Shell rig sets sail for Beaufort Sea
The rig tapped to embark on Shell's Arctic drilling programme set sail for the Beaufort Sea this week, as the Anglo-Dutch supermajor moved a step closer to launching its exploration plan off Alaska.
The Conical Drilling Unit Kulluk departed on its two-week journey from Dutch Harbour on Monday, but delays related to lingering sea ice and permitting issues have already forced Shell to scale back its plans for the year in the Arctic.
Shell is now reportedly planning to drill just two wells this summer.
At the forefront of the delays is the completion of a containment system in the case of Shell losing control of one of its wells. Statoil accelerates Gullfaks S recovery drive
The operator plans to install two new subsea templates as well as drill six additional wells – four oil producers and two gas injectors - at the field with the aim of extracting another 65 million boe out of the mature reservoir.
Daewoo in USD 1.94B order win
Actuators cut energy costs by up to 50%
Norgren has developed a range of integrated pneumatic cylinders which combine valves, flow controls, cushioning and sensors in a single actuator package, claimed to cut air consumption and energy costs by up to 50%.

New Zealand Energy Corp. announce that the Company has commenced drilling of the Waitapu-1 well, the first of an anticipated eight wells to be drilled by year-end 2012.