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Saturday, November 2, 2024

Offshore Oil

"Offshore" refers to the discovery and development of oil and gas resources which lie underwater. Usually the term refers to ocean-based oil extraction , though the term can also apply to drilling in lakes and inland seas. The remote locations and harsh conditions of offshore oil production present different challenges than do land-based operations. Platforms and facilities must be carefully designed, assembled, and maintained to ensure safe, productive, and environmentally responsible operations.

Crew supplies , transportation, and waste disposal all rely on support vessels, and must be carefully coordinated to make the most of limited time, space, and resources. The isolation and cramped conditions of offshore facilities can cause personnel difficulties. Rig work is considered higher risk and the staff usually receive higher salary than industry workers in other fields. Technological advances in communications, such as video conferencing, have made it possible to keep more personnel onshore.

Offshore drilling presents environmental challenges, especially in extreme conditions or when operations are located close to land. Platforms are designed to function in many different situations: from shallow-water steel jackets and jackup barges; to floating semi-submersibles and deepwater drillships. There are currently more than 600 mobile offshore drilling rigs in the competitive rig fleet, including jackups, semisubs, drillships, and barges.

Tags: Offshore Oil

Image courtesy Kongsberg Maritime

CSOV Marks 1000th Vessel Design from Kongsberg Maritime

Kongsberg Maritime delivered its 1,000th ship design - the IWS Seawalker, a windfarm…

Source: ICTSI

East Java Multipurpose Terminal Opens for Business

ICTSI has officially opened its East Java Multipurpose Terminal (EJMT) in Lamongan Regency…

(Photo: Ørsted)

Anchoring America’s Energy Future: The Vital Role of Offshore Energy

Amidst sensational headlines and questionable policy decisions from Washington, D.C., the U.S.

(Credit: Strategic Marine)

Strategic Marine Delivers Fast Crew Boat for Brunei's Oil and Gas Sector

Singapore-based shipbuilder Strategic Marine has delivered the Amarco S1 fast crew…

© andrej pol / Adobe Stock

Energy Firms Evacuate US Gulf of Mexico Platforms as Hurricane Risk Builds

U.S. offshore oil producers were taking initial steps ahead of a storm predicted…

© Lukasz Z / Adobe Stock

US Offshore Oil Production Reawakens in Wake of Hurricane Francine

U.S. Gulf of Mexico energy firms on Friday were lumbering back from hurricane disruptions…

(Photo: NOAA)

Key Louisiana Energy Port Operations Halted as Hurricane Francine Approaches

The U.S Coast Guard on Wednesday suspended operations at the offshore energy services…

(File photo: Freeport LNG)

US Gulf Coast Energy Facilities Brace for Storm Francine

Energy facilities along the U.S. Gulf Coast have begun scaling back operations and…

Source: Equinor

Equinor Bullish on Offshore Oil

Equinor plans to invest 60 billion-70 billion crowns ($5.7 billion-$6.7 billion) per year offshore N

FPSO Guanabara MV31. Image Courtesy: MODEC

MOL Increases Stake in MODEC

Mitsui O.S.K. Lines, Ltd. completed the purchase on the market of 89,500 shares of…

(Source: Intelatus Global Partners)

Maine Wins Federal Floating Wind Research Lease

The Biden administration on Monday issued an offshore wind lease to the state of…

(Credit: Grandweld Shipyards)

Grandweld Shipyards Delivers New Vessel to UAE Operator

Grandweld Shipyards has delivered its latest vessel - the FNSA 7 - to Fujairah National…

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