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      Maersk sells drilling barge activities in Venezuela

      Maersk Drilling has sold its drilling barge activities in Venezuela to Panama-based investment company Barrystar Holding. The activities, registered to Maritime Contractors Venezuela (MCVSA), include...

      Lamprell to build two more high-spec jackup rigs for NDC

      DUBAI – Lamprell has received a contract award from the National Drilling Co. (NDC) for the construction and delivery of two high specification jackup...

      Shell selects riserless mud recovery for Malikai wells

      SOLA, Norway – Shell has contracted IKM Energy Services to provide a riserless top-hole mud circulation system for the Malikai project offshore Sabah.  ...

      Oil rigs in U.S. climb as shale drillers face OPEC challenge

      HOUSTON (Bloomberg) -- The boom in U.S. oil production will live to see another week. The nation’s crude explorers, engaged in a pricing war...

      Empire signs LOI with Enerdrill for upto three wells

      CLAREMONT, Australia -- Empire has signed a Letter of Intent (LOI) with drilling contractor Enerdrill for the drilling of upto three wells (subject to...

      Royale Energy to drill 30 wells at the Ballinger Oil Field in Texas, US

      Royale Energy has received permissions to drill 30 wells at Ballinger Oil Field in Runnels County in Texas, three of which will be drilled...

      Lundin Norway commences drilling on Neiden prospect in Barents Sea

      Lundin Norway, the subsidiary of Swedish oil and gas company Lundin Petroleum, has commenced drilling of exploration well 7220/6-2 on the Neiden prospect in...

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      Efficiency, Visibility and Reliability Keys to lower costs and greater profitability in oil and gas operations

      Falling oil prices and collapsing profit margins are driving the industry to lower costs. Reducing labor costs and gaining supplier concessions can help, but...