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…
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…
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…
Continuous registration of vessel traffic above pipelines via the proposed Automatic Identification System (AIS) represents a significant improvement on pipeline operators' emergency response to possible mechanical damage, says Jens Erik Thygesen…
Five Ashtech ProFlex 500 GNSS receivers are helping guide the operations of the self-propelled offshore wind turbine installation vessel Bard Wind Lift I during construction of the first commercial wind farm in the German North Sea. The GNSS receivers are used for the jackup's every manoeuvre…
Following a recent flurry of new contracts, Marine Subsea UK is currently carrying out a multi-client well abandonment programme for a number of North Sea operators. Managing director Alasdair Cowie talks to Meg Chesshyre about how he sees the multiclient approach as the way forward…
With the UK poised to introduce an offshore carbon storage licensing regime, a process and design optimisation specialist and an Aberdeen-headquartered engineering, construction, operations maintenance and project management group are planning…
Gas is part of the solution to the global energy challenge says Brian Bjordal, president and CEO of Gassco, whose throughput of gas has doubled in just ten years. Meg Chesshyre reports.On the positive side, notes Bjordal, there are significant…