Keppel AmFELS LLC was awarded a contract from Central Panuco S.A. De C.V to build a KFELS B Class jackup rig worth US$240 million. Scheduled for delivery in late 2015, the jackup rig is intended for operations in offshore Mexico. This…
Churchill Drilling Tools, provider of systems for the drilling and completions markets, has announced the deployment of its dart-activated DAV MX circulating valve at a record measured depth of 26,012 ft. The achievement was delivered out of Churchill’s recently-opened Houston base…
Subsea 7 on Cardona Subsea 7 was awarded a contract worth more than US$70 million by Stone Energy for Cardona field in the US GOM. Scope includes engineering, procurement, installation, and flowlines commissioning, risers, pipeline structures…
Lundin Petroleum subsidiary Lundin Malaysia won the approval of its Bertam field development plan from Malaysia's Petronas. The Bertam field marked Lundin’s first development project in the country. Bertam, located about 100 mi offshore Peninsular Malaysia in PM 307…
Maersk Drilling held a naming ceremony for its first ultra-deepwater drillship at Samsung Heavy Industries (SHI) in Geoje-Si, South Korea. The ship, called the Maersk Viking, was named by Nathalie Newman, wife of Harry E. Newman Jr., ExxonMobil Global Drilling Manager…
The Bureau of Safety and Environmental Enforcement (BSEE) will be issuing new requirements for the blowout preventers (BOP) by the end of the year, according to agency director Brian M. Salerno. BOPs are large, high-pressure valves used…
Petroleo Brasileiro (Petrobras) completed its semisubmersible P-55 floating production, storage and offloading (FPSO) vessel nearly six years after it was contracted. It passed testing and certification in the Rio Grande dock (ERG-1). The…
Maersk Oil Qatar (MOQ) and Gulf Drilling International (GDI) have signed two new contracts; one two-year contract for the GDI jack-up drilling rig (rig B-341), and another three-year contract for a new GDI offshore accommodation jack-up. The…
Following Mitsui’s decision to divest its 35% share of the project, AWE Limited, New Zealand Oil & Gas, and Pan Pacific Petroleum, via their subsidiaries, will increase their respective interests in the Tui area oil project for $US14.9 million…
Noble Energy, Inc. has downgraded the gross resource potential of its A-2 appraisal well, drilled on the Block 12 discovery offshore the Republic of Cyprus. With the reserve potential initially set between 5-8Tcf, the company has now lowered its figures to 3…
Dubai-based Dragon Oil plc has leased two LeTourneau S116E jackup rigs from BKE Shelf Ltd to use in its Cheleken Contract Area, offshore Turkmenistan. The Neptune and Mercury have been contracted for a period totaling three years. Neptune…
Lundin Norway AS confirmed a significant oil find in its Ghota discovery following the completion of a successful flow test of exploration well 7120/1-3, which proved gas flow at a rate of approximately 4,300 b/d. The test showed good production…
BG Group successfully completed a drill-stem test in the Pweza gas field in block 4 off southern Tanzania. The Pweza-3 appraisal was drilled approximately 2km north of the original Pweza discovery well by the Deepsea Metro-1 drillship in 1400m of water…
Baker Hughes Inc. announced the availability of its StayCool™ multidimensional cutter, which helps operators drill to total depth faster and more cost effectively by extending cutter life and footage per run. Used exclusively on the Hughes…
Salamander Energy plugged and abandoned its offshore Ayutthaya exploration well prospect in Block G4/50 in the Gulf of Thailand as a dry hole. Ayutthaya is located less than 1 mi. northeast of the recent Surin oil discovery. The well was spud earlier this month…
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