Archive | News

Concentric Pipe and Tool Rentals’ wrench system speeds up rig time, reduces safety risks

Posted on 07 May 2014 in Drilling It Safely, News

Concentric Pipe and Tool Rentals has developed the Superior Safety Wrench System (SSWS), a next-generation tool to eliminate the use of sledge hammers in the make up and break…

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Petrobras and Embraer to assess reliability of critical oilfield systems

Posted on 06 May 2014 in Drilling It Safely, News

Petrobras and Embraer have signed a memorandum of understanding (MOU) to apply the rigorous standards practiced in the aerospace industry to assess the requirements…

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Wild Well, Check-6 to develop next-gen well control training

Posted on 05 May 2014 in Drilling It Safely, News, OTC, Recent Drilling News

Wild Well Control and Check-6 have announced a joint agreement to develop the next generation of well control training for the oil and gas industry. The partnership will…

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IADC HSE Environmental Subcommittee developing KPIs to set industry benchmarks

Posted on 02 May 2014 in IADC: Global Leadership, Global Challenges, News, Videos

The IADC HSE Environmental Subcommittee is developing key performance indicators (KPIs) to help the industry improve its environmental performance. The KPIs will classify…

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Eni makes oil and gas discovery in the Norwegian Barents Sea

Posted on 02 May 2014 in Global and Regional Markets, News, The Offshore Frontier

Eni has made an offshore oil and gas discovery in the Norwegian Barents Sea, approximately 230 km from Hammerfest. The well 7220/7-3S is located 6 km south of the Johan Castberg…

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Multizone single-trip completions installed in Brazil pre-salt field

Posted on 01 May 2014 in Completing the Well, Drilling It Safely, Global and Regional Markets, News

Superior Completion Services has completed Brazil’s first multizone single trip installations in the Campos Basin, pre-salt Roncador field for Petrobras…

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MAX STREICHER successfully tests new offshore rig

Posted on 01 May 2014 in Global and Regional Markets, News

Test operations of the MAX STREICHER GmbH’s offshore rig VDD 400.2 were successfully completed at the STREICHER’s location in Deggenau, Germany, and will be…

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Oil, gas discovered in deepwater pre-salt offshore Angola

Posted on 01 May 2014 in Global and Regional Markets, News, The Offshore Frontier

The Angolan National Concessionaire Sonangol, Cobalt and the Block 20 partners – Sonangol Pesquisa e Produção and BP Exploration Angola (Kwanza Benguela) have announced the…

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People issues contribute to project delays, cost overruns

Posted on 29 April 2014 in Global and Regional Markets, News

Australia’s gas boom has prompted forecasts that it will overtake Qatar as the world’s biggest LNG exporter by 2020. The Australasian region has witnessed an unprecedented…

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Rowan elects Thomas Burke as new CEO; appoints Matt Ralls executive chairman of board

Posted on 28 April 2014 in Global and Regional Markets, News

Rowan Companies has elected Dr Thomas P. Burke as the CEO and appointed W. Matt Ralls as Executive Chairman of the Board along with Sir Graham Hearne as new Lead Director of the…

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