KNOC acquires riserless mud recovery technology

Uchenna Izundu
OGJ International Editor

LONDON, July 7 -- Korea National Oil Corp. (KNOC) signed a $9 million drilling contract with AGR Drilling Services to use its riserless mud recovery system technology off Sakhalin Island later this year and in 2010.

AGR Drilling, part of AGR Group ASA at Straume, Norway, said its technology would enable KNOC to return drilling fluids and cuttings topside without a riser system and reduce the impact on the environmentally sensitive area.

This is the second time AGR Drilling Services will be supporting drilling operations in the Pacific region.

KNOC has different blocks in Russia: Tigil, Icha, and West Kamchatka. Tigil block is off the Kamchatka Peninsula and covers 3,264 sq km. KNOC and its partners are required to shoot 2D seismic, as well as drill two exploration wells by 2010.

Icha is an onshore block spanning 3,100 sq km and is near Tigil. KNOC and its partners will shoot 2D seismic and drill one exploration well during 2010.

KNOC is exploring the West Kamchatka block in the Okhotsk Sea in partnership with OAO Rosneft. This acreage covers 62,680 sq km in less than 300 m of water.

Last year it shot 2D and 3D seismic and drilled one exploration well. Its operations are controversial as this block is in an area that is one of the world's richest producers of salmon and hundreds of other aquatic species.

Contact Uchenna Izundu at

Related Articles

PetroChina reports first half results


PetroChina Co. Ltd. reported first-half increases in output of crude, natural gas, and refined products compared with a year earlier.

BLM brings its Master Leasing Plan concept to Utah

08/27/2015 The US Bureau of Land Management’s Moab, Utah, field office began a 90-day comment period on Aug. 21 for a draft proposed Master Leasing Plan for 9...

CNOOC net production up in first half

08/27/2015 CNOOC Ltd. said first-half net production of oil and gas rose 13.5% to 240.1 million boe, primarily due to contributions from new projects in Bohai...

Deloitte: Northern Territory bullish on shale gas

08/26/2015 Development of a shale-gas industry in Northern Territory could drive significant long-term economic growth and generate as much as $1 billion (Aus...

WoodMac: Eagle Ford production sees growth, despite slowdown

08/26/2015 Eagle Ford wells brought online are expected to fall to around 2,700 from 4,000 in 2014, according to analyst group Wood Mackenzie Ltd. The company...

Maersk Oil lets contract for Culzean field work


Maersk Oil North Sea UK Ltd. has let a contract to Tenaris for work relating to the Culzean field development project in the UK North Sea.

Erin Energy enters next phase of onshore Kenya exploration

08/24/2015 Houston independent Erin Energy Corp. has entered into the next phase of onshore exploration in Kenya after being given government approval to ente...

Mexico’s CNH approves Gigante multibeam, coring, geochemical survey

08/24/2015 Mexico’s National Hydrocarbons Commission (CNH) has authorized the acquisition of multibeam, coring, and geochemical analysis data over a 600,000 s...

Cobalt to sell deepwater Angolan blocks

08/24/2015 Cobalt International Energy Inc. has agreed to sell its interests in two blocks in deep water offshore Angola to state-owned Sonangol for $1.75 bil...
White Papers

Definitive Guide to Cybersecurity for the Oil & Gas Industry

In the Oil and Gas industry, there is no single adversary and no single threat to the information tech...

UAS Integration for Infrastructure: More than Just Flying

Oil and gas companies recognize the benefits that the use of drones or unmanned aerial systems (UAS) c...

Solutions to Financial Distress Resulting from a Weak Oil and Gas Price Environment

The oil and gas industry is in the midst of a prolonged worldwide downturn in commodity prices. While ...
Sponsored by

2015 Global Engineering Information Management Solutions Competitive Strategy Innovation and Leadership Award

The Frost & Sullivan Best Practices Awards recognise companies in a variety of regional and global...
Sponsored by

Three Tips to Improve Safety in the Oil Field

Working oil fields will always be tough work with inherent risks. There’s no getting around that. Ther...
Sponsored by

Pipeline Integrity: Best Practices to Prevent, Detect, and Mitigate Commodity Releases

Commodity releases can have catastrophic consequences, so ensuring pipeline integrity is crucial for p...
Sponsored by

AVEVA’s Digital Asset Approach - Defining a new era of collaboration in capital projects and asset operations

There is constant, intensive change in the capital projects and asset life cycle management. New chall...
Sponsored by

Transforming the Oil and Gas Industry with EPPM

With budgets in the billions, timelines spanning years, and life cycles extending over decades, oil an...
Sponsored by
Available Webcasts

Better Data, Better Analytics, Better Decisions

When Tue, Oct 27, 2015

The Oil & Gas industry has large amounts of data stored in multiple systems which are purpose built for certain tasks. However, good decisions require insights based upon the data in all of these systems. These systems in turn do not talk to each other. So the process of analyzing data, gaining insights, and making decisions is a slow one and often a flawed one. Good decisions require accurate analytics and accurate analytics require superior/sustainable data quality and governance. This webinar focuses on:

  • The importance of data quality and governance
  • How technological advances are making data quality and governance sustainable in order to get the accurate analytics to make solid decisions.

Please join us for this webcast sponsored by Seven Lakes Technologies and Noah Consulting.


Operating a Sustainable Oil & Gas Supply Chain in North America

When Tue, Oct 20, 2015

Short lead times and unpredictable conditions in the Oil & Gas industry can create costly challenges in supply chains. By implementing a LEAN culture of continuous improvement you can eliminate waste, increase productivity and gain end-to-end visibility leading to a sustainable and well-oiled supply chain.

Please join us for this webcast sponsored by Ryder System, Inc.


On Demand

Leveraging technology to improve safety & reliability

Tue, Sep 22, 2015

Attend this informative webinar to learn more about how to leverage technology to meet the new OSHA standards and protect your employees from the hazards of arc flash explosions.


The Resilient Oilfield in the Internet of Things World

Tue, Sep 22, 2015

As we hear about the hype surrounding the Internet of Things, the oil and gas industry is questioning what is different than what is already being done. What is new?  Using sensors and connecting devices is nothing new to our mode of business and in many ways the industry exemplifies many principles of an industrial internet of things. How does the Internet of Things impact the oil and gas industry?

Prolific instrumentation and automation digitized the industry and has changed the approach to business models calling for a systems led approach.  Resilient Systems have the ability to adapt to changing circumstances while maintaining their central purpose.  A resilient system, such as Maximo, allows an asset intensive organization to leverage connected devices by merging real-time asset information with other critical asset information and using that information to create a more agile organization.  

Join this webcast, sponsored by IBM, to learn how about Internet of Things capabilities and resilient systems are impacting the landscape of the oil and gas industry.


Emerson Micro Motion Videos

Careers at TOTAL

Careers at TOTAL - Videos

More than 600 job openings are now online, watch videos and learn more!


Click Here to Watch

Other Oil & Gas Industry Jobs

Search More Job Listings >>
Stay Connected