US Rig Count Is Set For Biggest Quarterly Rise In 2 Years

The combined number of oil and gas rigs active so far this year has averaged 480 rigs, according to Baker Hughes data, Reuters reported.

Norwegian Trade Union Industri Energi Will Expand Oil Industry Strike

Failed mediation between Industri Energi and the Norwegian Oil and Gas Association triggered the initial strike at the Norwegian units of Schlumberger, Halliburton, Baker Hughes, Oceaneering and Oceaneering Asset Integrity, Reuters reported.

Technology Briefs For Sept. 23

Aquaterra Energy and Plexus Holdings have developed a light weight, dual barrier HP/HT riser system capable of being deployed by a jackup.

Exploration Briefs For Sept. 23

Exploration Briefs For Sept. 23

Vessel Briefs For Sept. 23

Vessel Briefs For Sept. 23

Floater Briefs For Sept. 23

Floater Briefs For Sept. 23

Development Briefs For Sept. 23

Developments Briefs for Sept. 23

Statoil Selects Gas Turbines To Power Johan Castberg

High costs and the technical challenges posed by powering a long-distance subsea development from land have led Statoil and its partners to offshore gas turbines to power the Johan Castberg development.

GSPC Seeks Partner For ‘Difficult’ HP/HT Field

India’s Gujarat State Petroleum Corp. Ltd. (GSPC) is looking for a strategic partner to solve problems the company is facing in developing the Deen Dayal West (DDW) Field in the shallow-water KG-OSN-2001/3 Block, off Bay of Bengal.

Business Briefs For Sept. 23

Norway’s Akastor ASA oil service investment company signed an agreement with Japan’s Mitsui & Co. Ltd. to acquire the Skandi Santos hull from DOF Subsea Rederi AS and the Skandi Santos topside from AKOFS Offshore AS through a joint venture with 50:50 ownership.

Petrobras Raises Asset Sales Goal In Five-year Plan

Petrobras on Sept. 20 cut its planned investment by 25% in a drive to reduce the largest debt burden among global petroleum firms and revive investor confidence battered by a corruption scandal.

Splashdown: Anadarko Lands $2 Billion Gulf Deal

Anadarko Petroleum Corp. said Sept. 12 it agreed to buy Freeport McMoRan Oil & Gas deepwater Gulf of Mexico (GoM) assets for $2 billion.