July/August Archives - ��N��

Study shows industry doing better on gender diversity

Stephen Whitfield — Mon, 28 Jun 2021 21:40:34 +0000

By Linda Hsieh, Editor & Publisher While ESG has become the top buzzword in our industry over the past couple of years, sometimes there can be such an overwhelming focus solely on “environment” that we forget ESG encompasses more than just the carbon footprint. “Social” and “governance” are also key pillars of ESG, and investors …

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Drilling & Completion News

Stephen Whitfield — Mon, 28 Jun 2021 21:40:33 +0000

Transocean, Jurong Shipyard agree to delay delivery, defer payments of two drillships In early June, Transocean announced an agreement with Jurong Shipyard (JSPL) to delay delivery of the ultra-deepwater drillships Deepwater Atlas and Deepwater Titan. As part of the agreement, JSPL will accept deferred payment for both rigs. The Deepwater Atlas and Deepwater Titan are …

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TotalEnergies aims to ‘pioneer a new way of drilling’ with DrillX

Stephen Whitfield — Mon, 28 Jun 2021 21:40:32 +0000

Operator working to ‘fundamentally reimagine’ its drilling business through the 3 pillars of smart data, smart engineering and smart operations By Stephen Forrester, Contributor While the drilling industry has made significant progress on how wells are drilled, particularly through the implementation of new downhole tools and systems, TotalEnergies believes the drilling discipline requires a holistic evolution …

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Industry seeks new ways to unlock data, drive optimization

Stephen Whitfield — Mon, 28 Jun 2021 21:40:31 +0000

More companies turning to AI-enabled and open-source platforms, both to gain insights from available data and to deploy those insights at scale By Stephen Whitfield, Associate Editor The drilling industry is now inundated with more real-time drilling data than ever before, collected through new and existing downhole and surface sensors. However, many organizations have been …

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Editorial: Industry and policymakers must jointly create predictable legislative, regulatory environment

Stephen Whitfield — Mon, 28 Jun 2021 21:40:30 +0000

As our industry is in the midst of monumental change, it’s never been more important for the energy services sector to speak with a unified voice. Around the globe, politicians, industry leaders and investors are impacting the future of energy. Only by working together will we be able to craft realistic public policies to meet …

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Environment, Social and Governance

Stephen Whitfield — Mon, 28 Jun 2021 21:40:29 +0000

Floating wind, hydrogen proposal aims to accelerate decarbonization of UK offshore oil and gas assets A UK-based company called Cerulean Winds has proposed a plan to help accelerate the decarbonization of oil and gas assets on the UK Continental Shelf (UKCS). The £10 billion proposal calls for a 200-turbine floating wind and hydrogen development, which …

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Interactive videos, mobile app and better red zone management among KCA Deutag initiatives to strengthen drops prevention

Stephen Whitfield — Mon, 28 Jun 2021 21:40:28 +0000

By Stephen Whitfield, Associate Editor Dropped objects, or drops, still present one of the biggest hazards in upstream oil and gas. According to Kenny Adams, Head of Land Drilling QHSSET at KCA Deutag, more than 60% of all high-potential incidents (HIPOs) in the industry are related to drops, and they continue to account for many …

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KCA Deutag deploys artificial intelligence to extract lost-time insights from daily drilling reports

Stephen Whitfield — Mon, 28 Jun 2021 21:40:27 +0000

Analysis of massive amounts of unstructured comments provides continuous opportunities to help operators identify root causes of NPT, invisible lost time By Jessica Whiteside, Contributor KCA Deutag is on a mission to make drilling operations more efficient and cost-effective through the application of artificial intelligence (AI) technologies. The company’s latest machine learning tool uses natural …

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Nabors: Workflows must transform to maximize value of automation

Stephen Whitfield — Mon, 28 Jun 2021 21:40:27 +0000

Drillers should be given tools to automate repetitive tasks as rig environment becomes increasingly complicated By Drew Curran and Blakley Farrow, Nabors For decades, advances in the drilling industry have focused primarily on equipment that made manual labor more efficient and safer. But these days, all eyes are focused on automation. There is broad consensus …

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News Cuttings

Stephen Whitfield — Mon, 28 Jun 2021 21:40:26 +0000

IADC works to convey member concerns on Saudi Arabia’s MODU reflagging requirement, obtains 3-year exemption More than two years ago, the Kingdom of Saudi Arabia (KSA) introduced a new Commercial Maritime Law, via a Royal Decree no. M/33, requiring all offshore ships and vessels to be registered under the KSA flag to continue operations in …

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July/August Archives - ���N����