Archive | News

Statoil, Shell and Sonatrach to test shale acreage in Algeria

Posted on 30 September 2014 in Global and Regional Markets, News, Onshore Advances

Statoil and Shell were awarded the Timissit Permit License in the Illizi-Ghadames Basin onshore Algeria. The license is in southeastern Algeria and covers an area of 2,730 sq km…

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Rosneft discovers oil in Kara Sea

Posted on 29 September 2014 in Global and Regional Markets, News, The Offshore Frontier

Rosneft successfully completed the drilling of the Universitetskaya-1 well in the Arctic – the northernmost well in the world, according to the company, and discovered oil at the East-Prinovozemelskiy-1 license area…

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Statoil and PL713 partners discover gas in Pingvin prospect in Barents Sea

Posted on 26 September 2014 in News, The Offshore Frontier

Statoil has together with PL713 partners made a gas discovery in the Pingvin prospect in the Barents Sea. The discovery is a play opener in an unexplored frontier…

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Maersk Drilling names fourth ultra-deepwater drillship; delivery expected in Q4

Posted on 26 September 2014 in News, The Offshore Frontier

Maersk Drilling’s fourth ultra-deepwater drillship was named in a ceremony at the Samsung Heavy Industries (SHI) shipyard in Geoje-Si…

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Eni awarded 3 new exploration licenses in Egypt

Posted on 25 September 2014 in Global and Regional Markets, News

Eni was the successful bidder of three new exploration licenses in Egypt as a result of the competitive 2013 EGPC and EGAS bid rounds. The new licenses will be formally awarded after the ratification…

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Petrobras finds gas in Sergipe-Alagoas Basin

Posted on 25 September 2014 in News, The Offshore Frontier

While drilling extension well 3-BRSA-1022-SES (3-SES-181), Petrobras discovered gas. Poço Verde 1 well, 58 km off the coast of Aracaju, is in the Poço Verde Discovery Evaluation Plan area…

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Panel: Development of 20,000-psi BOP impacts entire rig

Posted on 23 September 2014 in Innovating While Drilling, News, The Offshore Frontier

The development of 20,000-psi drilling equipment and systems has been on industry’s agenda to meet operational needs in challenging frontiers. Although the BOP is a major focus in this effort…

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Siemens to acquire Dresser-Rand for $7.6 billion

Posted on 23 September 2014 in News

Siemens has entered into an agreement with Dresser-Rand to acquire all of the issued and outstanding common shares of Dresser-Rand. The offer price is $83 per common share in cash or a total transaction value of…

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‘Transformational technologies’ to support drilling systems automation

Posted on 23 September 2014 in IADC: Global Leadership, Global Challenges, Innovating While Drilling, News

On the road to drilling systems automation (DSA), communication plays a key role, in which physical mediums and standards enable disparate solutions…

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Shell: Sharing software solutions would move industry closer to rig automation

Posted on 22 September 2014 in News

When asked what will accelerate the adoption of modern technologies commonly used in other industries, 53% of approximately 150 people polled at the 2014 IADC Advanced…

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