Halliburton has announced the release of Geometrix 4D Shaped Cutters, a line of four distinct geometric profiles to help improve cutting efficiency and increase control to reduce drilling costs. Halliburton may now offer the largest portfolio of shaped cutters in the oil and gas industry.The new bit’s cutters expand the capabilities of traditional polycrystalline diamond…
Maersk Drilling has been awarded a four year contract for the deepwater drillship Maersk Venturer by Tullow Ghana Ltd.The contract, which was signed December 2017, is expected to commence in February 2018 and covers development drilling on the Jubilee and TEN fields offshore Ghana.Maersk Venturer is currently in transit for the job offshore Ghana thereby further strengthening Maersk…
Oil marketers in Nigeria may have opted to lobby the federal government to consider and grant them some form of tax holidays and other incentives that would enable them resume importation of petrol into the country, THISDAY learnt last night in Abuja. The proposal, it was learnt, was to appeal to the government to provide…
By Energy Worth The nationwide blackout continued Wednesday after efforts by the Transmission Company of Nigeria (TCN) to restore electricity failed, following a second system collapse of transmission network at exactly 14.19 hours. According to TCN, the second system failure occurred when the Odukpani-Ikot Ekpene 330kV transmission line tripped, cutting off electricity generation and transmission…
