July/August Archives - Èý•NÌåÓý /2018/julyaugust-2018 Get the latest oil drilling news with Èý•NÌåÓý Wed, 15 Aug 2018 16:40:40 +0000 en-US hourly 1 https://wordpress.org/?v=6.1.1 202015461 Drilling & Completion News /drilling-completion-news-35-47352 /drilling-completion-news-35-47352#respond Tue, 26 Jun 2018 20:58:11 +0000 https://live-drillingcontractor-org.pantheonsite.io/?p=47352 Total to end participation in South Pars 11 in Iran Total has announced that it will not be in a position to continue the South Pars 11 (SP11) project in Iran as a consequence of the United States’ decision to withdraw from the Joint Comprehensive Plan of Action (JCPOA) and reinstate the US sanctions that …

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]]> /drilling-completion-news-35-47352/feed 0 47352 People, Companies & Products /people-companies-products-51-47365 /people-companies-products-51-47365#respond Tue, 26 Jun 2018 20:58:11 +0000 https://live-drillingcontractor-org.pantheonsite.io/?p=47365 Transocean announces retirement of John Stobart Transocean announced that John Stobart, Executive Vice President, Chief Operating Officer and Chief Performance Officer, is retiring. Keelan Adamson, the company’s Senior Vice President of Operations, assumed Mr Stobart’s responsibilities, effective 1 June. “Under John’s leadership, Transocean re-established itself as the standard for excellence, delivering industry-leading performance in safety, …

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]]> /people-companies-products-51-47365/feed 0 47365 Piper Alpha 30th anniversary: Industry must not let complacency set in, lessons learned be forgotten /piper-alpha-30th-anniversary-industry-must-not-let-complacency-set-in-lessons-learned-be-forgotten-47377 /piper-alpha-30th-anniversary-industry-must-not-let-complacency-set-in-lessons-learned-be-forgotten-47377#respond Tue, 26 Jun 2018 20:58:11 +0000 https://live-drillingcontractor-org.pantheonsite.io/?p=47377 The 1988 Piper Alpha disaster – which claimed the lives of 167 men when an explosion destroyed the UK North Sea production platform offshore Scotland – triggered a major transformation of the UK offshore oil and gas industry that ultimately reverberated around the globe...

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]]> /piper-alpha-30th-anniversary-industry-must-not-let-complacency-set-in-lessons-learned-be-forgotten-47377/feed 0 47377 Drilling in the digital age: A new world begins to take shape /drilling-in-the-digital-age-a-new-world-begins-to-take-shape-47378 /drilling-in-the-digital-age-a-new-world-begins-to-take-shape-47378#respond Tue, 26 Jun 2018 20:58:11 +0000 https://live-drillingcontractor-org.pantheonsite.io/?p=47378 In a digital world, it’s software, not big iron, that’s driving hefty changes in well planning and construction, workflows, training, security By Kelli Ainsworth Robinson, Associate Editor In 1965, Gordon Moore, one of the co-founders of Intel, predicted that the number of transistors on an integrated circuit would double every two years. In other words, …

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]]> /drilling-in-the-digital-age-a-new-world-begins-to-take-shape-47378/feed 0 47378 Adoption of data infrastructure, data-centric disciplines empowers OEM in digital transformation /adoption-of-data-infrastructure-data-centric-disciplines-empowers-oem-in-digital-transformation-47408 /adoption-of-data-infrastructure-data-centric-disciplines-empowers-oem-in-digital-transformation-47408#respond Tue, 26 Jun 2018 20:58:11 +0000 https://live-drillingcontractor-org.pantheonsite.io/?p=47408 Digital journey focuses on developing applications that drive tangible impacts on financial performance By Gilbert Chahine, National Oilwell Varco The performance of original equipment manufacturers (OEMs), service companies, drilling contractors and operators alike will be bolstered through adoption of digitization and data-driven technologies, provided that adoption focuses more on the financial outcome rather than the …

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]]> /adoption-of-data-infrastructure-data-centric-disciplines-empowers-oem-in-digital-transformation-47408/feed 0 47408 Simulation verification plays key role in success of Aasta Hansteen dual barge floatover operation /simulation-verification-plays-key-role-in-success-of-aasta-hansteen-dual-barge-floatover-operation-47422 /simulation-verification-plays-key-role-in-success-of-aasta-hansteen-dual-barge-floatover-operation-47422#respond Tue, 26 Jun 2018 20:58:11 +0000 https://live-drillingcontractor-org.pantheonsite.io/?p=47422 Maritime service firm Boskalis set a company record last year with the transport of the cylindrical spar hull for the production platform on Equinor’s Aasta Hansteen field development project in Norway...

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]]> /simulation-verification-plays-key-role-in-success-of-aasta-hansteen-dual-barge-floatover-operation-47422/feed 0 47422 Amid automation and digitalization, new job requirements call for new hiring practices /amid-automation-and-digitalization-new-job-requirements-call-for-new-hiring-practices-47427 /amid-automation-and-digitalization-new-job-requirements-call-for-new-hiring-practices-47427#respond Tue, 26 Jun 2018 20:58:11 +0000 https://live-drillingcontractor-org.pantheonsite.io/?p=47427 As activity begins to pick up, particularly for onshore drillers, and contractors start to rebuild their workforces, they should begin to evolve their hiring practices to identify workers with the digital skills and adaptability that are needed in today’s drilling environment...

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]]> /amid-automation-and-digitalization-new-job-requirements-call-for-new-hiring-practices-47427/feed 0 47427 Maersk looks beyond traditional rig downtime scope, adopts data-based approach to reduce operator NPT /maersk-looks-beyond-traditional-rig-downtime-scope-adopts-data-based-approach-to-reduce-operator-npt-47432 /maersk-looks-beyond-traditional-rig-downtime-scope-adopts-data-based-approach-to-reduce-operator-npt-47432#respond Tue, 26 Jun 2018 20:58:11 +0000 https://live-drillingcontractor-org.pantheonsite.io/?p=47432 Maersk Drilling’s ambition is to deliver operational excellence while pairing innovative technologies with new business models. The company calls this Smarter Drilling for Better Value...

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]]> /maersk-looks-beyond-traditional-rig-downtime-scope-adopts-data-based-approach-to-reduce-operator-npt-47432/feed 0 47432 Deputy Mining and Energy Minister: Open dialogue inspiring confidence in regulatory framework, taking Brazil from promise to reality /deputy-mining-and-energy-minister-open-dialogue-inspiring-confidence-in-regulatory-framework-taking-brazil-from-promise-to-reality-47491 /deputy-mining-and-energy-minister-open-dialogue-inspiring-confidence-in-regulatory-framework-taking-brazil-from-promise-to-reality-47491#respond Tue, 26 Jun 2018 20:58:11 +0000 https://live-drillingcontractor-org.pantheonsite.io/?p=47491 Marcio Felix: Reforms, government’s engagement with stakeholders have increased trust in Brazil, although transfer of rights issue still requires resolution By Linda Hsieh, Managing Editor Brazil’s fourth production-sharing round in the pre-salt, held by the National Agency of Petroleum, Natural Gas and Biofuels (ANP) on 7 June in Rio de Janeiro, raised R$3.15 billion in …

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]]> /deputy-mining-and-energy-minister-open-dialogue-inspiring-confidence-in-regulatory-framework-taking-brazil-from-promise-to-reality-47491/feed 0 47491 Is this just another cycle, or is it really different this time? /is-this-just-another-cycle-or-is-it-really-different-this-time-47325 /is-this-just-another-cycle-or-is-it-really-different-this-time-47325#respond Tue, 26 Jun 2018 20:58:11 +0000 https://live-drillingcontractor-org.pantheonsite.io/?p=47325 During this downturn, it’s been clear that margins in the service sector (the cyclical costs) have been tightly squeezed, sometimes to bare bones. However, have we really made sufficient structural cost changes to pull ourselves out of a boom-and-bust pattern?

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