Archive | News

Modular offshore rig design reduces deployment costs

Posted on 28 July 2014 in News, The Offshore Frontier

William Jacob Management (WJM) has introduced an offshore rig design that reduces deployment costs and improves speed-to-market for upstream operations. The 3,000-hp…

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Halliburton promotes Jeff Miller to President

Posted on 23 July 2014 in News

Halliburton has promoted Jeff Miller to President and has appointed him to the Halliburton Board of Directors effective 1 August 2014. Mr Miller is currently the…

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Statoil resumes production on Njord A platform

Posted on 23 July 2014 in Drilling It Safely, News, The Offshore Frontier

Statoil has resumed oil and gas production on the Njord A platform in the Norwegian Sea, after a major reinforcement of the platform structure. Production had been shut down…

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Petrobras’ domestic oil production tops 2 million bbl/day in June

Posted on 22 July 2014 in Completing the Well, Global and Regional Markets, News, The Offshore Frontier

Petrobras’ June oil production in Brazil averaged 2 million bbl/day (bpd), a 1.7% increase from May’s production of 1.9 million bpd. In addition, the production operated…

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Precision, Schlumberger partner to boost industrialization of North American unconventional drilling

Posted on 22 July 2014 in Innovating While Drilling, News, Onshore Advances, The Efficient Rig

Precision Drilling has entered into a strategic technology and service agreement and marketing alliance with Schlumberger. Utilizing Precision’s Tier 1 drilling rigs and…

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Easternwell to manage delivery of onshore servicing rig for Brunei

Posted on 22 July 2014 in Global and Regional Markets, News

Australia’s Easternwell, a subsidiary of Transfield Services, has expanded internationally through an agreement with Flux O.S. SDN BHD (Flux), a Bruneian oil and gas company…

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BOEM lease sale to offer 21 million acres in Gulf of Mexico for oil, gas development

Posted on 21 July 2014 in Global and Regional Markets, News, The Offshore Frontier

The US Bureau of Ocean Energy Management (BOEM) Acting Director Walter Cruickshank will offer more than 21 million acres offshore Texas for oil and gas exploration and development…

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Large-diameter Ball Type Safety Valves delivered for MWCC containment system

Posted on 21 July 2014 in Drilling It Safely, News, The Offshore Frontier

TIW Corp has completed and delivered two large-diameter Ball Type Safety Valves to Marine Well Containment Company (MWCC) for use with its expanded containment system. The class…

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First well in North Sea’s PL 507 turns up dry

Posted on 21 July 2014 in News, The Offshore Frontier

Tullow Oil Norge, operator of the production license PL 507, did not encounter hydrocarbons in the Lupus exploration well (31/10-1), which will now be plugged and abandoned…

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JIP to develop next generation of subsea production equipment

Posted on 21 July 2014 in Innovating While Drilling, News, The Offshore Frontier

FMC Technologies has established a joint industry program (JIP) that brings four operators – Anadarko Petroleum, BP, ConocoPhillips and Shell – together to jointly develop…

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