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IADC ISP: Global LTI rate down to 0.37 in 2009

Posted on 01 July 2010 in News

The lost-time incident (LTI) rate for the global drilling industry reached a record low of 0.37 in 2009 – a 25% reduction from 2008…

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Rowan moves to purchase Skeie Drilling

Posted on 01 July 2010 in News

Rowan Companies has entered into an agreement to purchase Skeie Drilling & Production ASA (“SKDP”), subject to satisfactory due diligence…

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Noble to acquire Frontier Drilling

Posted on 01 July 2010 in News

Noble Corp has entered into a definitive merger agreement to acquire FDR Holdings Ltd (Frontier Drilling) in a cash transaction that values the enterprise at $2.16 billion…

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Nomac Drilling receives 1,000th NOV TDS-11 top drive

Posted on 01 July 2010 in News

National Oilwell Varco (NOV) celebrated the shipment of the 1,000th TDS-11 top drive on 20 May at the company’s Orange, Calif., manufacturing facility…

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Premier: Catcher East sidetrack finds oily sandstones

Posted on 01 July 2010 in News

Premier Oil’s Catcher East (28/9-1Z) sidetrack well in the UK Central North Sea has encountered oil-bearing sandstones…

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BP Video outlines Macondo relief well status

Posted on 29 June 2010 in News

Click here to view BP video describing progress of the relief wells is now available. A telephone…

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Statoil signs three-year contract for Stena Don semi

Posted on 28 June 2010 in News

Statoil has contracted Stena Drilling’s Stena Don semisubmersible to drill on the Norwegian…

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Borgholm Dolphin receives new contract

Posted on 24 June 2010 in News

Dolphin Drilling has entered into a contract for the provision of the accommodation semisubmersible…

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EPA to hold public meetings on hydraulic fracturing

Posted on 21 June 2010 in News

The US Environmental Protection Agency (EPA) is hosting four public informational meetings…

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Raspino: Industry must lock arms because what happens to one, happens to all

Posted on 18 June 2010 in News

Calling on the industry to “answer the call to arms” as the Macondo spill continues to play out in the Gulf of Mexico…

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