Home / Microsites / Global and Regional Markets (page 10)

Global and Regional Markets

Tendeka awarded world’s largest sand and inflow control contract for Troll field

Tendeka has secured a major four-year exclusive contract with Equinor to deliver sand-face completion equipment for its Troll field. The agreement, which offers an additional five two-year extension periods, will see Tendeka install up to 100,000 m of sand screens annually with its FloSure Autonomous Inflow Control Devices...

Read More »

New E&P company plans exploration strategy with high-graded, ready-to-drill prospects

Seapulse is building a global portfolio of 30 billion BOE gross prospects, including a fast-track portfolio of high-graded, derisked ready-to-drill prospects. In this video with DC, Mr Aitken talks about its strategic alliance with Maersk Drilling and how that’s leading to large-scale application of a lean collaboration model...

Read More »

Kellock: Still more rig retirements may be needed to improve contractors’ sustainability

The current environment for offshore drilling contractors is unsustainable and, while there is a move toward a better market, improvement has proven slow in coming. In this video, Mr Kellock discusses his outlook for the offshore market. Watch the video for more information...

Read More »

UK rig market turns a corner as E&A, development activities rally

After several years of strained cash flows and dim outlooks, things are finally starting to brighten up for drilling contractors in the UK and Norway. They can take comfort in the fact that several key metrics – number of wells drilled, utilization, contract lengths, and perhaps most importantly, dayrates – all indicate the market is heating up...

Read More »