News Archive Filter

GAZPROM NEFT SELECTS eDRILLING MONITORING AND OPTIMIZATION SOFTWARE

January 03, 2018

eDrilling announced that it has signed a contract with Gazpromneft’s Drilling Support Center (DSC) GeoNavigator, a subdivision of Gazpromneft Scienc...

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WEATHERFORD INTERNATIONAL SELLS US FRACTURING BUSINESS TO SCHLUMBERGER

January 03, 2018

Weatherford International announced it has sold its U.S. pressure pumping and pump-down perforating assets to a subsidiary of Schlumberger Limited for...

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ROSATOM STARTS UP THIRD REACTOR AT TIANWAN NPP, CHINA

January 02, 2018

Rosatom made the first start of the third power unit of the Tianwan Nuclear Power Plant (NPP) under construction in China. The reactor is based on a R...

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MESSOYAKHANEFTEGAS TO DEVELOP MESSOYAKHA, RUSSIA’S NORTHERNMOST ONSHORE OILFIELD

January 02, 2018

Gazprom Neft advised that Gazprombank and Sberbank have released credit facilities under the first tranche of a syndicated loan facility for the Messo...

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GLOMAR CHALLENGER: THE BIRTH OF DYNAMIC POSITIONING

December 31, 2017

Dynamic positioning started in the early 60’s about 8 years before the launch of the Glomar Challenger.  The barge Cuss, was the first to perform c...

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ALL TIME LOW FOR CONVENTIONAL DISCOVERIES

December 30, 2017

Rystad Energy concluded this week that 2017 was yet another record low year for conventional discoveries globally. Less than seven billion barrels of ...

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BRAZIL WORLD’s NINTH-LARGEST HYDROCARBONS PRODUCER

December 29, 2017

Brazil has produced 3.3 million barrels per day (b/d) of petroleum and other liquids so far in 2017, according to data through August, up from 3.2 mil...

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ONE MILLION TONS OF OIL FROM YAREGA FIELD IN 2017

December 29, 2017

LUKOIL has reached another milestone with one million tonnes of oil produced at Yarega field in the Komi Republic since the beginning of 2017. The co...

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BW CATCHER DELIVERS FIRST OIL

December 28, 2017

As Operator of the Catcher Development in the North Sea, Premier Oil reached the milestone of first oil as scheduled and below budget. This is a signi...

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