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Under the farm down agreement, Zarubezhneft will carry Premier for its share of a two-well campaign to appraise the Tuna discoveries offshore Indonesia, scheduled to commence in the second quarter of this year. In addition, the companies secured Indonesian government approval for a one-year extension to the exploration period of the Tuna PSC to March 2022.

Since 2019, the Human Performance in Oil and Gas (HPOG) initiative has provided a platform for industry stakeholders to promote the application of human performance in every aspect of oil and gas operations, including drilling. In this interview with DC, Chris Parker, Human Performance Lead Adviser at BP and a member of the HPOG Steering Committee, speaks about the development of the initiative. Among other things, Mr Parker discussed the launch of HPOG’s website, which provides a wealth of resources that can assist companies as they work to develop their own human performance management systems, even if they lack the in-house expertise or framework to guide their decision-making.

Safe Influx, a provider of automated well control solutions, announced today it has been granted a patent by the United Kingdom Patent Office covering its Automated Well Control technology. The patent secures key elements of the technology, including a wide range of modules using the same technology. This patent recognizes the ability of the automated system to detect the presence of a fluid influx condition in a wellbore, make a decision against criteria to shut-in, and then automatically initiate an initial well control protocol that results in the well being safely shut-in. The Safe Influx Automated Well Control system enables fast identification, decision-making and reaction to well control events. This revolutionary technology is capable of reducing the size of an ...

New research published by DNV GL indicates a boost in investment for technologies that help the industry adapt to a lower-carbon future. According to the report, 57% of senior oil and gas professionals say their companies are planning to increase investment in renewables, up from 44% in 2020.

While large offshore discoveries at Brulpadda and Luiperd offer South Africa the chance to develop significant gas resources, there is no clear route to commercialization for operators in the area, according to GlobalData. Development of the country's gas resources face competition from established imports flowing from Mozambique, among other things.

The budget includes $450 million to fund a two-rig program in the Bakken, where the company expects to drill approximately 55 gross operated wells and to bring online approximately 45 wells in 2021. It will also spend $450 million to drill 12-15 exploration and appraisal wells on the Stabroek Block offshore Guyana.

The contract, which is set to begin in Q3 2021, will cover the Deepsea Stavanger's use on one firm well plus an option for up to eight additional wells. Odfjell said in a statement that the firm contract scope has an estimated value of approximate $11-14 million.

The goal of the campaign was to assess seabed conditions prior to the emplacement of a drilling rig at three proposed locations together with reconnaissance survey work at two additional platforms and along a number of proposed cable/pipeline routes.

With access to V.Ships’ international offshore marine service offering, the alliance will support Drillmar in extending its global footprint, while V.Ships offshore will add further specialized drilling and well services capability to their portfolio.

Precision’s Kevin Neveu named 2020 IADC Contractor of the Year Kevin Neveu, Precision Drilling President and CEO, was named the 2020 IADC Contractor of the Year in November. Mr Neveu served as IADC Chairman in 2019. A key initiative during his term was the expansion of IADC’s student chapters. He also led the association to bring the industry together to collaboratively address common challenges and to continue its focus on advocacy with regulators and governments worldwide. Mr Neveu, who has nearly 40 years of experience in the oilfield services sector, joined Precision Drilling in 2007. Previously, Mr Neveu was President of the Rig Solutions Group of National Oilwell Varco (NOV) and held senior management positions with NOV and its predecessor ...