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2021

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PESA, AESC merge to establish the new Energy Workforce & Technology Council The Petroleum Equipment Suppliers Association (PESA) has merged with the Association of Energy Service Companies (AESC) to form a new organization, the Energy Workforce & Technology Council. The combined organization will represent more than 600 member companies in energy services, supply, manufacturing and drilling, and will focus on enabling its members to safely, profitably and sustainably produce the energy needed to meet rising demand.  The new council will continue to deliver workforce development opportunities through trainings, certifications, best-practice sharing and standards development. It will also continue to seek to elevate and foster the vital role the oilfield service sector plays in the economy. Current PESA Chair Rod Larson, ...

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David Shackleton, IDS: Drilling industry shouldn’t underestimate potential for performance gains associated with data science

By Linda Hsieh, Editor & Publisher, and Jay Stracke, Editorial Coordinator Growing up in the town of Chorley in Lancashire – a region that was the industrial heartland of the north of England for centuries – David Shackleton did not have much direct exposure to the oil and gas business in his childhood. But he did grow up with a great appreciation for the role that fossil fuels played in the history of Lancashire – both in industries like cotton, a big business in the area due to its proximity to the port of Liverpool, and in the general betterment of people’s quality of living, by lighting homes and streets and allowing people to do basic things like cook food. ...

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Environment, Social and Governance

New Siemens technologies aim to help reduce fuel use, emissions from offshore rigs Siemens Energy recently announced efforts to deliver technologies aimed at helping offshore rigs reduce emissions. In one project with Maersk Drilling, Siemens has upgraded two CJ70 jackups in the North Sea with hybrid power plants that use lithium-ion energy storage. The rigs – the Maersk Intrepid and the Maersk Integrator – were retrofitted with the BlueVault batteries, which reduce the runtime of onboard combustion engines. In the Maersk Intrepid’s first month of operations with the full set of upgrades installed, the rig was able to reduce CO2 emissions by 25% and NOx emissions by 95% compared with its baseline averages. In another project – with Odfjell Drilling ...

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News Cuttings

Young Professionals survey: 70% of respondents have considered leaving oil/gas industry since March 2020 A whopping 70% of respondents to a recent survey conducted by the IADC Young Professionals (YP) Committee said they have either somewhat or strongly considered leaving the oil and gas industry since March 2020. Approximately 60% of the 200-plus responses came from young professionals ages 40 or under. The results of the survey were presented during a panel session at the 2021 IADC Sustainability Conference on 10 February by YP Committee members Amanda Colyer, Technical Sales Manager at Helmerich & Payne, and Travis Weaver, Marketing Manager at Cactus Drilling Company. To pinpoint the reasons for why such a high percentage of people would consider leaving the ...

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Drilling & Completion News

APA Corp (the parent company of Apache) and Total announced an oil discovery at the Keskesi East-1 exploration well in Block 58 offshore Suriname. The well, drilled by the Noble Sam Croft drillship, encountered targets in the upper Cretaceous-aged Campanian and Santonian intervals

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People, Companies and Products

Pete Miller to lead Baker Hughes, MHWirth joint venture Baker Hughes and Akastor have announced an agreement to create a joint venture company that will bring together Baker Hughes’ Subsea Drilling Systems (SDS) business with Akastor’s wholly owned subsidiary, MHWirth. The new company will be owned 50-50 by Baker Hughes and Akastor. Following the closing of the transaction, the company’s operations will be managed from current offices in Houston and Kristiansand, Norway. Merrill A. “Pete” Miller will serve as Chairman and CEO. Mr Miller has been in the oil and gas industry over 40 years, holding various leadership roles, including Chairman, President and CEO of NOV. The closing of the transaction is subject to customary conditions and is expected to ...

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