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Statoil proves new oil resources near Grane field in North Sea

Posted on 22 October 2014 in News, The Offshore Frontier

Well 25/8-18 S, drilled by the rig Transocean Leader, proved an oil column of 25 m in the Heimdal Formation. The estimated volume of the discovery…

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IADC Cybersecurity Task Group to provide industry guidance to assess risks

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

The oil and gas industry is not immune to cybersecurity threats, from computer viruses and malware to targeted attacks. The IADC Advanced Rig Technology (ART) Committee…

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Check-6 launches RIGOR digital checklist and compliance system

Posted on 21 October 2014 in Drilling It Safely, News, Videos

Check-6 has launched RIGOR, a checklist-based mobile app to help simplify complex procedures and mitigate human error on the rig. Taking lessons from the aviation industry…

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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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