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• ADES acquires 31 onshore drilling rigs in Kuwait, Saudi Arabia, Algeria

  <p>ADES International Holding (ADES), the London-listed company providing offshore and onshore oil and gas drilling and production services in the Middle East and Africa through its subsidiaries, has announced that it has signed a definitive agreement with Weatherford for the acquisition of 31 onshore drilling rigs (the “Transaction”) for a purchase price of $287.5 million, ...</p> <p>The post <a rel="nofollow" href="http://www.drillingcontractor.org/ades-acquires-31-onshore-drilling-rigs-kuwait-saudi-arabia-algeria-47885">ADES acquires 31 onshore drilling rigs in Kuwait, Saudi Arabia, Algeria</a> appeared first on <a rel="nofollow" href="http://www.drillingcontractor.org">Drilling Contractor</a>.</p>
  07/12/2018 Read article

• EM&I introduces ’20 year plan’ for hull inspections

  <p>Most floating offshore assets have to have periodic surveys every 2.5 &#38; 5 years to satisfy class society requirements. This can very disruptive to normal operations, as the tanks, valves and hull must be made available for inspections at these times. The concept of the &#8217;20-year plan’ is a direct result of EM&#38;I&#8217;s ODIN diverless ...</p> <p>The post <a rel="nofollow" href="http://www.drillingcontractor.org/emi-introduces-20-year-plan-hull-inspections-47882">EM&#038;I introduces &#8217;20 year plan&#8217; for hull inspections</a> appeared first on <a rel="nofollow" href="http://www.drillingcontractor.org">Drilling Contractor</a>.</p>
  07/12/2018 Read article

• IADC Supply Chain Committee develops supplier performance metrics & scorecard

  <p>To develop a mutually beneficial relationship with suppliers by aligning expectations and promoting performance improvement, the IADC Supply Chain Committee has developed standard supplier metrics and a scorecard...</p> <p>The post <a rel="nofollow" href="http://www.drillingcontractor.org/iadc-supply-chain-committee-develops-supplier-performance-metrics-scorecard-47878">IADC Supply Chain Committee develops supplier performance metrics &#038; scorecard</a> appeared first on <a rel="nofollow" href="http://www.drillingcontractor.org">Drilling Contractor</a>.</p>
  07/10/2018 Read article

• OGA launches 31st UK offshore licensing round

  <p>The Oil and Gas Authority (OGA) has launched the 31st Offshore Licensing Round, offering blocks in frontier areas of the UK Continental Shelf (UKCS), supported by government-funded data to stimulate interest in these under-explored basins and assist companies in their activities...</p> <p>The post <a rel="nofollow" href="http://www.drillingcontractor.org/oga-launches-31st-uk-offshore-licensing-round-47872">OGA launches 31st UK offshore licensing round</a> appeared first on <a rel="nofollow" href="http://www.drillingcontractor.org">Drilling Contractor</a>.</p>
  07/10/2018 Read article

• Creative Learning Spiral can help oil and gas companies foster innovation among employees

  <p>As the oil and gas industry strives for innovations that can help it to maximize operational performance and improve safety, companies might want to look to the Creative Learning Spiral as a valuable tool. The framework, which centers around imagination and cycles through phases of create, play, share, then back to imagination again, can be ...</p> <p>The post <a rel="nofollow" href="http://www.drillingcontractor.org/creative-learning-spiral-can-help-oil-gas-companies-foster-innovation-among-employees-47868">Creative Learning Spiral can help oil and gas companies foster innovation among employees</a> appeared first on <a rel="nofollow" href="http://www.drillingcontractor.org">Drilling Contractor</a>.</p>
  07/10/2018 Read article

• Precision awarded 5-year newbuild contract in Kuwait

  <p>Precision Drilling has announced the award of one newbuild ST-3000 drilling rig in Kuwait under a five year take-or-pay contract with an optional one-year extension. Precision has five active rigs in Kuwait on long-term contract and expects the sixth rig to commence operations in Q3 2019. All six rigs have standardized rig design features and specifications ...</p> <p>The post <a rel="nofollow" href="http://www.drillingcontractor.org/precision-drilling-corporation-announces-kuwait-contract-award-activity-update-47864">Precision awarded 5-year newbuild contract in Kuwait</a> appeared first on <a rel="nofollow" href="http://www.drillingcontractor.org">Drilling Contractor</a>.</p>
  07/09/2018 Read article