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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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Equipment ownership provision of Nigerian local content act may require industry’s immediate focus

Posted on 07 October 2014 in Global and Regional Markets, News

The Nigerian oil and gas industry has evolved significantly since 2010, spurred by the local content act. Whereas the country used to be dominated by IOCs and…

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Douglas-Westwood: Angola, Nigeria, Algeria key countries to lead African production growth

Posted on 07 October 2014 in Global and Regional Markets, News

Angola and Nigeria will continue to dominate the West African drilling market even as Equatorial Guinea and Ghana emerge as major deepwater players in the coming years…

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Exclusive video: Industry must come together to manage major accident hazards

Posted on 07 October 2014 in Drilling It Safely, News, Videos

Each barrier to a process safety incident is only as strong as its weakest link, and the drilling industry must embrace collaboration to strengthen all barriers, Jitze…

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Maersk Drilling uses 3-step approach to build process safety management framework

Posted on 07 October 2014 in Drilling It Safely, News

The industry agrees that process safety is important, yet it can’t seem to really agree on what process safety actually means for drilling. Mark Campbell-Howes, Head of…

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Due diligence assessments, user friendly documentation critical to keeping employees safe in high-risk areas

Posted on 07 October 2014 in Drilling It Safely, News

As the drilling industry increasingly moves into high-risk and remote operating areas, companies must take strategic steps to protect their employees. With 17 rigs…

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Recent Drilling News

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  • 29 October 2014

    Baker Hughes launches all-electric intelligent well system

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  • 29 October 2014

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  • 28 October 2014

    First extension well in pre-salt Libra leads to oil discovery

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