Offshore Drilling & Completion: Russia

Three Eurasia jackups active in Caspian Sea

Eurasia Drilling Co. has issued a review of its operations in the Caspian Sea during the first half of this year.

GLOBAL E&P

Oil and gas production from the world's deepwater fields will grow by 7.7% annually over the next seven years according to analyst Douglas Westwood, reaching 10.2 MMboe/d in 2021.

Bentec to supply drilling package for Caspian Sea platform

Nobel Oil has commissioned Bentec to build a drilling rig for offshore operations in the Azeri sector of the Caspian Sea.

Arctic E&P activity on the rise

The potential of the offshore Arctic oil and gas market is substantial. While energy analyst Infield Systems suggests the region holds 136.6 Bboe in discovered offshore reserves, a United States Geological Survey report claims there could be another 346 Bboe left undiscovered.

Eurasia outlines Caspian Sea well inventory

Eurasia Drilling Co. (EDC) has issued a review of highlights from its drilling campaigns in the Caspian Sea during 2014.

Sakhalin-1 partners claim new drilling record at Chayvo

Rosneft says the Sakhalin-1 Consortium has drilled the world’s longest well to date at the Chayvo field offshore Sakhalin Island.

Rosneft cancels jackup contract in Russian Arctic

North Atlantic Drilling Co. has received a cancellation notice for from Rosneft for use of Northern Offshore’s jackup Energy Endeavor.

Caspian Sea horizontal well sets new benchmark

LUKOIL-Nizhnevolzhskneft claims to have established a new world record in horizontal drilling in the Russian sector of the Caspian Sea.

Rosneft postpones Kara Sea drilling

Rosneft says it will postpone operations in the Kara Sea until 2016, according to a Reuters report. 

Russia confirms Kara Sea Pobeda discovery

Rosneft says Russia’s State Commission on reserves has confirmed an oil and gas discovery in the Pobeda field on the Kara Sea shelf.

Latest Drilling & Completion News

Seadrill defers deliveries of newbuild rigs

August 28, 2015

Seadrill has issued an update on its rig building program and market prospects for drilling.

Lamprell implements efficiency measures at UAE yards

August 27, 2015

Lamprell is investing in automation for some fabrication facilities at its yards in the UAE.

Shell re-engages Regalia for North Sea support

August 27, 2015

Schlumberger to acquire Cameron

August 26, 2015 Schlumberger Ltd. and Cameron have announced a definitive merger agreement in which the companies will combine in a stock and cash transaction valu...

Shell spuds Portrush well offshore mid-Norway

August 26, 2015 The semisubmersible Transocean Barents has spudded the Portrush exploration well for Norske Shell in license PL793 in the Norwegian Sea.

Three Eurasia jackups active in Caspian Sea

August 25, 2015

Eurasia Drilling Co. has issued a review of its operations in the Caspian Sea during the first half of this year.

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Assessing Mexico’s new offshore oil & gas exploration opportunities

When Mexico’s historic energy reform legislation became law on Dec. 21, 2013, it opened the country to foreign investment in its oil and gas sector...

Anadarko’s decommissioning of the first-ever cell spar in the Gulf of Mexico

The Red Hawk spar made history throughout its design life, commissioned and decommissioned as the first of its kind. Heralded as the first cell spa...

Offshore Design Optioneering using Cloud Computing

Cloud computing opens up to offshore engineering teams the opportunity to take advantage of almost unlimited computing power and data storage capab...

Falling oil prices and the offshore oil and gas industry: assessing the state of the market

The precipitous decline in oil prices has brought many areas of the oil and gas industry to a standstill. Yet while some sectors are feeling the pi...
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