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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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Miller: Vibrant MINT economies likely to support industry growth

Posted on 07 April 2014 in Global and Regional Markets, News

With the unexpected underperformance of Brazil, Russia, India and China (BRIC), perhaps the industry should look beyond toward other emerging economies – including Mexico…

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Croatia’s first offshore license round opens

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

Croatia’s Minister of Economy Ivan Vrdoljak has opened Croatia’s first offshore license round in Zagreb, Croatia, in the presence of representatives from more than 30…

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Seadrill secures contracts for multiple jackups

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

Seadrill has secured new contracts for the jackups West Tucana, West Telesto, West Ariel and West Prospero. Additionally, the contract for the West Mischief has been extended…

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Maersk Drilling takes delivery of Maersk Intrepid jackup

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

Maersk Drilling has taken delivery of its first ultra-harsh environment jackup, Maersk Intrepid, from the Keppel FELS shipyard in Singapore. Maersk Intrepid will start its…

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Husky Energy delivers production at Liwan Gas Project in South China Sea

Posted on 31 March 2014 in Global and Regional Markets, News, The Offshore Frontier

Husky Energy and CNOOC have commenced first production at the Liwan Gas Project in the South China Sea. Located approximately 300 km southeast of the Hong Kong Special…

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Petrobras cites 4 pillars for drilling contractors in offshore well construction

Posted on 26 March 2014 in Global and Regional Markets, News, The Offshore Frontier

In the next four years, Petrobras will invest approximately $79 billion in well construction, which accounts for 36% of Petrobras’ total investments, an executive with Petrobras…

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