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Rowan Norway wins contract with ConocoPhillips

Rowan Companies has announced that the Rowan Norway, an N-Class ultra-harsh environment jackup rig, has been awarded a contract in Norway by ConocoPhillips Skandinavia AS (COPSAS) for an estimated duration of seven months that is expected to commence in Q2 2019. The contract award is subject to partner approval. Following the initial contract term, COPSAS has two options. The first option has an estimated duration of five months and the second an estimated duration of nine months. The Rowan Norway is currently under contract with Turkish Petroleum in the Mediterranean Sea until approximately late April 2019.

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Gardline announces new CEO to drive Gardline’s 2019 growth strategy and empower the transforming energy sector

Gardline has announced the appointment of Christiaan Vermeijden as Chief Executive Officer. Christiaan Vermeijden will replace Gardline’s current interim CEO, Gerben Eggink. “I am honoured to become CEO of Gardline, a company I have long admired for its strong reputation and rich heritage,” Mr Vermeijden said. “I am looking forward to working with my new colleagues to make Gardline even more successful and realize its mission of empowering an energy industry in transition with marine surveying that is second-to-none.” “We’re seeing the green shoots of a recovery in offshore exploration and production, and consistent strong growth in offshore renewables,” Mr Vermeijden added. “Our partners recognize that Gardline’s marine geophysical, geotechnical, and environmental surveys will be vital for them to succeed in a ...

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DeltaTek wins multi-well deepwater SeaCure contract with Energean Israel

DeltaTek Global has announced an international contract award by Energean Oil and Gas to supply its proprietary SeaCure cementing technology to support the Karish deepwater project in Israel. DeltaTek will provide optimization services using its SeaCure technology for all 20 in. surface casings, which will be drilled from the Stena DrillMAX in approximately 1750 m of water. DeltaTek will initially deploy SeaCure in four wells in Q1 2019. SeaCure is a unique system which delivers stabbed-in, inner string cementing for subsea wells. The technology provides a range of major cost and time saving benefits to drilling and field development operations – including elimination of shoetracks and clean out runs, improved cement placement and reduced displacement, offline casing pressure testing, and ...

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Trendsetter Engineering continues to deliver solutions in West Africa

Trendsetter Engineering is poised to deliver three Template Slot Adapters (TSA) and associated TCS connectors for a major operator in West Africa. Following a contract award in early Q3 2018, the equipment will be delivered in Q1 2019 from Trendsetter’s Houston facility. By utilizing the TSA, the operator will be able to reconfigure the template and associated manifold slots to allow for the tie‐in of satellite trees without removing the existing wellhead systems or production guide bases. This technology provides flexibility to add new wells, ultimately eliminating the need for specialized tooling and significantly reducing the vessel time necessary to complete the tie‐ins that are traditionally required to connect the template to a satellite well.

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BP plans for significant growth in deepwater Gulf of Mexico

BP has announced that it has approved a major expansion at the Atlantis field in the US Gulf of Mexico and has also identified significant additional oil resources that could create further development opportunities around the production hubs it operates in the region. The $1.3 billion Atlantis Phase 3 development is the latest example of BP’s strategy of growing advantaged oil production through its existing production facilities in the Gulf of Mexico. The approval for this latest development comes after recent BP breakthroughs in advanced seismic imaging and reservoir characterization revealed an additional 400 million bbl in place at the Atlantis field. Application of the same technology and analysis has now identified an additional 1 billion bbl in place at the Thunder Horse field. Elsewhere, two new discoveries near the Na Kika production ...

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ExxonMobil and IBM to advance energy sector application of quantum computing

ExxonMobil has stated that it has signed a partnership agreement with IBM to advance the potential use of quantum computing in developing next-generation energy and manufacturing technologies. The new partnership was formally announced during the 2019 Consumer Electronics Show (CES) in Las Vegas. As part of the agreement, ExxonMobil becomes the first energy company to join the IBM Q Network, a worldwide community of Fortune 500 companies, startups, academic institutions and national research labs working to advance quantum computing and explore practical applications for science and business. “The scale and complexity of many challenges we face in our business surpass the limits of today’s traditional computers,” Vijay Swarup, Vice President of Research and Development for ExxonMobil Research and Engineering Company, said. ...

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Maersk Drilling strengthens its board of directors

Maersk plans to separately list Maersk Drilling on Nasdaq Copenhagen during 2019, with the ambition of having the company ready to operate as an independent entity in due time before a listing. All key management positions relevant for an independently listed company are now filled with CEO Jørn Madsen and CFO Jesper Ridder Olsen constituting the executive management. The board of directors has been strengthened, reflecting a vast knowledge, experience and insight into the financial, operational, commercial as well as safety aspects and opportunities in various industry business models. Furthermore, the directors possess significant in-depth understanding of the geo-political and macro-economic aspects of the offshore drilling industry and its customers. The Board of Directors The board of directors now consists ...

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Barton Sponchia promoted to vice president at TAM International

TAM International has announced the promotion of Barton Sponchia to Vice President Western Hemisphere. “Under his leadership, Barton and his team have made significant improvements to the health of our operations in the Western Hemisphere,” Michael Machowski, TAM President, said. “He has demonstrated a commitment to Excellence at the Wellsite through positive contributions to TAM’s image and culture.” Mr Sponchia joined TAM in 2016 as Global Business Development Manager. He has over 28 years of international and domestic experience in the oilfield industry.  Prior to joining TAM, Mr Sponchia held various management positions at companies such as Baker Hughes, Schlumberger, and Archer Well Company. He has been active in promoting new technologies in the industry as an instructor, inventor, and board member of technical ...

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Rystad Energy: Frack jobs peaked in May/June

Rystad Energy’s analysis of preliminary data suggests that shale drilling activity in the US likely dropped to 44 jobs per day in November 2018. Rystad Energy concludes that nationwide fracking activity was mostly stable from April 2018 to August 2018 at an average daily level of 48 to 50 fracked wells. However, the fracking rate has slipped some since and remains between 44 and 46 in the period of September to November 2018. “After reaching a peak in May/June 2018, fracking activity in the Permian has gradually decelerated throughout the second half of 2018,” Lai Lou, Senior Analyst, said. “A key observation is that as we move into November, there is evidence that seasonal activity deceleration might have started in all major ...

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