Archive | News

Vantage-invested JV to build ultra-deepwater drillship at STX

Posted on 29 November 2012 in Global and Regional Markets, News, The Offshore Frontier

Vantage Drilling has entered into a joint venture with an affiliate of Skeie Group to construct a high-specification drillship…

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Tullow’s Twiga South-1 well finds oil onshore Kenya

Posted on 27 November 2012 in Global and Regional Markets, News

Tullow Oil has encountered 30 meters of net oil pay in the Twiga South-1 exploration well in Block 13T onshore Kenya…

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Baker Hughes converts hydraulic fracturing units to bifuel pumps

Posted on 26 November 2012 in News, The Efficient Rig

Baker Hughes has converted a fleet of its Rhino hydraulic fracturing units to bifuel pumps…

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Rig count doubles in Utica Shale from year ago

Posted on 20 November 2012 in 2012, Global and Regional Markets, News

The number of active oil and natural gas rigs in the Appalachian Basin’s Utica Shale for the last week of October 2012 has doubled…

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Hercules Offshore makes executive management changes

Posted on 19 November 2012 in News

Hercules Offshore has appointed James W. Noe to executive vice president, Beau M. Thompson to general counsel and secretary…

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IADC president announces initiatives to raise global leadership, effectiveness

Posted on 15 November 2012 in IADC: Global Leadership, Global Challenges, News, Videos

Noting the dramatic changes in the industry over the last several years, Stephen Colville, president and CEO of IADC…

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Assessment, training and leadership foster confidence in competencies at BP

Posted on 15 November 2012 in Drilling It Safely, News

In the mission to deliver safe, compliant and reliable wells, people are the life of the operation, and individual…

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Analysis: Obama likely will look to ride on energy industry’s economic success

Posted on 15 November 2012 in Global and Regional Markets, News

Although the reelection of President Obama last week means a Democrat will occupy the White House for at least four…

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BSEE director explains INC policy, outlines strategic plan

Posted on 15 November 2012 in Global and Regional Markets, News

Providing the regulator perspective in a keynote address at the 2012 IADC Annual General Meeting in Scottsdale, Ariz., last week, Rear Admiral James Watson…

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Diamond Offshore shifting fleet to meet deepwater, ultra-deepwater demands

Posted on 15 November 2012 in Global and Regional Markets, News, The Efficient Rig, The Offshore Frontier

Supported by dayrates hovering around $600,000 and increasing rig demand from frontier areas…

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