TerrAdapt bit adjusts to downhole conditions autonomously to enable smoother, faster drilling and extend tool life.
Drilling & production - 14 March 2017
Based on the proven and seasoned NG-2500X and NG-1800X designs, the NG-5500X-LD is a solution for light drilling and well intervention in a large number of mature fields in the Southern North Sea, Middle East and South East Asia.
Wood Group has won two separate contracts related to BP’s Mad Dog 2 project providing engineering services to further develop deepwater production.
The technology group Wärtsilä has signed a five-year technical management and services agreement with Songa Offshore for four Cat-D type semi-submersible drilling rigs operating in the North Sea.
Russian oil output averaged 11.11 million bpd in February 2017, representing no further output reductions relative to the January 2017 level.