Baker Hughes issued the August 2014 international rotary drilling rig count, showing a total of 1339 rigs operating worldwide in August 2014, outside of the US & Canada. The results show a decrease of 43 from the 1382 counted in July 2014…
ABB is to deliver total power solutions to Ocean Rig’s two new seventh generation integrated design mobile offshore drilling units (MODU), being built by Samsung Heavy Industries (SHI) at Goeje shipyard in Korea. The contract includes…
Sevan Drilling's cylindrical drilling unit, the Sevan Louisiana (pictured), continues to encounter operational difficulties due to the BOP and supporting systems, the firm said today (September 8). An original issue with the unit's BOP…
Rig design and engineering firm RDS has been awarded a front-end engineering design (FEED) contract by AMEC for Premier Oil’s Sea Lion development in the North Falklands Basin. The FEED work is part of AMEC’s overall FEED contract for…
Vigilance remains key when it comes to offshore cyber security. Gregory Hale explains. Interconnected systems can be risky. Photo: OE Staff. Computer networks on offshore oil…
In advance of OE’s 2014 Global FPSO Forum, Managing Editor Audrey Leon spoke with Peter Lovie, Senior Advisor, Floating Systems for Peter M Lovie PE, LLC, and program chair for Global FPSO Forum; Arjan Voogt, MARIN USA; and Bruce Crager, Endeavor Management…
Greece-based exploration firm Energean Oil & Gas has launched a US$225 million investment program to develop 30MMbbl of reserves in North West Greece and to increase production from the Prinos, Prinos North and Epsilon fields to 10,000bbl/day by 2016…
Marine scientist Dr. Quenton Dokken will examine the 'Rigs to Reefs' program, an effort to transform oil rigs in the Gulf of Mexico into artificial reefs, on 26 August at the George Bush Presidential Library and Museum at Texas A&M University…
Baker Hughes issued the July 2014 international rotary drilling rig count last week, showing a total of 1382 rigs operating outside the US & Canada. International activity in July was up 38 rigs from the 1344 rigs drilling in June 2014…
The Inez H. Eymard lift boat. Photo from Nick Welz, Tetra Tech Inc. Dominion Virginia Power is using L/B Inez H. Eymard for geotechnical site work this summer. Throughout July…
Research and Markets analysts forecast that the global offshore drilling market will grow at a compound annual rate of 10.9% (CAGR) over the period 2013-2018. One of the key factors contributing to this market growth is the increase in…
The Fugro Synergy. From Fugro Drilling and Well Services. Plugging and abandonment accounts for about 43% of decommissioning costs. Operators and service companies are looking at ways to reduce the bill…
Lundin Norway's first appraisal well in the Barents Sea Gohta oil discovery offshore Norway has confirmed the presence of oil and gas, says a partner on the well Noreco. Two production tests were also undertaken, the firm said today (21 July)…
Tullow Oil Norge's Lupus well, in production licence (PL) 507, in the Norwegian North Sea, is to be plugged and abandoned after failing to find hydrocarbons. The well (31/10-1), which was 35km southeast of the Oseberg Sør Field and 110km west of the island of Sotra…
Baker Hughes issued the June 2014 international rotary drilling rig count this week, showing a total of 1344 rigs operating outside the US & Canada in June. International activity was down 6 rigs from the 1350 rigs drilling in May 2014…
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