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2018

Drilling & Completion News

ADES expands Middle East, North Africa rig fleet ADES International Holding has signed a definitive agreement to acquire 31 onshore drilling rigs from Weatherford, as well as associated onshore drilling operations, for $287.5 million. Expected to close in the second half of 2018, the acquisition includes 12 rigs in Kuwait, 11 rigs in Saudi Arabia, six rigs in Algeria and two rigs in southern Iraq. Weatherford’s onshore drilling operations include associated assets, contracts, management systems and approximately 2,300 employees and contract personnel across Algeria, Kuwait and Saudi Arabia. The transaction brings the number of ADES’ onshore rigs in the Middle East and North Africa to 34.  In related news, on 12 June ADES closed its acquisition of three jackup rigs ...

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News Cuttings

IADC North Sea Chapter holds annual ceremony to recognize excellence in safety The IADC North Sea Chapter (NSC) recognized excellence in safety performance during its Annual Safety Awards Ceremony in Aberdeen on 20 April. Rowan Drilling’s Peter Wilson, who serves as Chapter Chairman, welcomed a capacity audience to the ceremony. “This event is our opportunity to applaud the efforts of our workforce in the vital area of safety,” he said. “Despite continuing challenging times, we should take heart from those safety leaders who strive to achieve the safest working environment possible, and I encourage everyone to consider how they can support them and make a difference.” The award for best safety performance in jackups went to Ensco for rigs working over 1 million ...

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Drilling & Completion News

Total to end participation in South Pars 11 in Iran Total has announced that it will not be in a position to continue the South Pars 11 (SP11) project in Iran as a consequence of the United States’ decision to withdraw from the Joint Comprehensive Plan of Action (JCPOA) and reinstate the US sanctions that were in force before the JCPOA’s implementation. The company will unwind all related operations before 4 November 2018, unless Total is granted a specific project waiver by US authorities with support of the French and European authorities. In 2017, Total executed the contract related to SP11, together with partner PetroChina and in full compliance with UN resolutions and US, EU and French legislation acceptable at ...

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Kenny Baker, Cactus Drilling: Safety starts with leadership demonstrating that they care about every individual on the rig

By Kelli Ainsworth Robinson, Associate Editor Many people first set foot on a rig site after they land their first job in the drilling industry. However, Kenny Baker, a Drilling Superintendent with Cactus Drilling, has been visiting rig sites since he learned to walk as a toddler. “My dad was in the oilfield for as long as I can remember,” he said. “We’d go out and check rigs with him when he was a drilling superintendent. We got to hang out with all of my dad’s co-workers from the oilfield. There would be different things that crews would do together, like go float the river. We always kind of looked up to the roughnecks.” After graduating high school in Rush ...

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Drilling & Completion Tech Digest

Diamond Offshore Drilling has launched its Sim-Stack service, a cybernetic BOP service enabling the company to continuously and accurately assess BOP status. When issues arise, the service immediately determines a proper course of action while providing a third-party statement of fact to the operator, US Bureau of Safety and Environmental Enforcement and other regulatory bodies...

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Wirelines

BSEE proposes revised well control rule On 11 May, the US Bureau of Safety and Environmental Enforcement (BSEE) published its proposed rule, Oil and Gas and Sulfur Operations in the Outer Continental Shelf – Blowout Preventer Systems and Well Control Revisions. This most recent version addresses concerns raised by stakeholders after the rule was initially introduced on 28 July 2016. Most notably, this proposal intends to: • Revise certain submittal requirements; • Clarify drilling margin requirements; • Remove references to lifeboats; • Remove certain prescriptive requirements for real-time monitoring; • Replace the BAVO requirement with use of third party; • Revise accumulator system requirements; and • Revise control station and pod testing schedules. In response to the proposed rule revisions, ...

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Transocean keeps focus on business strategy, customer alignment as it embraces ‘creative destruction’ through digital transformation

Sometimes innovation emerges from new technologies that enable a novel product offering or expansion of an existing product line. However, the most successful innovation takes root in new thinking, a new twist, a new angle or a paradigm shift that is aligned with business strategy to deliver value. As businesses and industries digitally transform, the driving force should be business strategy, with technology playing the fundamental role in the innovation process...

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People, Companies & Products

Transocean announces retirement of John Stobart Transocean announced that John Stobart, Executive Vice President, Chief Operating Officer and Chief Performance Officer, is retiring. Keelan Adamson, the company’s Senior Vice President of Operations, assumed Mr Stobart’s responsibilities, effective 1 June. “Under John’s leadership, Transocean re-established itself as the standard for excellence, delivering industry-leading performance in safety, uptime and drilling efficiency,” Jeremy Thigpen, President and Chief Executive Officer, said. “As a direct result of John’s unwavering commitment to both operational performance and procedural discipline, and to the development of the next generation of leadership, I have every confidence that Transocean will continue to build upon the solid foundation that John helped to establish.” Maersk Drilling appoints Morten Kelstrup as new CCIO Effective ...

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