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Newpark Drilling Fluids News

17 Dec 2023

Esgian: Rigs on the Move in Asia and Europe

Source: OMV

This week Esgian’s Week 50 Rig Analytics Market Roundup notes developments in the semisub sector including that Shell has decided to exercise its option on Stena Don in the North Sea but not on Deepsea Bollsta in Namibia. Meanwhile, a new contract for the Transocean Barents will see it operate in the Black Sea, and jackup Shelf Drilling Perseverance will move to Vietnam.ContractsShelf Drilling has secured a contract award for the 400ft Shelf Drilling Perseverance jackup rig with PetroVietnam Domestic Exploration Production Operating Company Limited (PVEP POC).

04 Nov 2013

Newpark Drilling Fluids Opens Technology Center

Photo: Newpark Drilling Fluids

Newpark Drilling Fluids held a grand opening ceremony for its Newpark Technology Center in Katy, Texas. The celebration commenced with skydivers parachuting in while displaying American, Texas and Newpark flag replicas, followed by a flag raising ceremony conducted by the United States Army Color Guard and a ribbon cutting with Newpark executives as well. Festivities then continued indoors with tours of the center and its expansive laboratory facilities. According to Newpark, one of the most unique features of the facility is the lobby’s two-story living water wall…

18 Jun 2013

Newpark Drilling Fluids Opens New World Headquarters

Newpark Drilling Fluids, a wholly-owned subsidiary of Newpark Resources, has opened its new world headquarters and laboratory facility in Katy, Texas. Newpark Drilling Fluids President Bruce Smith joined his executive staff in welcoming employees to their new home. The facility is located on 11 acres along Houston’s I-10 energy corridor just off Mason Road. Newpark’s acclaimed research and development laboratory including field services lab occupies 37,000 square feet of the building’s 106,000 square feet total. The lab features Newpark's state-of-the-art downhole drilling simulator and a full range of world-class analytical capabilities.