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BHP Billiton brings first new GOM deepwater well online since moratorium

Posted on 07 June 2011 in News

BHP Billiton Petroleum announced on 7 June that it is the first company in the deepwater Gulf of Mexico to bring…

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Contractors awarded jackup work, FEED project for modular rig

Posted on 07 June 2011 in News, The Efficient Rig

KCA DEUTAG has been selected by Woodside Energy to carry out a major front end engineering design (FEED) contract relating to a 3,000-hp modular…

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Petronas to enter shale gas market in Canada

Posted on 07 June 2011 in News

Petronas has formed a strategic partnership with Canada-based Progress Energy Resources Corp to develop the Altares, Lily and Kahta shale gas assets in…

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Impending deepwater drilling offshore Cuba heightens environmental awareness

Posted on 24 May 2011 in News

Clear blue sky. Turquoise ocean. Pristine beach. Will this picture of the Gulf of Mexico (GOM) be the same a…

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Cuba, experienced partners ready for deepwater responsibilities

Posted on 24 May 2011 in News

“Companies active today in Cuba are very well experienced from the stewardship point of view,” professor Jorge…

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Petroleum engineering students get eye-opening experience at IADC Environmental Conference

Posted on 24 May 2011 in News

When Stephanie Liddelow, a petroleum engineering student from the University of Trinidad and Tobago (UTT)…

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Aging fleet, market bifurcation mean it’s really different this time

Posted on 24 May 2011 in News

“It’s different this time” is a phrase that the industry has heard numerous times through past boom and bust cycles over the decades. This time, however…

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Aramco’s Assaadan: Personnel development among most critical issues for Middle East

Posted on 24 May 2011 in News

Saudi Aramco may have to double or even triple the workforce on its rigs in the coming years in order to…

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In times of unrest, rig should use isolated location to its advantage

Posted on 24 May 2011 in News

This industry is in the business of keeping its employees safe, and with civil and political unrest unfolding this year – often rapidly and unexpectedly…

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Gas prices could dip below $3 this summer, but US onshore rig count expected to rise

Posted on 24 May 2011 in News

From a macro level, Raymond James & Associates has not changed its view of the outlook for natural gas in the US…

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