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NOV forms spinoff distribution company, names management

Posted on 05 December 2013 in News

National Oilwell Varco (NOV) has formed NOW Inc to serve as the independent, publicly traded distribution company for its proposed plan to spin off to its shareholders…

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Noble Energy makes discoveries in GOM, Eastern Mediterranean

Posted on 04 December 2013 in News, The Offshore Frontier

Noble Energy has discovered oil at the Dantzler exploration well in the deepwater Gulf of Mexico (GOM) and natural gas at the Tamar Southwest (SW) exploration well…

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Sangwongwanich: Industry can overcome challenges if it goes forward hand-in-hand

Posted on 27 November 2013 in Drilling It Safely, News

“If you want to go fast, go alone. But if you want to go far, go together.” Citing this African proverb at an IADC…

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Automated rig activity analysis offers more precise method for reducing NPT, invisible lost time

Posted on 27 November 2013 in Innovating While Drilling, News, The Efficient Rig

An automated system from Halliburton aims to help the industry analyze rig activity to more precisely identify…

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Chevron Thailand promotes focus on planning for safe, efficient and consistent performance

Posted on 27 November 2013 in Drilling It Safely, Global and Regional Markets, News

In its mission to ensure consistently safe, efficient and reliable well construction, Chevron Thailand has…

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Hoffman: Industry should view people shortage as opportunity, not challenge

Posted on 27 November 2013 in Global and Regional Markets, News, The Offshore Frontier

The people shortage is looming large in the drilling industry, and it’s an issue that can’t wait any longer, Kurt Hoffman…

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Gallegos: Record-setting AC-drive rigs reduce cycle times, drilling costs

Posted on 27 November 2013 in Drilling It Safely, Global and Regional Markets, News, Onshore Advances, The Efficient Rig

Since 2008, many supermajors, large independents and even NOCs have increased their focus on land…

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Customizable well stimulation vessel targets Gulf of Mexico shelf

Posted on 27 November 2013 in Completing the Well, Global and Regional Markets, News, The Offshore Frontier

Additional capacity on a new stimulation vessel dedicated to the Gulf of Mexico (GOM) will allow multiple treatments for well stimulation, fracturing and…

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Study: EU domestic shale gas production could add a million jobs

Posted on 25 November 2013 in Global and Regional Markets, News

New industry research has quantified for the first time how much Europe’s economy could benefit from domestic shale gas production. The development of shale gas in…

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Tullow Oil discovers oil onshore Northern Kenya

Posted on 25 November 2013 in Global and Regional Markets, News

Tullow Oil’s Agete-1 exploration well in Block 13T onshore Northern Kenya has discovered and sampled moveable oil with an estimated 100 m of net oil pay in good …

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