semi-submersible drilling rig

Oil & Gas

Aker bags $1.9million rig order

Aker Solutions has won a long-term contract that could be worth up to $1.9billion to build and operate an entirely new type of semi-submersible drilling rig that Statoil says will make an "important contribution" to raising recovery rates from existing North Sea oil and gas fields and slashing well intervention costs.

Oil & Gas

A quiet man with a mighty task

His quiet, almost scholastic air hides the fact that Philippe Guys is a man under the most incredible pressure as teams of expert engineers and various "ologists" battle to quell the gas leak that just a couple of weeks or so ago threatened to blow the Elgin production platform apart.

Oil & Gas

Noble returns to Leviathan field

Noble Energy has resumed drilling operations on its Leviathan-1 well offshore Israel in the Eastern Mediterranean Rachel Block after having suspended operations in April 2011 due to technical and operational issues that involved serious casing wear in the wellbore.