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Offshore Oil Drilling Rig Article

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Latest Offshore Oil Drilling Rig News

offshore oil drilling rig

The current global credit crisis and an over 63 per cent fall in crude oil prices in the last four months have resulted in oil companies drilling fewer wells in offshore areas. This has increased the availability of rigs across the world and helped ...

Rig rates down by 10 per cent - Business Standard

Records are short-lived in the game of global hydrocarbons. The latest contender on the world stage is the Gulf of Mexico's Perdido Development, which stands to become the deepest offshore oil-and-gas drilling and production hub. Shell, the lead ...

Shell's Radical Rig - Forbes

(MENAFN - Khaleej Times)  With the completion of a newly designed offshore jack-up drilling rig, the UAE based Maritime Industrial services Company (MIS) has become the 'First' to built SeaWolf oritsetimein, Hull -104 in the Middle East. This ...

MIS Completes First Offshore Jack-Up Drill Rig Ever to be Built in ... - MENAFN

26 November 2008 AIM: XTR XTRACT ENERGY PLC ("Xtract" or the "Company") DRILLING UPDATE - EXTREM ENERGY AS - SARIKIZ-2 Further to the announcement made on 3 November 2008, Xtract provides the following update on the Sarikiz-2 well in Turkey which is ...

Drilling Update - Asia Corporate News Network

VAALCO Energy, Inc. has commenced drilling its development well in the Ebouri field and at its appraisal well ( North Ebouri) in the Etame block. These two wells, together with the five other development and exploration wells planned over the coming ...

VAALCO Energy Commences Drilling at New Ebouri and Etame Wells ... - Oilvoice.com

TULSA – Helmerich & Payne stock plunged 17.1 percent Thursday to a four-and-a-half-year low despite record profits and revenue for both fiscal 2008 and the fourth quarter, meeting or beating Wall Street expectations. James Carnett, senior portfolio ...

H&P shares hit 4.5-year low despite record financials, new rig ... - Journal Record

* Seadrill Q3 operating profits rise in line with forecasts * Company says ultra-deepwater rig market remains strong * Temporary halts dividend payments, no change in strategy (Adds quotes) OSLO, Nov 24 (Reuters) - Oilfield services company Seadrill ...

Seadrill Q3 profits rise, upbeat on outlook - Guardian Unlimited

BEIJING -(Dow Jones)- Cnooc Ltd. (CEO) is negotiating to farm into a foreign- operated exploration block in the South China Sea, marking an unprecedented break with its previous strategy offshore China , a person familiar with the matter said ...

UPDATE: Cnooc In Talks Over Anadarko China Gas Block -Source - CNN Money

Chevron's "human energy" advertisements are everywhere: TV, magazines, bus stops and newspapers. The commercials -- which end with the words "oil," "geothermal," "solar," "wind," "hydrogen" and "conservation" flashing one at a time between the three ...

Chevron's hype - Los Angeles Times

OSLO, Nov 24 (Reuters) - Oilfield services company Seadrill (SDRL.OL: Quote , Profile , Research , Stock Buzz ) posted a rise in third-quarter quarter operating profits in line with forecasts on Monday, noting the ultra-deepwater rig market is strong ...

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