Archive | The Offshore Frontier

Can’t keep the offshore industry down

Posted on 28 May 2013 in 2013, Features, Global and Regional Markets, May/June, The Offshore Frontier

The global offshore industry is undeniably enjoying another renaissance. Both the deepwater and jackup segments are benefitting from high utilization and climbing dayrates in almost every market around the world, and few doubt this positive outlook will continue…

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From recovery into growth

Posted on 28 May 2013 in 2013, Features, Global and Regional Markets, May/June, The Offshore Frontier

The state of affairs in the Gulf of Mexico (GOM) has shifted from recovery mode to a new growth phase, with deepwater activity surpassing pre-Macondo levels. It’s estimated that the moratorium set the GOM back one to two years, but industry has finally achieved a period of bustling activity…

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FPSO boom calls for care with power supply equipment, hazards

Posted on 22 May 2013 in 2013, Drilling It Safely, May/June, The Offshore Frontier

The global FPSO market has encountered tremendous growth over the past 20 years and is showing no sign of slowing…

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BP commits to renewed focus on upstream oil and gas over next decade

Posted on 15 May 2013 in News, OTC, The Offshore Frontier

Over the next decade, as much as 75% to 80% of BP’s majority group capital expenditure will be spent in upstream…

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Statoil sanctions Julia development in GOM with ExxonMobil, pushes ahead with Logan

Posted on 15 May 2013 in Global and Regional Markets, News, OTC, The Offshore Frontier

Pursuing further growth in its US offshore portfolio, Statoil has sanctioned its fourth field development in the Gulf of Mexico…

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50% of total production to be pre-salt by 2020, Petrobras says

Posted on 15 May 2013 in Global and Regional Markets, News, OTC, The Offshore Frontier

Recounting Petrobras’ history in presalt activities so far, Carlos Tadeu da Costa Fraga, executive manager for Petrobras, shared the company’s..

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Statoil awards Mariner drilling services contract to Noble Corp

Posted on 14 May 2013 in News, The Offshore Frontier

Statoil has awarded a four-year contract for drilling services on the Mariner project to Noble Corp, with an option of up to two years…

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GE unveils BOP surface control system, condition monitoring/sensing for subsea at OTC

Posted on 08 May 2013 in Innovating While Drilling, News, OTC, The Efficient Rig, The Offshore Frontier

A BOP surface control system and operator interface designed for deepwater drilling was among several technologies…

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Triyards launches premium class HPHT jackup for water depths up to 400 ft

Posted on 06 May 2013 in News, OTC, The Efficient Rig, The Offshore Frontier

With the launch of TDU-400 jackup, a new Premium Class 400 HPHT rig, Triyards Holdings Ltd. has become one of three…

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MPD deployment from floating rig positions Petrobras for ambitious campaign through 2017

Posted on 01 May 2013 in Innovating While Drilling, News, The Offshore Frontier

A well abandonment, along with continued incidents of kicks and losses and nonproductive time (NPT), provided the impetus…

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