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Statoil, ExxonMobil successfully test Zafarani reservoir in Tanzania Block 2

Posted on 03 March 2014 in Global and Regional Markets, News, The Offshore Frontier

Statoil and co-venturer ExxonMobil announced the results from their first drill stem test in the Tanzania Block 2 offshore discoveries. The data acquired is important to…

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BP begins oil production from Na Kika well in Gulf of Mexico

Posted on 24 February 2014 in Global and Regional Markets, News

BP has announced the first Na Kika Phase 3 well began oil production on 19 February, with a second well expected to start up in Q2. The project will include drilling…

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Rice University develops nanotracer tester to evaluate well connectivity

Posted on 24 February 2014 in Innovating While Drilling, News

Rice University has invented a tabletop device that can tell how efficiently a nanoparticle would travel through a well. The device gathers data on how tracers – microscopic…

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Maersk Drilling takes delivery of ultra-deepwater drillship Maersk Viking

Posted on 24 February 2014 in News

Maersk Drilling has taken delivery of its first ultra-deepwater drillship, Maersk Viking, from the Samsung Heavy Industries (SHI) shipyard in Geoje-Si, South Korea. Maersk…

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Ecopetrol extends contract with Welltec for conveyance, cutter technologies

Posted on 21 February 2014 in Innovating While Drilling, News

Welltec has been awarded a four-year contract from Ecopetrol Colombia for the supply of Well Tractor conveyance and Well Cutter services. The initial contract value is in…

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Statoil makes gas discovery in Kramsnø prospect in Barents Sea

Posted on 20 February 2014 in Global and Regional Markets, News, The Offshore Frontier

Statoil has together with PL532 partners made a gas discovery in the Kramsnø prospect in the Barents Sea. The exploration program around the Johan Castberg field has been…

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Seadrill secures contracts with PEMEX for 4 jackups

Posted on 19 February 2014 in Global and Regional Markets, News

PEMEX has awarded six-year drilling contracts to Seadrill’s West Oberon, West Intrepid, West Defender and West Courageous jackups. A fifth contract for the recently acquired jackup…

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Occidental Petroleum to separate California assets into new company

Posted on 14 February 2014 in News

Occidental Petroleum board of directors has authorized the separation of the company’s California assets into an independent and separately traded company. The new California…

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Diamond Offshore names Marc Edwards president and CEO

Posted on 13 February 2014 in News

Diamond Offshore Drilling has appointed Marc Edwards as president and CEO and as a member of the board of directors, effective 3 March. Mr Edwards succeeds Larry Dickerson…

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Eni makes oil, gas discovery offshore Congo

Posted on 13 February 2014 in Global and Regional Markets, News, The Offshore Frontier

Eni has made an exploration discovery in the Marine XII Block located approximately 17 km offshore Congo. The exploration well, Nene Marine 3, was drilled in a water depth…

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