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Drydocks World was awarded a USD‑730-million contract from Drill One Capital to construct a large rig for the North Sea. Completion of the CJ-80 jack-up rig is set for 2017.

BW Offshore acquired the tanker Blue Opal for USD 83.4 million from Daewoo Shipbuilding & Marine Engineering. The tanker is a 320,000-deadweight-ton very large crude carrier.

Onshore gas developments are often characterized by drilling, fracturing, and production of wells before low-pressure gas-gathering systems are in place. As well production declines, liquid-loading issues begin to appear. Use of a twin-screw pump to boost deliquefication was investigated.

Once again, we find ourselves in a time of extreme challenges on many fronts in the arena of well construction, with corresponding needs for technological advancements.

Drilling horizontal infill wells in the Pierce field in the UK central North Sea is challenging because of a narrow drilling window caused by depletion in a highly fractured reservoir.

Casing drilling is a method by which the well is drilled and cased simultaneously.

Managed-pressure drilling (MPD) has been used in Vietnam since 2007 to address a number of drilling and reservoir challenges.

In 2011, the Kuwait Oil Company (KOC) considered enhancement of equipment specifications for deep drilling rigs to integrate state-of-the-art technologies.

In recent years, an unprecedented upsurge in offshore field-development activity has been driven largely by the corresponding sustained surge in oil price on world markets.

Deepwater field developments are regarded as standard technology in several areas of the world, but in harsher environments, extreme design loads and increased fatigue loading become more challenging.