Rigs To Reefs News

 

Lamprell delivers latest NDC jackup

Feb 17, 2017

Rig builder and engineering firm Lamprell has delivered jackup drilling rig Al Hudairiyat for Abu Dhabi’s National Drilling Co. (NDC), within budget and on schedule. The rig is the eighth of an order or nine jackup rigs for NDC and the…

Up against Ospar

Dec 01, 2016

In Europe, and in other regions, the guiding principle for the rules governing oil and gas infrastructure decommissioning have been a return to a clean seabed. These principles are being challenged. Elaine Maslin reports. Anadarko’s…

Platforms, naturally!

Dec 01, 2016

After proving a deft hand at reusing topsides, Engie is now looking to do the same with jackets – but instead of moving them to new sites as production facilities, the firm wants to make them into marine habitats. Elaine Maslin reports. Engie’s vision…

IHS: Decom spend to hit $13 billion/yr by 2040

Nov 29, 2016

The decommissioning of aging offshore oil and gas platforms, subsea wells and related assets is increasing dramatically, with more than 600 projects expected to be disposed of during the next five years alone. This rapid trend toward decommissioning is causing spending to rise significantly…

Ocean Rig delays newbuilds, seeks financial advice

Aug 12, 2016

Rig operator Ocean Rig has agreed to delay the delivery of the first two of three new rigs it is having built by Samsung Heavy Industries. The firm is also assessing its future financial viability amid a 'grossly oversupplied market,' which is expected to worsen…

Rig count down 20%

Jun 07, 2016

The global offshore rig count for May 2016 has fallen 20%, when compared to May 2015, with Latin America seeing the biggest drop by 57%. Image from Saudi Aramco. According to Houston-based Baker Hughes…

US rig count drops nearly 60% year-on-year

Jan 08, 2016

Baker Hughes’ rig count for December 2015 shows decreases across five of the six regions with the US suffering the most, representing a 59.3% drop year-on-year, and the Middle East with the only increase. Image from iStock…

Belize moves to ban exploration in reef areas

Dec 04, 2015

The Belize government has approved a policy that will legally ban offshore exploration in all seven areas that make up the Belize Barrier Reef Reserve System World Heritage area, according to global heritage organization UNESCO. The decision…

Keppel Fels to buy Cameron's rig business

Aug 31, 2015

Singapore’s Keppel Offshore & Marine has agreed to buy Cameron International’s offshore rig business for US$100 million, comprising of the LeTourneau jackup rig designs. Keppel says the LeTourneau suite of jackup rig designs have been…

Baker Huges shows lower rig counts

Jul 08, 2015

According to the Baker Hughes offshore rig statistics, Latin America’s rig count is 62, down from 69 a month ago and down from 70 a year ago. The Europe offshore count is holding steady at 48, the same as it was one month ago and one year ago…

Decommissioning in the 21st Century

Jul 01, 2015

Wells and facilities decommissioning around the world is entering a new era. Some drivers for the changes in decommissioning are eco-awareness, a recent particularly onerous cycle of climatic events, facility design evolution, the glaring…

Red Hawk spar flies home

May 01, 2015

InterMoor’s Dusan Curic discusses the decommissioning of Anadarko Petroleum’s Red Hawk spar in the US Gulf of Mexico, a job that involved several industry firsts. With holes cut into the hull, Red Hawk spar is being tipped underwater…

BHI rig count not for the faint of heart

Apr 24, 2015

Baker Hughes Inc. issued its international rig count that showed 1251 rigs operating worldwide in March 2015 outside of the US and Canada. Unsurprisingly, global rig counts have dropped significantly due to an approximate 50% drop in crude oil prices since 2014…

Red Hawk artificial reef

Feb 03, 2015

In this video, Anadarko gives a closer look of its Red Hawk project. Red Hawk was the world's first cell spar and began production in 2004 in 5300 feet of water in Garden Banks Block 877, approximately 210 mi. south of Lafayette…

BHI international rig count for November 2014

Dec 05, 2014

Baker Hughes Inc. issued the November 2014 international rotary drilling rig count today, showing a total of 1324 rigs operating worldwide in November 2014, outside of the US & Canada. International activity in November was up 16 rigs from the 1308 rigs drilling in October 2014…

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