UK based, oil and gas technology company Brinker is celebrating a year of zero failures as its game-changing Platelet barrier technology redefines working practices in the global well integrity market. It is estimated at any one moment, across the world, between 20 and 30% of existing wells do not operate due to integrity issues. Brinker’s Platelet technology enables operators to bring shut-in wells or wells producing under dispensation back online in a matter of hours. More than 30 workover jobs have been carried out in the last year from the Arctic ice cap to the deserts of the Middle East, in temperatures ranging from minus 40 degrees Celsius to plus 50 degrees Celsius - all completed with a 100% success rate. Demand for Brinker’s technology in North America has been such that the company recently set up an office in Houston, as it continues to grow its market share in the region. Brinker has developed its unique Platelet barrier technology, and its Telepath leak location system to provide instant downhole rigless thru-wellhead workover services for simultaneously finding and fixing tubing and casing leaks in wells. The company’s Platelet technology - applied through the wellhead - eliminates delay, costs, risks and logistical issues associated with a rig workover. Platelets can restore full production capacity in a matter of hours, by finding and fixing leaks from the wellhead down
Dockwise Ltd. announced nine near and midterm contracts awarded to its subsidiary, Dockwise Shipping, for the transportation of jack- up and semi submersible drilling rigs, dredging equipment and various other cargoes. Total revenues for the contracts are approx $45m. On behalf of Noble Drilling, Dockwise Shipping is to transport the drilling rig Noble Roy Butler to its new assignment in the Gulf of Mexico. Following the recent announcement that Dockwise had been contracted to
Statoil has awarded Island Offshore a framework agreement for a new light well intervention (LWI) vessel on the Norwegian continental shelf (NCS). The third of its type in Statoil’s portfolio the vessel will help reduce the costs of well interventions and enhanced oil recovery. Statoil has awarded Island Offshore a framework agreement for light well intervention (LWI) services from their vessel Island Constructor
Fugro Structural Monitoring, a division of Fugro Global Environmental & Ocean Sciences Ltd., has been awarded a contract from FMC Technologies to provide a riser management system for the completion/workover riser for Statoil’s Tyrihans Field in the Norwegian North Sea. Working in partnership with MCS, Fugro Structural Monitoring will supply its riser management system, IRIS-RMS, for the project’s C/WO rig. Tyrihans is one of the biggest development projects on the Norwegian
KCA Deutag, Odfjell Drilling, and Archer are to share 30 billion kroner’s (USD 5 billion) worth of Statoi offshore drillingl contracts on the Norwegian Continental Shelf The five billion dollar assignment includes drilling of new wells, plugging of old wells, workover and maintenance of drilling facilities on 18 of Statoil’s 20 fixed platforms on the Norwegian Continental Shelf (NCS). According to the company, it is the largest NCS contract award since 2010.
Superior Energy Services’ Marine Services Division christened its new 175-ft class liftboat, the Superior Future, on Friday, June 27 at Marine Industrial Fabrication at 4912 Marina Rd., New Iberia, La. Connie Babin, Superior’s Marine Services Division traffic coordinator, performed the christening. Guests from the industry, media and local government had the opportunity to tour the vessel, and lunch was served onboard.
Wolrdwide Offshore Rig Counts Continue To Rise Offshore rig counts continue to rise, according to Offshore Data Services' weekly mobile offshore rig count. The U.S. Gulf's offshore rig utilization rate jumped over 80 percent for the first time since late 1998 due to a net five-rig increase in contracted rigs in the region. This week, 161 of 199 rigs are under contract in the region. U.S. Gulf mobile offshore rig utilization is 81.0 percent.
The U.S. Gulf of Mexico offshore rig count continues to rebound, according to Offshore Data Services' weekly mobile offshore rig count. This week, 149 of the 191 mobile offshore drilling rigs in the U.S. Gulf are under contract, a four-rig increase over last week's week count and a seven-rig increase on a month-to-month basis. U.S. Gulf rig fleet utilization this week is 78.0 percent. The European offshore rig count continues to decline
The U.S. Gulf of Mexico rig count declined for the first time in four weeks, according to Offshore Data Services' weekly mobile offshore rig count. This week, 149 of the 191 rigs deployed in the U.S. Gulf of Mexico are under contract, two less than were under contract last week. U.S. Gulf offshore rig utilization now stands at 78.0 percent. The European offshore rig count declined by one rig, the result of a contracted rig moving out of the area
Worldwide offshore rig utilization climbed slightly the week ending March 9, according to ODS-Petrodata Group. Global rig utilization climbed 0.1 percent to 87.4percent, due to a one-rig net increase in contracted rigs, ODS reported. U.S. Gulf rig utilization was unchanged at 88.2 percent, with 186 out of the region's 211 mobile offshore rigs under contract. European offshore rig utilization decreased by 0.1 percent to 92
Offshore rig driller Seadrill is facing another two years in the doldrums but hopes the international rig market could turn around in 2017. Rig rates have more than halved since the peak two to three years ago and in several cases are now below breakeven costs.
Italian oil company Eni has received permission from Norway's Petroleum Safety Authority to extend the use of a service rig on its troubled Arctic Goliat oil field offshore Norway until Nov. 30, the regulator said on Thursday. The Floatel Superior rig is used to house hundreds of crew members
Lifting Gear Hire (LGH), a company providing lifting and moving equipment for rent and sale, announced the addition of several new products to its equipment rental fleet. Joining the company’s rental portfolio is a 4x4x2 Gated Material Basket, as well as several new rigging rollers
U.S. energy firms cut oil rigs for a third week in a row this week, data showed on Friday, a sign the latest crude price weakness was causing drillers to put on hold plans announced several months ago to return to the well pad. Drillers removed 8 rigs in the week ended Sept
U.S. energy firms cut a surprisingly sharp 13 oil rigs this week, the first drop in seven weeks, as a renewed slump in prices this summer forced drillers to make a second round of cut-backs. The decline erases weeks of small gains and brings the total to the week ending Sept
Safety equipment manufacturer VIKING Life-Saving Equipment said its Offshore Safety Agreements are providing relief for offshore operators seeking to ensure compliance for their safety equipment with minimal in-house administrative overheads in a new, cost-focused paradigm.
Keppel FELS, a wholly owned subsidiary of Keppel Offshore & Marine (Keppel O&M) has delivered UMW Naga 8, a KFELS B Class jackup rig, to Malaysia’s UMW Oil & Gas Corporation Berhad (UMW-OG). It was completed 32 days ahead of schedule, on budget and with a perfect safety record
With the release of ShipConstructor 2016 R1.1, SSI said it provides additional enhancement for the offshore rig construction market, particularly with regards to weld management. These new features will benefit all shipbuilders, the developer noted
Singapore's Keppel Offshore & Marine (KOM), via subsidiary, Keppel Offshore & Marine USA has inked a deal with Cameron International Corporation, a US-based oil and gas solutions provider, to acquire its offshore rigs business for US$100mln.
Cnooc Ltd., China’s biggest offshore oil and gas explorer, posted a 56 percent decline in profit for the first half of this year. Net income dropped to 14.73 billion yuan ($2.3 billion), or 0.33 yuan a share, from 33.59 billion yuan, or 0
The turmoil spreading from China is certainly not good for the shipping market, says billionaire John Fredriksen to Bloomberg News. John, the billionaire who made his fortune investing in crude tankers, said he’s “very worried” on global shipping markets
U.S. crude oil prices on Friday dove below $40 a barrel for the first time since the 2009 financial crisis, notching their longest weekly losing streak in 29 years after a further rise in U.S. drilling and a drop in Chinese manufacturing.
U.S. energy firms added two oil rigs this week, the fifth week of increases in a row, after U.S. crude prices have fallen about a third from recent highs, data showed on Friday, a sign drillers remain undeterred by low prices. Reflecting plans announced in May and June, when U.S
Inchcape Shipping Services (ISS) has been appointed by Paragon Offshore, Houston, as marine and logistic services provider for a new drilling campaign off the Songo Songo Islands, Tanzania – the first new commercial drilling project in Tanzania in a number of years.
Drydocks World, a provider of maritime and offshore services to the shipping, oil, gas and energy sectors, informs it has serviced a record number of 40 vessels in its Dubai yard. With 40 vessels simultaneously in Drydocks World facilities—more than ever before in Drydocks World’s