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ExxonMobil/XTO deal augurs strong promise for natural gas

Posted on 14 December 2009 in Global and Regional Markets, News, Onshore Advances

ExxonMobil Corp and XTO Energy Inc announced on 14 December, 2009, an all-stock transaction valued at $41 billion. The acquisition agreement, which…

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Rob Saltiel to succeed John Irwin as Atwood Oceanics Pres/CEO

Posted on 14 December 2009 in News

Atwood Oceanics Inc announced that Robert J Saltiel will succeed as President and CEO John R Irwin, who retired on 14 December…

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Reliable expandable connections: Exclusive video

Posted on 08 December 2009 in Completing the Well, Innovating While Drilling, News

Expandables represent one of the most talked-about and hailed technologies in the drilling and completion arsenal, ever since their introduction by Shell…

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Chukchi Sea drilling plan gets conditional OK

Posted on 08 December 2009 in Global and Regional Markets, IADC: Global Leadership, Global Challenges, News

The US Minerals Management Service (MMS) has conditionally approved Shell Gulf of Mexico’s plan to drill three exploratory, information-gathering wells…

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ADCO’s Al Kindy is chairman for 2010 ADIPEC

Posted on 08 December 2009 in News

Abu Dhabi Company for Onshore Oil Operators (ADCO) general manager Abdul Munim Saif Al Kindy, a former member of the IADC Executive…

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IADC names new Europe VP

Posted on 08 December 2009 in IADC: Global Leadership, Global Challenges, News

Jens Hoffmark will join IADC effective 1 January as its new regional vice president – Europe. He will be responsible for overseeing IADC operations and activities across Europe, including…

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ENSCO 8502 on target for on-time, on-budget delivery

Posted on 08 December 2009 in News, The Offshore Frontier

Keppel FELS Ltd is on track to deliver ENSCO 8502, the third of seven ENSCO 8500 Series semisubmersible drilling rigs it will build for Ensco…

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ConocoPhillips 2010 capital budget down from ’09 spending

Posted on 08 December 2009 in Global and Regional Markets, News

ConocoPhillips has approved a 2010 capital program of $11.2 billion, including about $9.7 billion for E&P. This represents a 10% decrease from estimated…

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Maersk Drilling launches first global annual environmental report

Posted on 08 December 2009 in Drilling It Safely, News

Maersk Drilling and Maersk FPSOs are launching their first global annual environmental report, covering 2008. The report encompasses…

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Lower Tertiary seismic survey kicks off in Gulf of Mexico

Posted on 08 December 2009 in News, The Offshore Frontier

WesternGeco has begun acquisition of the E-Octopus VII survey. Located in the Walker Ridge and Keathley Canyon areas of the US central Gulf of Mexico…

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