The oil and gas exploration and production company International Petroleum Corporation (IPC) has commenced drilling the first well in a planned multi-well drilling program on Block PM307, located offshore Peninsular Malaysia.Canada-based IPC…
Maersk Drilling announced Tuesday it has secured contracts for a two-well project for the drillship Maersk Valiant with Repsol Exploración Mexico, S.A. de C.V. for work in Block 10 and 29 offshore Mexico in the Gulf of Mexico.The contracts have…
Houston-based oil and gas company GulfSlope Energy has executed a drilling services contract with Ensco Offshore Company, a subsidiary of EnscoRowan, to secure and utilize the Ensco 102 jack-up rig.The U.S. Gulf of Mexico focused independent…
Brazilian state-controlled oil company Petróleo Brasileiro SA said on Friday it had made a $700 million payment to oil services provider Vantage Drilling Company in a case involving a contract that it had terminated.Petrobras, as the oil company is known…
The Valhall Flank West topsides were installed on the Valhall field on Saturday, 14 months after the first steel was cut at Kvaerner’s yard in Verdal. Both the topsides and the jacket were delivered ahead of schedule, under budget and with no serious injuries…
The Satti floating drilling unit owned by Kazmortransflot National Maritime Shipping Company of Kazakhstan has been delivered to Azerbaijan.Baku hosted an official ceremony of receiving the Kazakhstani self-elevating floating drilling rig, said a press release…
Danish-based Maersk Drilling said on Friday it has sold the Maesrk Giant jack-up drilling rig to the Poland's LOTOS Petrobaltic GroupThe rig will be renamed Giant, and the new owners will use the jack-up for drilling solely in the Baltic Sea…
An industry that operates in some of the harshest environments in the world sometimes needs to call on the toughest material for wear parts.Enter the industrial diamond, discovered in the 1950s. Synthetic diamondcan tolerate abrasive, high-temperature…
Fully-automated drilling aboard a semisubmersible or jack-up drill rig powered by batteries has just become a reality. As May 2019 got underway, new, modern rigs were being ordered on more exploration, and no fewer than eight modern rigs — seven…
Turkey launched a second drilling ship on Thursday which will conduct natural gas operations off the northeast coast of Cyprus for three months, a move which risks aggravating a conflict with Cyprus over jurisdiction rights for oil and gas exploration…
The Norwegian Petroleum Directorate (NPD) has announced that it has granted Equinor Energy AS a drilling permit for well 6507/2-5 S.Equinor Energy AS is the operator with an ownership interest of 40%.Well 6507/2-5 S will be drilled from the West Phoenix drilling facility…
Water-based and non-aqueous drilling fluids and its associated drill cuttings are the largest waste streams generated in global offshore drilling operations. Because of this, there are regulations in place which govern how companies dispose of the materials generated from the wellbore…
Some 922 workers on Norwegian offshore oil drilling rigs and floating production platforms could potentially go on strike on June 28 unless a pay deal is agreed, Norway's largest oil workers union Industri Energi said on Wednesday.The strike would hit oil companies' exploration efforts this summer…
A BP drilling rig reached its destination in the North Sea on Wednesday after 11 days of delays due to Greenpeace protests over climate change, the activist group said.The 40,000-metric-ton Paul Loyd JNR left Cromarty Firth, north of Inverness…
Cyprus and Greece heaped pressure on the EU on Tuesday to take action against Turkey over gas drilling in disputed waters, as Ankara said it would step up exploration in a move that could further strain ties with Western allies.Turkey and Cyprus…
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