July/August 2018 Archives - Èý•NÌåÓý Get the latest oil drilling news with Èý•NÌåÓý Wed, 27 Jun 2018 15:51:38 +0000 en-US hourly 1 https://wordpress.org/?v=6.1.1 202015461 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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]]> /is-this-just-another-cycle-or-is-it-really-different-this-time-47325/feed 0 47325 Drilling & Completion Tech Digest /drilling-completion-tech-digest-35-47331 /drilling-completion-tech-digest-35-47331#respond Tue, 26 Jun 2018 20:58:11 +0000 https://live-drillingcontractor-org.pantheonsite.io/?p=47331 Diamond Offshore Drilling has launched its Sim-Stack service, a cybernetic BOP service enabling the company to continuously and accurately assess BOP status. When issues arise, the service immediately determines a proper course of action while providing a third-party statement of fact to the operator, US Bureau of Safety and Environmental Enforcement and other regulatory bodies...

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]]> /drilling-completion-tech-digest-35-47331/feed 0 47331 Transocean keeps focus on business strategy, customer alignment as it embraces ‘creative destruction’ through digital transformation /transocean-keeps-focus-on-business-strategy-customer-alignment-as-it-embraces-creative-destruction-through-digital-transformation-47336 /transocean-keeps-focus-on-business-strategy-customer-alignment-as-it-embraces-creative-destruction-through-digital-transformation-47336#respond Tue, 26 Jun 2018 20:58:11 +0000 https://live-drillingcontractor-org.pantheonsite.io/?p=47336 Sometimes innovation emerges from new technologies that enable a novel product offering or expansion of an existing product line. However, the most successful innovation takes root in new thinking, a new twist, a new angle or a paradigm shift that is aligned with business strategy to deliver value. As businesses and industries digitally transform, the driving force should be business strategy, with technology playing the fundamental role in the innovation process...

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]]> /transocean-keeps-focus-on-business-strategy-customer-alignment-as-it-embraces-creative-destruction-through-digital-transformation-47336/feed 0 47336 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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