Weatherford International announced the commercial release of JetStream Radio Frequency Identification (RFID) circulation sub at the 2015 Annual Technical Conference and Exhibition. Poor wellbore integrity can cause events such as stuck pipe…
Red Marine delivered a high capacity load test system, to Technip, for the periodic load testing of the pipelay system onboard the Skandi Africa, a newly built pipelay and construction vessel. The vessel has been specifically designed for…
Only two months after announcing the launch of their expanded test facilities, Hexham based Red Marine has announced another expansion of its testing capabilities with the development of a new high capacity test rig. The 200-tonne capacity…
Wood Group has been awarded the front end engineering and design (FEED) contract for the subsea development of the Talisman Energy Ca Rong Do (Red Emperor in Vietnamese) field offshore Vietnam; estimated to contain around 67 MMboe. Wood…
Helix Well Ops UK awarded OSBIT Power a contract to deliver new support structures and deck equipment for two of its new well-intervention vessels. The design of the deck layout of the Siem Helix…
Otto Energy spudded the Hawkeye-1 exploration well offshore Palawan basin in the Philippines on 31 July. The 36in conductor was run to 1906m and the 26in hole subsequently drilled to 2449m. Current operations are to cement the 20in casing string…
Red Emperor Resources NL announced that it has received formal notification from the Department of Energy of the Republic of the Philippines that approval of the assignment of the company’s 15% working interest in Block SC55 has been granted…
The US Department of Justice (DOJ) and the European Commission are digging deeper into Halliburton’s US$34 billion proposed acquisition of Baker Hughes by requesting additional information in discrete areas. Image from Baker Hughes…
Already deployed off Brazil and West Africa, Jerry Lee investigates a new way to intervene on wells — from the drill pipe. Animated picture of the ocean floor properties of Vallourec. Image from Vallourec…
The 2010 Deepwater Horizon spill came back to haunt BP once again in 2Q 2015, as the company reported a massive loss of US$6.3 billion, largely due to the deadly Gulf of Mexico incident. Bob Dudley…
Baker Hughes’ revenue of US$4 billion in 2Q 2015 marked a 33% drop year-over-year, and the company says it sees no relief in 2H 2015 as unfavorable market dynamics are expected to continue. Image from Baker Hughes Facebook…
Halliburton’s 2Q 2015 results have the company in the red, with a 16% drop in its total revenue, compared to 1Q 2015, that the company says is due to the industry’s recent downturn. Image from Halliburton…
Otto Energy has mobilized Maersk Drilling’s ultra-deepwater drillship Maersk Venturer for the Hawkeye-1 exploration well, offshore Philippines. The two companies originally signed a letter of intent back in March 2015. The Australian explorer says mobilization will begin on 31 July…
Strategic Corrosion Management (SCM) launched new systems to support improved tracking and management of integrity and corrosion anomalies for both on and offshore assets, supporting safety, productivity and cost management targets. An anomaly management module has been created for SCM’s…
Red Emperor Resources is raising US$4.4 million (AU$5.76 million) for its upcoming drilling a appraisal program offshore the Philippines. The Maersk Venturer. From Maersk. The activity will take place in the deepwater Block SC55…
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