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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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Williams will succeed Miller as chairman, CEO of NOV

Posted on 22 November 2013 in News

Merrill A. “Pete” Miller will step down from both his chairman and CEO positions at National Oilwell Varco (NOV), the company recently announced. Mr Miller’s decision …

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Gas production begins from UK Jasmine field

Posted on 21 November 2013 in Global and Regional Markets, News, The Offshore Frontier

The Jasmine field in the UK North Sea has started gas production. Jasmine was discovered in 2006 by ConocoPhillips as operator (36.5%), together with its co-venturers Eni…

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Ensco orders fourth ultra-premium, harsh environment jackup of ENSCO 120 series

Posted on 20 November 2013 in News, The Efficient Rig

Ensco has ordered a fourth ultra-premium, harsh environment jackup, the ENSCO 123, for delivery in Q2 2016, the company announced today. This will extend the company’s …

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Seadrill’s West Auriga drillship begins development drilling for BP in GOM

Posted on 19 November 2013 in Global and Regional Markets, News, The Offshore Frontier

Seadrill’s new ultra-deepwater drillship, the West Auriga, recently began development drilling work at BP’s Thunder Horse field in deepwater Gulf of Mexico (GOM). …

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Exclusive video: Energy reforms could shake up Mexican market

Posted on 13 November 2013 in Global and Regional Markets, News, Videos

Mexico’s Congress is expected to vote soon on whether to reform its Constitution to open the country’s economy to foreign oil and gas companies…

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BP’s Mingé: BOP reliability, safety management systems among areas requiring more industry collaboration

Posted on 13 November 2013 in Drilling It Safely, News

Although the industry has changed significantly over the past few decades in terms of its technologies and operating…

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Exclusive video: Six potential business impacts of the US deficit

Posted on 13 November 2013 in Global and Regional Markets, News, Videos

As the US deficit approaches $17 trillion, businesses, including drilling contractors and operators, could potentially be negatively impacted by federal…

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Miller: BRIC countries slowing down but remain important E&P markets, drivers

Posted on 13 November 2013 in Global and Regional Markets, News

Political instability and the lack of middle class development in BRIC countries – Brazil, Russia, India and China…

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Saltiel: Delivering operational excellence is key to Atwood growth

Posted on 13 November 2013 in Drilling It Safely, Global and Regional Markets, News

From 2011 to 2015, Atwood Oceanics will more than double its total fleet, with nine newbuilds joining eight legacy rigs. Its first two ultra-deepwater…

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