An Oceaneering® Magnum® Plus work class Remotely Operated Vehicle (ROV) has set a new ROV ultra deepwater drill support depth record offshore India while working at 10,385 feet water depth (3,165 meters). Magnum 169 is supporting drilling operations onboard rig Dhirubhai Deepwater KG1 (DDKG1) for ONGC and has been in service since Q3 2009. The [...]
ONGC’s chartered-hired ultradeep water drillship DDKG1, owned by Transocean, has set a world record for drilling well in deepest water depth by an offshore drilling rig. The rig DDKG1 has spudded well NA7-1 in exploratory block KG-DWN-2004/1 in east coast India at a water depth of 3165m (10,385 feet) on Jan 23, 2013. Thereafter it [...]
China’s COSL has announced that it expects that its capital expenditure for 2013 will be between 4 billion yuan and 5 billion yuan (equivalent to approximately USD 643 million and USD996 million). The Beijing-based company said it would spend the funds on COSLProspector, 3000 horsepower module rig, two 400 ft jack-ups, one 5000 ft semi-submersible drilling [...]
Karoon Gas Australia Ltd advises that at 06:00 hours (WST) today, preparations had commenced to run the Blowout Preventer into the Zephyros-1 well, offshore Western Australia. Since the last report, a 30” conductor was set and cemented at 605 m, the 17-1/2” hole was drilled and the 13-3/8” surface casing was set and cemented at [...]
Norway’s state-controlled oil company Statoil today recommended a timeline for joint power supply from land to the Edvard Grieg, Ivar Aasen, Johan Sverdrup and Dagny fields, which will start power deliveries to this area of the Utsira High in the North Sea from 2018. The recommended proposed timeline for an area solution for joint power [...]
Halliburton announced that income from continuing operations for the second quarter of 2012 was $745 million, or $0.80 per diluted share. This compares to income from continuing operations for the first quarter of 2012 of $635 million, or $0.69 per diluted share. First quarter reported results included $300 million ($191 million, after-tax, or $0.20 per [...]
Russia’s largest independent natural gas producer, OAO Novatek has set its sights on Cyprus’s offshore natural gas reserves, Reuters reports. Cyprus, a small island nation in the eastern Mediterranean, has attracted interest of major energy companies, especially after the U.S. based Noble Energy announced a significant gas discovery at its Block 12, back in December. [...]
Petrobras set a new record in the delivery of natural gas to the market in 2011, reaching an annual flow of 37 million cubic meters of gas offered per day. The company also recorded new monthly and daily records: the flow offered in December of 2011 reached 42.4 million m³/d, and 46.1 million m³ were [...]
![UK: Chairman of Expro Sets His Retirement Date]()
After more than 21 years of working at international oilfield services company Expro, Chairman Graeme Coutts has announced his plans to retire this month. Graeme joined Expro in 1990. During his distinguished career he has held several prominent senior executive roles including; President Western Hemisphere and Chief Executive Officer, before taking over as Executive [...]
![Oceaneering ROV Sets Depth Record Offshore India]()
An Oceaneering® Millennium® Plus work class Remotely Operated Vehicle (ROV) has set an ROV ultra deepwater drill support depth record offshore India while working at 3107m (10,194 ft) water depths. Millennium 77 has supported drilling operations on the Dhirubhai Deepwater KG2 for Reliance Industries, logging over 400 hours and 69 total dives at this [...]
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