Houston-based managed pressure drilling systems specialist Managed Pressure Operations International reports that it is expanding its delivery of the innovative Non-Stop Driller (NSD) continuous circulation system.Devoloped to maintain…
Schlumberger’s Petrel 2012 E&P software platform release is designed to strengthen integration between geophysics, geology and reservoir engineering, including systematic exploration risk assessment, pre-stack seismic workflows, and efficient reservoir simulation results analysis…
Halliburton’s Boots & Coots has acquired Old School Services to enhance its pressure control offerings and provide operators with the throughtubing equipment resources required by today’s rapidly growing unconventionals, horizontal drilling and multistage completions markets…
Customized bits enabled Petrobras to successfully drill hard carbonates of pre-salt reservoirs and hard and interbedded post-salt formations of two different offshore wells, while at the same time lowering vibrations, increasing rates of penetration…
French premium tubular solutions specialist Vallourec reports that its new-generation Vam 21 threaded connection is now also enjoying commercial success in the Middle East after making early market inroads in the North Sea, Brazil and Southeast Asia…
Joe Gardner has been appointed a member of the United American Petroleum advisory board. A 45-year veteran of the oil & gas exploration and drilling sector, Gardner most recently served as a drilling consultant for Talisman Energy USA.
A flurry of early contracts marked August's official sanction of the £1.4 billion development of Cygnus, the largest southern North Sea gas discovery in the last 25 years. Meg Chesshyre reports.GDF Suez, which will operate Cygnus on behalf of partners Centrica and Bayerngas…
The worldwide mobile offshore drilling fleet has seen modest but steady increases in utilization since the beginning of the year. Currently, worldwide utilization stands at 78% whereas at the start of the year it was hovering around 73%.Recently…
Drill rig manufacturer Integrated Drilling Equipment (IDE) has acquired drilling control and automation specialist S&P Drives Automation Controls and rebranded it International Electric Company Automation & Controls. IDE chief executive Steve…
Enteq Upstream has acquired KM Services and Pro-Flow Fabrication Technologies and will rebrand them Enteq KMS. The two companies, both based in Houston, supply machined and fabricated parts and products for directional drilling, mud motor and measurementwhile-drilling equipment…
Ocean Riser Systems has joined forces with Enhanced Drilling Solutions, a division of AGR Group, to form AGR EDS-ORS. The move follows AGR’s agreement to purchase the entire shareholding in ORS, subject to financing and board approvals. The transaction was expected to complete in late August…
French-owned utility group GDF Suez is stepping up its UK exploration and production operations with the goal of becoming a major player in the North Sea. The company's UK E&P arm has been involved in the sector for the past 15 years, but is now working up major expansion plans…
Bill Walkingshaw has been appointed GM of Aberdeen-based QTEC International. He joins the company, which provides fluid-handling and containment services on drilling installations, from TWMA.
Against a background of continuing financial uncertainty the oil price remains reasonably high, as does the level of activity in the North Sea, particularly in Norway with the planned development of the substantial Johan Sverdrup find. Reserves estimated at 1…
Overall, total capital investment on developing UK oil & gas reserves rose by 40% to £8.5 billion in 2011, according to Oil & Gas UK's 2012 Economic Report. Confirmation in the 2012 UK Budget of measures to promote activity in a targeted way…