Offshore Rigs News - page 105


Products in action

Oct 25, 2012

Inside PazflorBelgian firm VRcontext International was recently contracted by Total E&P Angola to deliver a 3D immersive training simulator (ITS) for the Pazflor FPSO, to be anchored on one of Total’s largest offshore producing assets.The company’s…

A 'wells-up approach' to rig design

Oct 07, 2012

Getting the drilling facilities design process right not only ensures the operator gets the ideal rig for the job but also increases HSE and operational efficiencies and cuts rig construction and commissioning costs. Andy Kay and Rodrigo Rendon discuss the RDS approach…

Rig market

Oct 01, 2012

Utilization for the worldwide mobile offshore drilling fleet continues to hold steady at 77% – almost five points higher than this time last year. The trailing twelve-month utilization average is at 75%. Floater utilization in the Gulf of Mexico…

Prosafe Rigs

Sep 12, 2012

Prosafe Rigs has entered into an agreement to sell the accommodation jackup Safe Esbjerg to an unspecified Southeast Asian buyer in a $55 million transaction.

Rig market

Sep 01, 2012

The worldwide mobile offshore drilling fleet has seen modest but steady increases in utilization since the beginning of the year. Currently, worldwide utilization stands at 78% whereas at the start of the year it was hovering around 73%.Recently…

Upstream costs climb

Aug 01, 2012

High demand for goods and services helped push up building and operating costs for upstream oil & gas facilities over the six-month period covering 3Q 2011 to 1Q 2012, according to two IHS cost indexes. The IHS Upstream Capital Cost index rose 2…

Rig market

Aug 01, 2012

OE's analysis of current rig market data is updated monthly using statistics provided by Rigzone.comMaking a strong showing during the second half of 2012, North Sea utilization rates are leading the way with a 96% average.The worldwide competitive…

Rig market

Jul 01, 2012

OE's analysis of current rig market data is updated monthly using statistics provided by Rigzone.comUtilization for the worldwide competitive mobile offshore drilling unit (MODU) fleet remains steady at 86%.Although demand for all rig types has grown by 57 rigs over the last twelve months…

Rig market

Jun 01, 2012

OE's analysis of current rig market data is updated monthly using statistics provided by Rigzone.comUtilization for the competitive fleet of mobile offshore drilling units worldwide has been gradually improving since February and is currently in the mid-80% range…

Cookie cutter approach pays drilling dividends

May 01, 2012

ENSCO 8505, the sixth in a series of seven ultra-deepwater semisubmersibles, recently arrived in Texas for final trials before launching a two-year stint under contract to Anadarko, Apache and Noble Energy in the Gulf of Mexico. Russell McCulley was on hand in Corpus Christi…

Marine Renewables

May 01, 2012

US offshore wind studies under wayThe US Department of Energy has awarded GL Garrad Hassan two grants worth a total of $700,000 to fund studies that will help identify optimal strategies for the installation, operation and maintenance of offshore…

Asian players land bigger fish

Mar 01, 2012

The mix of orders for all categories of drillings rigs continues, with Asia Pacific and Middle East shipyards and their overseas affiliates indicating a marked drift away from jackups and towards ever larger semisubmersibles and ultra-deepwater drillships…

Products in action

Dec 02, 2011

TORXS saves a well Baker Hughes has introduced an expandable liner hanger system that the company says is the only system of its type that is installed and released prior to a cement job, eliminating the risk of running tools becoming fixed in place during cementing…

BOP risk software in the works

Dec 02, 2011

Class society Lloyd's Register is working with leading owners and operators from the oil & gas sector to improve current methods of monitoring the performance of blowout preventers. Two risk management specialists within the Lloyd's Register Group…

Rig building writ large

Dec 01, 2011

Despite a brief interruption post-Macondo, the rig newbuilding boom that started in 2005 is gathering momentum. Jennifer Pallanich talks to IHS about the latest trends in the drilling contractor market.One of the trends that Tom Kellock, Houston's head of consulting for IHS Petrodata…

Current News

Vessel to Complete Mexico's First Floating LNG Plant Sets Sail

AMETEK LMS – Magnetrol Genesis Multiphase Detector

Seatools Completes FAT for DEME's Fall Pipe ROV

Vattenfall, BASF Partner on Nordlicht 1 and 2

Subscribe for OE Digital E‑News