Archive | News

H&P to build 8 new FlexRigs to drill onshore US

Posted on 08 February 2011 in News

Helmerich & Payne has signed contracts to build and operate eight new FlexRigs. These rigs will be built and operated in the US under multi-year term contracts…

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New Halliburton software simplifies well reviews

Posted on 08 February 2011 in News

Seeing the big picture in order to make better decisions is key to successful production optimization. Halliburton recently launched the first edition of its Well…

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Anadarko makes discovery in Mozambique’s Rovuma Basin

Posted on 08 February 2011 in News

Anadarko Petroleum’s Tubarao discovery well off the coast of Mozambique has encountered more than 110 net ft (34 meters) of natural gas pay and no water in…

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Ensco to acquire Pride International in $7.3 billion deal

Posted on 07 February 2011 in News

Ensco plc will acquire Pride International for $7.3 billion. Ensco and Pride have entered into a definitive merger agreement under which Ensco will…

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New Schlumberger SonicScope 475 service delivers compressional and shear data in all environments

Posted on 03 February 2011 in News

Schlumberger has released the SonicScope* 475 multipole sonic-while-drilling service, a new logging-while-drilling…

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Diamond will build ultra-deepwater drillship for $590 million

Posted on 03 February 2011 in News

Diamond Offshore’s subsidiary Diamond Offshore Drilling Ltd, has exercised its option to build a second ultra-deepwater drillship with Hyundai Heavy…

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GE Oil & Gas wins $50 million in Petrobras subsea equipment orders

Posted on 02 February 2011 in News

GE Oil & Gas won two contracts with a combined value of more than $50 million to supply a total of 171 subsea…

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IADC forms Dual Gradient Subcommittee

Posted on 25 January 2011 in News

IADC’s new Dual Gradient Drilling (DGD) Subcommittee will work to develop best practices and strive to build interest in the technology, said subcommittee…

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OSHA withdraws proposed interpretation on occupation noise

Posted on 25 January 2011 in News

The US Occupational Safety and Health Administration (OSHA) announced last week that it is withdrawing its proposed interpretation, “Interpretation of…

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Oil and gas industry teams up against pediatric cancer

Posted on 25 January 2011 in News

On 9-10 April, employees of oil and gas companies from around Houston will suit up and play ball in the 7th Annual Derricks & Diamonds…

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