Increased uncertainties about operating in ultra-deepwater typically result in over-designed production systems with resulting increased costs. Prasanna Parthasarathy and Kellin Nelson of MSi Kenny and Shell's Howard Littell discuss how high…
Nieuw-Lekkerland-headquartered Bayards, a key player in the offshore aluminium industry, is seeing early signs that the recession's grip on major oil & gas projects may at last be loosening.‘The market is coming back,' reports the company's commercial director Dick de Kluijver…
Fugro has teamed up with specialist underwater acoustics company Jasco Applied Sciences to provide a new marine renewables sector service – measurement of underwater noise and allied consultancy.With the measurement of underwater noise created…
Having enjoyed the occasional taste of EPC responsibility in recent years, Van Oord Offshore is looking for much more of the same. Although perhaps best known for its rock installation muscle as a subcontractor to the likes of Saipem and Allseas…
Heavy lifting, drilling and pipelay solutions provider Huisman has designed and built rock dumping systems before, notably for Tideway's Rollingstone and Seahorse vessels. But its next system, to be delivered later this year for the Tideway newbuild Flintstone…
Four of the largest oil companies have pledged $1 billion to build a rapid response system designed to capture and contain oil in the event of another Macondo-style blowout in the deepwater Gulf of Mexico.In a July 21 joint announcement, Chevron…
Unfair though it may seem, it is conceivable that the Macondo incident will have at least as damaging and persistent an impact on the offshore industry as Chernobyl does on the nuclear power industry. Professor Andrew C Palmer explains why.On…
Weather is a major factor when planning offshore drilling campaigns. Asbjørn Stålesen of FMC Technologies says the company's Real Time Operating Limits system has allowed it to increase the time available for carrying out drilling work.The biggest…
With a major Russian Arctic contract already in the bag for next year, the Tideway Group is looking at early payback on its €115 million investment in the industry's first ice-class fallpipe rockdump vessel.Dubbed Flintstone, the DP2 vessel…
OE 's analysis of current rig market data is updated monthly using statistics provided by Rigzone.comWorldwide utilization for the mobile offshore drilling fleet is tracking at 76%, near the top of a 74%-76% band that it has traversed over the past 11 months…
Wave and tidal energy specialist Marine Current Turbines and its project partners Queen's University Belfast, Mojo Maritime and Edinburgh University, have secured a grant of £250,000 from the UK's Technology Strategy Board and the Engineering…
The Macondo oil spill will have a lasting impact, but not the same repercussions on the petroleum industry that the Three Mile Island accident had on the nuclear industry. So said Douglas Becker, director oil services & equipment, global research for Bank of America…
Andrew McBarnet detects a shift of emphasis in the marketing of marine seismic.The marine seismic industry is well used to the cyclical nature of its operations, but could currently be described as being in something of a state of limbo. This…
Making more sense of pipe handlingNorway's TTS Sense has developed an advanced pipe handling machine named SmartRacker, following the award to the company of a contract to supply an entire drilling package to two advanced newbuild jackups…
Having repositioned itself during the 2009 downturn, Aberdeen-based consultancy Altra Energy recently joined forces with offshore contractor SLP North Sea to secure its first full-scope engineering assignment – for a new satellite production…