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Statoil makes oil, gas discovery in the Valemon Nord prospect

Posted on 11 April 2014 in Global and Regional Markets, News, The Offshore Frontier

Statoil has together with the Valemon Unit partners made a gas and oil discovery in the Valemon Nord prospect in the North Sea. The discovery wells 34/10-54 S and 34/10-54 A…

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Rynd elected as NOIA Chairman

Posted on 11 April 2014 in News

The National Ocean Industries Association (NOIA) Board of Directors has elected John T. Rynd as Chairman of NOIA and Cindy B. Taylor as Vice Chair of NOIA for the 2014-2015…

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UMW: New academy trains diverse talents with varying backgrounds

Posted on 09 April 2014 in Drilling It Safely, Global and Regional Markets, News

For Abdul Samad Yusof, Head of UMW Drilling Academy, an understanding of where trainees come from is essential if one is to be able to teach them effectively, particularly…

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Linking personnel wellness to HSE: A healthier workforce is a safer workforce

Posted on 09 April 2014 in Drilling It Safely, Global and Regional Markets, News

Whereas responsibilities for employee safety and employee health within a drilling company typically fall to separate departments – generally the HSE department for the former…

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HSE program identifies, trains ‘influencers’ to be champions for change

Posted on 09 April 2014 in Drilling It Safely, Global and Regional Markets, News

After 20 years of staggering growth, mostly through acquisitions, Weatherford had become a company with more than 300 different management systems within the organization…

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Preemptive, tailored planning key to well control risk management

Posted on 09 April 2014 in Drilling It Safely, Global and Regional Markets, News

“Prevention is better than cure” is an ancient saying, but it still applies as well today as it ever did, especially when it comes to well control. “It’s in everyone’s interest…

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PTTEP makes its first investment in Brazil deepwater

Posted on 09 April 2014 in Global and Regional Markets, News, The Offshore Frontier

A subsidiary of Thailand’s PTTEP has signed a farm-in agreement with BG E&P Brasil for four predominantly deepwater blocks, marking PTTEP’s initial foray into South American…

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Trend analysis, cross-audits part of safety management system under Keppel’s WSH 2018 vision

Posted on 09 April 2014 in Drilling It Safely, Global and Regional Markets, News

Four key strategic thrusts – framework, system, ownership and partnerships – are driving sustained safety improvements under Keppel Corp’s “Workplace Safety and Health 2018”…

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Companies must look beyond traditional recruiting strategies in global, high-tech world

Posted on 09 April 2014 in Global and Regional Markets, News

Attracting workers in an increasingly complicated world means companies have to look beyond traditional recruitment strategies, Dr Karlene Roberts, a professor with the…

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GlobalData report: Falkland Islands to retain favorable fiscal regime through medium term

Posted on 08 April 2014 in Global and Regional Markets, News

Falkland Islands’ attractive fiscal regime with a low government intake is expected to remain stable through the short and medium term, according to a new report from research…

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