Archive | News

Stone Energy to sell non-core GOM properties to Talos Energy Offshore

Posted on 04 July 2014 in Global and Regional Markets, News, The Offshore Frontier

Stone Energy Corp announced a definitive agreement to sell its non-core Gulf of Mexico (GOM) conventional shelf properties to Talos Energy Offshore for $200 million in cash and…

PrintFriendlyShare This

Comments (0)

Johan Castberg project delayed to 2015 to evaluate costs, final concept

Posted on 04 July 2014 in Global and Regional Markets, News, The Offshore Frontier

The partners in the Johan Castberg license, comprising Statoil, Eni and Petoro, have decided to spend more time on making the final concept selection for the Johan Castberg…

Comments (0)

Wärtsilä to deliver generating sets for two well-intervention vessels for Siem Offshore

Posted on 04 July 2014 in Drilling It Safely, Global and Regional Markets, News, The Offshore Frontier

Wärtsilä has received an order to deliver generating sets for two new well-intervention vessels for Siem Offshore from Norway. The vessels are under construction…

Comments (0)

Pre-salt Santos, Campos basins surpass 500,000 bbls of oil/day

Posted on 03 July 2014 in Global and Regional Markets, News, The Offshore Frontier

Oil production in the pre-salt Santos and Campos Basins have surpassed 500,000 bbl/day (bpd),topping-out at 520,000 bpd on 24 June and setting a new daily output record…

Comments (0)

Wood Group Kenny wins subsea engineering services contract for Ghana

Posted on 03 July 2014 in News, The Offshore Frontier

Wood Group Kenny (WGK) has been awarded an engineering services contract to support Tullow Ghana Ltd and its partners through the execution phase…

Comments (0)

Gazprom Neft begins exploratory drilling in the Arctic

Posted on 03 July 2014 in Global and Regional Markets, Innovating While Drilling, News, The Offshore Frontier

Gazpromneft-Sakhalin, a subsidiary of Gazprom Neft, has started drilling a new exploration well in the Dolginskoye field on the continental shelf in the Pechora sea…

Comments (0)

Bit-to-bend motor drills Eagle Ford wells in single runs

Posted on 02 July 2014 in Innovating While Drilling, News, Onshore Advances

Baker Hughes used its new 6 3/4-in. Navi-Drill Ultra Curve motor with a 4½-ft bit-to-bend length to drill the vertical, curve and lateral…

Comments (0)

Petrobras reduces pre-salt drilling time by 55%


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

Petrobras has reduced drilling time by 55%, from 126 days in 2010 to 60 days in 2013 in the pre-salt layer of the Lula and Sapinhoá fields, where it has achieved 30 days…

Comments (0)

GE wins PEMEX surface wellhead, tree contract for GOM project

Posted on 25 June 2014 in Drilling It Safely, Global and Regional Markets, News, The Offshore Frontier

GE Oil & Gas has signed a multi-year agreement with PEMEX to supply and install surface wellheads and trees for an offshore project in the Campeche Sound Ayatsil field in the…

Comments (0)

Lessons from chemical industry: 3 keys to process automation

Posted on 25 June 2014 in Drilling It Safely, Drilling Rigs & Automation, Innovating While Drilling, News, Videos

The integration of process and automation engineering in the chemical industry has led to increase in overall efficiency and shorter project times, Thomas Dieckhoff of Siemens explained…

Comments (0)

Recent Drilling News

  • 22 October 2014

    Shell discovers gas in pre-salt reservoir offshore Gabon

    Shell announced a frontier exploration discovery offshore Gabon, West Africa. The well Leopard-1 encountered a substantial gas column with around 200 m net gas pay…

  • 22 October 2014

    Statoil proves new oil resources near Grane field in North Sea

    Well 25/8-18 S, drilled by the rig Transocean Leader, proved an oil column of 25 m in the Heimdal Formation. The estimated volume of the discovery…

  • 21 October 2014

    IADC Cybersecurity Task Group to provide industry guidance to assess risks

    The oil and gas industry is not immune to cybersecurity threats, from computer viruses and malware to targeted attacks. The IADC Advanced Rig Technology (ART) Committee…

  • 21 October 2014

    Check-6 launches RIGOR digital checklist and compliance system

    Check-6 has launched RIGOR, a checklist-based mobile app to help simplify complex procedures and mitigate human error on the rig. Taking lessons from the aviation industry…

  • 21 October 2014

    Video: Next IADC Land Contract update to start in 2016

    The latest version of the IADC Land Contract was released in November 2013. Various incidents, including Macondo, delayed the release. “It’s an industry contract…

  • Read more news

    FEATURED MICROSITES