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Monday, 14 November 2016 10:25

AkerBP, IKM agree to mud recovery services

IKM Cleandrill has been awarded a three-year frame agreement with AkerBP for riserless closed loop mud recovery services. The initial…
Sonomatic, a provider of automated ultrasonic inspection services, has developed a tool for the internal inspection of caissons. The integrity…
Monday, 07 November 2016 11:16

PVD spuds well, TGT campaign begins

The 2016 development drilling program offshore southern Vietnam on the Te Giac Trang (TGT) Field of Block 16-1 has commenced,…
Monday, 07 November 2016 09:14

Rystad: Rig work on decline in 2017

As the industry heads into the third year of the downturn, market fundamentals for the deepwater segment continue to fight…
Wednesday, 02 November 2016 06:56

Nexen eyeing Buzzard phase 2

The UK business of CNOOC-owned Nexen Petroleum is planning two high-pressure, high-temperature (HPHT) exploration wells in the North Sea, with…
Tuesday, 25 October 2016 13:37

Quadrant moves to Phoenix South-2

Quadrant Energy’s Phoenix South-2 (PS-2) well is expected to commence in the next seven days to appraise the Phoenix South-1…
Monday, 10 October 2016 03:29

40% reductions in new project costs

Without higher oil prices, many new projects are thought to be uneconomic. Or are they? Douglas-Westwood recently reviewed more than…
Friday, 07 October 2016 09:40

Transocean Winner loaded onto Hawk

The Transocean Winner has been loaded onto the Hawk semisubmersible heavy lift ship, and is preparing for its journey to…
Wednesday, 05 October 2016 08:57

Beleaguered rig readies for latest move attempt

UK authorities are hopeful that they may finally have a weather window to move the Transocean Winner semisubmersible rig. With…
Tuesday, 04 October 2016 11:12

NADL newbuild delayed again

North Atlantic Drilling (NADL) entered an amendment agreement with Jurong Shipyard that will extend the delivery deferral period of the…
Monday, 03 October 2016 03:29

New Lamprell CEO starts job

Dubai-based rig builder and engineering firm Lamprell's new CEO Christopher McDonald has taken up his role as firm enters "challenging…
Friday, 30 September 2016 04:16

Lamprell delivers rig, wins floatel contract

Rig builder and engineering firm Lamprell delivered its latest newbuild jackup and won a new contract.  The new US$90 million…
Friday, 30 September 2016 03:54

Songa sheds staff as strike bites

A strike by workers in the Norwegian sector has led to a number of rigs in the basin having to…
Tuesday, 27 September 2016 14:00

Looking toward the bright side

Quest Offshore, recently acquired by Wood Mackenzie in August, outlines the highlights of the global deepwater drilling market, region by region.…
Published in OE Exclusive
Friday, 23 September 2016 03:11

Weather delays Transocean Winner move training

A containment boom deployment training exercise ahead of moving a rig which had grounded on the Scottish coast has been…