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IMO MODU Code update nears completion, formal adoption; IADC set to provide companion document in early 2010

Posted on 10 November 2009 in 2009, IADC, Legislative & Regulatory Affairs, November/December, Rig Design, Rig Equipment

After a nearly five-year effort, the International Maritime Organization (IMO) is expected to adopt an updated version of the IMO MODU Code next month…

Top drives have transformed drilling: Now, new design targets ultra-deep, ERD

Posted on 30 October 2009 in 2008, Innovating While Drilling, Land Operations, Rig Design, September/October

By David Reid, Larry Wells and Jeremy Ogg, National Oilwell Varco In 1982, a radically new drilling system appeared in the oil patch, one that would ultimately allow tremendous advances in the oil and gas industry’s well construction capabilities. The advent of the original Top Drive System (TDS) foreshadowed the development of reservoirs that were [...]

PV Drilling building new rigs as it eyes Vietnams expanding E&P market, exploration successes

Posted on 30 October 2009 in 2008, July/August, Offshore Operations, Regional Market Trends, Rig Design

By Linda Hsieh, assistant managing editor Vietnam-based PV Drilling is gearing up to be a serious offshore player – just in time, since Vietnam is gearing up for some serious offshore drilling. Just six years ago, PV Drilling – or Petrovietnam Drilling and Well Services Corp – was a company providing small-scale services such as [...]