Bahamas Petroleum Company (BPC) has been given more time to begin drilling at its offshore block in The Bahamas.In an update on Thursday, BPC said that it had received formal notification from the Government of The Bahamas that on an interim basis…
Danish offshore drilling company Maersk Drilling has recently upgraded its 2014-built Maersk Valiant ultra-deepwater drillship.While the Maersk Valiant was recently stacked offshore Port Fourchon the Managed Pressure Drilling (MPD) system was…
Bahamas Petroleum Company (BPC) has signed an offshore drilling rig contract with Stena Drilling. BPC will use the drilling rig to drill its Perseverance #1 prospect offshore The Bahamas.As previously reported, Bahamas has postponed the Perseverance…
Danish offshore drilling company Maersk Drilling has won an 11-month contract extension for its jack-up drilling rig Maersk Intrepid with Equinor in Norway, which will see the drilling firm earn more than $100 million.Maersk Drilling said Thursday…
U.S. oil firm Noble Energy has hired a 7th generation Maersk drillship for its drilling operation in Colombia.Maersk Drilling said Friday that Noble had awarded it a one-well contract for the Maersk Valiant drillship. The contract is set to begin in the third quarter of 2020…
From reporting on major new deepwater discoveries and impressive engineering and technological feats, to expert commentary on impactful market trends, Offshore Engineer delivered no shortage of exciting offshore industry coverage throughout 2019…
AFGlobal announced on Monday that its Active Control Device (ACD) has been approved by Petrobras for use on its wells in Brazil. This approval follows rigorous testing review at the AFGlobal’s Advanced Technology Center in Houston, the company said…
Two Houston based firms have teamed up to provide offshore drilling rig surveys, engineering and manufacturing for rig modifications or upgrades.Marine engineering and naval architecture firm Zentech Incorporated said it has partnered with fabrication…
Enhanced Well Technologies AS, a company owned and controlled by EV Private Equity together with Shell Ventures B.V. and the IKM Group, announced the acquisition of riserless mud recovery services provider IKM Cleandrill AS. This acquisition…
Brazilian petroleum giant Petróleo Brasileiro (Petrobras) has contracted Seadrill’s drillship West Tellus for a new two-year program offshore Brazil.Seadrill, a deepwater drilling contractor for the petroleum industry, said in a press note that the likely contract value is around $170 million…
Following a few years of low oil prices and a drop in rig utilization rates, drillers remain focused on ways to improve operational efficiency and safety.Many of the improvements to rigs are evolutionary, such as automation, remote control and sensing…
Houston-based networking solutions provider RigNet announced on Tuesday that Brazil’s Ocyan has signed a multi-year agreement and selected Intelie Live, RigNet’s machine learning-based analytics platform, to be used at its Drilling and Marine Operational Support Center (CSD)…
The Irish-domiciled multinational oil and natural gas service company Weatherford International plc unveiled Victus intelligent managed pressure drilling (MPD), an Industry 4.0 solution that features intelligent control, equipment automation…
Billing it as Industry 4.0, Weatherford launched its automated managed pressure drilling (MPD) riser system in Houston this week. The automated riser system combines with artificial intelligence, condition-based maintenance and additional sensors to speed operations…
The U.S. Department of the Interior’s Bureau of Safety and Environmental Enforcement (BSEE) defines a high-pressure/high-temperature (HP/HT) environment as any reservoir that requires completion equipment or well control equipment with an assigned pressure rating greater than 15…
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