Shale gas in China has seen significant progress over the last decade, growing to nearly 600 wells and 9 bcm of production last year, Wood Mackenzie reports...

Diamond Offshore Drilling announced the launch of its Sim-Stack service, the offshore drilling industry's first cybernetic BOP service enabling Diamond Offshore to continuously and accurately assess BOP status. When issues arise, the Sim-Stack service immediately determines a proper course of action while providing a third party statement of fact to the operator, BSEE and other regulatory bodies...

KCA Deutag's Norwegian subsidiary has received an extension for its drilling and maintenance contract on the Ringhorne platform...

Drilling efficiency is the key to unconventional success. This has made the autonomous anti stick-slip technology (AST) of Tomax possibly the fastest growing technology in the industry...

A sales process has been initiated for the sale of all shares in Iceland Drilling. Iceland Drilling is owned by SF III, a fund managed by Stefnir Asset Management, private investors and employees. Iceland Drilling was established in 1986 on the foundations of its state-owned predecessor that had operated in drilling of geothermal wells in Iceland since 1945. The key aim with establishing Iceland Drilling was to maintain and enhance within the company the specialized knowledge and skill acquired in the field of onshore drilling over the past decades. Iceland Drilling is a dominant player in the Icelandic market in addition to participating in tenders all over the world. The company has gained significant experience in high-temperature drilling and will ...

Proserv has secured a contract worth over $5.5 million (45 million Norwegian Kroner) with Repsol to upgrade and build new subsea production control equipment for the Yme field redevelopment in the Norwegian North Sea...

Rowan Companies renames two of its latest rigs in honor of two late company retirees who contributed to the company's growth...

A 50:50 joint venture (JV) between Maersk Drilling and Maersk Supply Service will leverage the companies’ heritage of over 50 years of safe and efficient operations to provide decommissioning services to oil and gas operators...

Independent global completions service company Tendeka has been awarded a multi million dollar contract to deliver autonomous inflow control devices (AICD) screens for an operator in Sub-Sahara Africa...

BP announced that it has signed a memorandum of understanding to explore areas of cooperation with Petrobras...