Drilling & production - 27 May 2014

The number of patents filed across the globe in the last year for fracking technology has reached a record high.

Douglas-Westwood forecasts global subsea hardware Capex will total US$ 117 billion between 2014 and 2018.

On 27 May Greenpeace activists boarded the drilling rig Transocean Spitsbergen. The rig was en route to the Hoop area in the Barents Sea.

Statoil has exercised a two-year contract extension for the provision of mechanical wireline services and mobile drilling units.

Russia oil and gas giants, Gazprom and LUKOIL have signed an agreement to work together on oil and gas E&P projects.

RWE Dea Norge AS has completed drilling of appraisal wells 35/9-11 S and 35/9-11 A on the oil, gas and condensate discovery.

Lamprell has received a new contract award for the construction of two Mobile Offshore Drilling Platforms.