Drilling & production - 17 March 2014

Kalegran has started early production from the Bijell oilfield on the Akri Bijell block in Iraq.

Oilfield Technology correspondent Ng Weng Hoong reveals that despite predictions of a glut, Asia is growing increasingly anxious about oil and gas supplies.

Drilling Tools International has acquired Reamco, a company that manufactures, rents and refurbishes downhole drilling tools.

Babcock has successfully completed a contract to undertake a substantial refit on Bibby Offshore’s DSV, Polaris, at its Rosyth dockyard.

Dril-Quip (Europe) Limited, has been awarded a contract valued at approximately US$ 110 million.

As EU grows concerned over energy security, the speaker of the Crimean parliament confirms wishes of seeing Russia involved in the state’s oil and gas production.

Marsh say that risk management plays a critical role in ascendancy of Middle East as an energy superpower.