During Weatherford's earnings conference call on Nov. 4, Chief Administrative Officer Dharmesh Mehta discussed the company's upcoming divestment plans. 'During Q3, we made good progress on our old oil divestiture program. The following鈥
TAM International marked its 45th anniversary and the opening of its recently-built manufacturing facility on October 18 with a tour of the facilities in Houston, Texas. The new site was open to employees in September. TAM specializes in inflatable packers鈥
Wellhead fatigue is acknowledged as a technical challenge in the oil and gas industry. In an effort to advance industry capabilities and better inform operational decisions, BP is developing a system for instrumentation and data interpretation鈥
Senergy Software released its latest generation, multi-discipline, well data analysis and interpretation tool, IPTM. The powerful IPTM version 4.2, which has been further developed and enhanced by Senergy Software鈥檚 team of technical experts鈥
Oilfield service provider, Archer, has released STORMLOCK鈥攁n ISO 14310 V0-rated, gas-tight storm plug specifically designed for suspension operations in the Gulf of Mexico and other deepwater markets. STORMLOCK is being launched at Archer's鈥
Horizon Oil International Ltd. announced that the Manaia-2 exploration/appraisal well in PMP 38160, offshore New Zealand, was spudded on September 1, 2013. The well is being operated by OMV New Zealand Ltd. and drilled with the semi-submersible drilling rig Kan Tan IV鈥
Fugro announced that it will enter into a new well services joint venture with Malaysia Oilfield Services company Bumi Armada Berhad. The companies will create a team consisting of members of both Fugro and Bumi Armada with skills in marine operations鈥
The International Association of Drilling Contractors (IADC) announced the formation of the Well Control Institute (WCI), a new industry body which will provide the drilling industry with a single, universal well control training and assessment standard鈥
Petrobras published the drilling results for extension well 3-SES-175D (3-BRSA-1180-D-SES), known as Muriú 1, located in the BM-SEAL-10 concession area (blocks SEAL-M-347 and SEAL-M-424) in the ultra deep waters of the Sergipe Basin. The鈥
Beach Energy announced that drilling is expected to begin on the 01RX Cobalcescu South exploration well in Block EX-28 offshore Romania. According to the company, the well will be spudded during Beach Energy鈥檚 August reporting period鈥
Petrobras announced the results of the first extension well 3-SES-176D (3-BRSA-1178D-SES), also known as Farfan 1, located in the BM-SEAL-11 concession area, block SEAL-M-426, in the ultradeep waters of the Sergipe Basin. The results鈥
Noreco has announced that due to a defect gas compressor, the Ula field in the Norwegian North Sea, will not be able to receive and process production from satellite fields, the field's operator, BP, has informed. This means that the Oselvar field will also be shut down鈥
Otto Energy Ltd. is drilling two horizontal wells in the second phase of development at Galoc field offshore the Philippines. The wells are being batch drilled in 311 m of water. Otto projects the Galoc-5H and Galoc-6H development wells will be drilled to a total vertical depth of 2鈥
Exploration well 16/2-18S, located on Statoil operated PL265 in the North Sea, was drilled west of Johan Sverdrup discovery about 9 km west of well 16/2-6 and 3 km west of appraisal well 16/2-14. The primary exploration target of the well鈥
Exploration firm Cluff Natural Resources (CNR) has been awarded rights to explore for offshore underground coal gasification prospects off the UK's coastline. The rights are through two conditional underground coal gasification (UCG) licences鈥
