an Australasian-based independent oil and gas operator. The transaction is expected to close before the end of 2018. The new owner expect to use the rig for its Australasian operations. “The sale is part of our fleet optimization in line with our strategic priority of maintaining a fleet of modern, high-quality assets. Given the limited prospects for Maersk Giant, we believe a sale creates the highest shareholder value,” Jesper Ridder Olsen, CFO of Maersk Drilling, said. In 2015, Maersk Drilling decommissioned the Maersk Endurer jackup rig (delivered in 1984), and in 2016, Maersk Drilling converted the Maersk Guardian jackup (delivered in 1986) from a drilling rig to an accommodation ...

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Weatherford introduces AI-enabled automated connection integrity

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Weatherford has introduced Vero automated connection integrity, which applies artificial intelligence to minimize safety risks and validate well integrity with absolute certainty. In applications ranging from conventional land to complex deepwater, the Vero solution provides operators with previously unobtainable consistency and accuracy. The solution employs two new proprietary features: AutoMakeup technology, which precisely controls the makeup of tubular connections automatically, and AutoEvaluate software, which continually assesses torque against original equipment manufacturer specifications. By applying artificial intelligence at every stage, from pipe manufacturing to well installation, the Vero solution removes the uncertainty of human judgment from the connection process. In doing so, the solution can minimize the chance of catastrophic well failures associated with poorly made up connections, as well as significantly ...

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Kevin Neveu elected as 2019 IADC Chairman

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The IADC Board of Directors has elected Kevin Neveu, President and CEO of Precision Drilling, as its 2019 Chairman. Julie Robertson, Chairman of the Board, President and Chief Executive Officer of Noble Corp, was elected as Vice Chair. For the IADC Division posts, Roddie Mackenzie, Senior VP of Marketing, Innovation and Industry Relations for Transocean, will serve as VP of the Offshore Division. Scott McKee, VP Marketing for Cactus Drilling Co, was elected as VP of the North America Onshore Division. Lee Womble, VP Sales-Drilling Systems with Cameron, a Schlumberger company, was reelected as VP of the Drilling Services Division. In addition, Scott McReaken, CEO and Director of Sevan Drilling, will continue to serve as IADC Secretary/Treasurer. Mr Neveu has ...

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Trent Latshaw named 2018 IADC Contractor of the Year

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Trent Latshaw, President of Latshaw Drilling Co, was named as 2018 IADC Contractor of the Year on 9 November at the 2018 IADC Annual General Meeting held in New Orleans. The award was established in 1988 to recognize individual drilling contractors and their outstanding lifetime achievements in technical innovation, safety and economic efficiency within the drilling industry. Sponsored by National Oilwell Varco (NOV), the award is the only one in the industry reserved solely for drilling contractors. All recipients are nominated and selected by IADC drilling contractor members. Mr Latshaw graduated from Texas A&M University in 1975 with a bachelor’s degree in petroleum engineering before going to work for Parker Drilling in Alaska as roughneck, motorman, derrickman and relief driller, ...

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Equinor wins bids for new licences offshore Newfoundland

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Equinor and its partners were the successful bidders for new exploration parcels in the prolific Jeanne d’Arc basin, offshore Newfoundland. Equinor will operate two exploration parcels, NL18-CFB01-14 (Equinor Canada 70%, Husky Energy 30%) and NL18-CFB01-15 (Equinor Canada 60%, Suncor Energy 40%), totaling 4,126 sq km. Further, the company will participate in the Suncor-operated parcel NL18-CFB02-01, totaling 1,425 sq km, (Suncor 40%, Equinor Canada 30%, Husky 30%). “We are pleased to have secured significant acreage and new exploration opportunities offshore Canada. The successful bids aligns with Equinor’s strategy of developing our position in prolific basins,” Tim Dodson, Equinor’s Executive Vice President for Exploration, said. “These exploration investments provide Equinor an important opportunity to advance our position in a region where we have a well-established exploration portfolio while we continue to evaluate and mature our existing exploration assets in the Flemish Pass Basin.” Equinor has ...

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Maersk Drilling named preferred contractor by Wintershall Noordzee

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Maersk Drilling and Wintershall Noordzee have extended their previous cooperation in a new agreement which gives Maersk Drilling the status of preferred contractor to Wintershall Noordzee’s offshore drilling work. The agreement, which includes closer cooperation on using data to improve drilling efficiency, comes into effect immediately and will remain in force until the end of June 2020. The first contract under the agreement has been awarded to the Maersk Resolve jackup rig. Wintershall Noordzee has signed up the rig to plug and abandon three wells in the Dutch sector of the North Sea. The plugging and abandonment campaign is expected to commence in January 2019, with an expected duration of 90 days. As part of the agreement, the parties will work ...

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Israel announces 2nd offshore bid round

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Israel has launched its second bid round to grant exploration licenses for natural gas and oil in the country’s economic waters in the Eastern Mediterranean. The upcoming bid round is pursuant to an earlier round that began two years ago and granted six licenses; some are expected to commence drilling in the upcoming months. “It is my pleasure to announce the launch of our new bid round for exploration and production of natural gas reservoirs in the East Mediterranean,” Dr Yuval Steinitz, Israeli Energy Minister, said. “This bid is intended to continue the development of the natural gas market in Israel, increase competition by the entry of new international energy companies and broaden Israel’s energy security. These efforts correlate with the progress of the subsea pipeline between ...

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