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Video: Next IADC Land Contract update to start in 2016

Posted on 21 October 2014 in IADC: Global Leadership, Global Challenges, News

The latest version of the IADC Land Contract was released in November 2013. Various incidents, including Macondo, delayed the release. “It’s an industry contract…

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Moomjian: ‘Honesty is the best policy in doing business’

Posted on 21 October 2014 in News, Videos

With more than 35 years in industry, Cary Moomjian, President of CAM OilServ Advisors, has seen the industry come a long way in terms of compliance and business ethics…

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Video: Companies prepare for EU Offshore Safety Directive compliance

Posted on 21 October 2014 in Drilling It Safely, News

Earlier this year, Sir Ian Wood released a report on maximizing recovery from the UK Continental Shelf and recommended a new independent regulator to focus more on licensing…

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Ocean Rig awarded extensions for ultra-deepwater drillships in Brazil

Posted on 20 October 2014 in Global and Regional Markets, News, The Offshore Frontier

Ocean Rig has been awarded extensions for its two ultra-deepwater drillships, the Ocean Rig Corcovado and the Ocean Rig Mykonos by Petrobras for drilling offshore Brazil…

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BG Group appoints Helge Lund as CEO; Statoil appoints Eldar Sætre as acting President and CEO

Posted on 16 October 2014 in News

“It has been a privilege to lead Statoil during 10 very exciting years,” Mr Lund said. “Together we have created values for Statoil’s shareholders and the society…

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Eni signs two PSCs for offshore exploration in Vietnam

Posted on 15 October 2014 in Global and Regional Markets, News, The Offshore Frontier

Eni has signed two production-sharing contracts (PSCs) with Petrovietnam for the exploration of blocks 116 and 124, located off the coast of Vietnam…

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OneSubsea awarded contract for PEMEX Lakach deepwater development

Posted on 13 October 2014 in Global and Regional Markets, News, The Offshore Frontier

OneSubsea, a Cameron and Schlumberger company, has been awarded a subsea production systems contract totaling more than $270 million for the Lakach deepwater project…

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Shell starts oil production from Gumusut-Kakap deepwater platform in Malaysia

Posted on 08 October 2014 in Global and Regional Markets, News, The Offshore Frontier

Shell has started oil production from the Gumusut-Kakap floating platform off the coast of Malaysia, the latest in a series of Shell deepwater projects…

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5 principles to follow for reducing risk of anti-corruption violations

Posted on 08 October 2014 in Global and Regional Markets, News

In 2007, the US Department of Justice initiated an industry sweep targeting oilfield service companies, instigated by the government’s perceptions of the industry’s…

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Transocean takes proactive approach to malaria protection, control

Posted on 08 October 2014 in Drilling It Safely, News

Although Ebola is the disease that’s dominating the bulk of media attention these days, malaria is perhaps the disease that companies should be thinking more about in…

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