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Drilling

Super Barge Touted For Strengths, Depths

Employed in the oil and gas industry for 60 years, simple and sturdy swamp and posted drilling barges have been a preferred method to drill in shallow water. This basic design has made it possible for the barge to drill in water depths from six through 24 ft., as well as the ability to be towed and to travel the Intercoastal waterway, lakes, bays and bayous. With the average drilling depth in the northern Gulf of Mexico ranging between 12,000 and 18,000 ft. in shallow water depths, the standard drilling equipment was designed to accommodate drilling depths to 25,000 feet. The new proposed drilling depth is 40,000 ft., which far exceeds the design of standard swamp and posted drilling barges. However, there is a solution. The Super Barge, patented by Herman J. Schellstede, has the ability to maintain vessel stability in soft bottom conditions, operating in surf zone ocean areas containing tidal wave conditions driven by hurricane winds, providing lifting equipment to drill to 40,000 ft. depth. In addition, Super Barge is designed to:Drill cluster wells and provide well protection systems;House solids control systems, which will provide drilling mud quality for 40,000 ft. drilling employing large diameter drill pipe; Provide an environmental center, which includes the disposal and treatment of cuttings; Maintain location in major storm conditions; Support 100 operational personnel; Lift casing and drill pipe bundles (100 ton capacity)Provide 4-3000 N.P


New Inland Barge Drilling Rig

Parker Drilling Co. has received the newest member of the Parker international drilling fleet, drilling barge rig #75. Built by Oil Barges, Inc., the shallow water drilling rig will commence drilling operations in mid-August. The rig has a 25,000 ft., drilling depth rating with an SCR drive system. All drilling and mud processing equipment is installed on a multi-level barge measuring 240 ft. long and 70 ft. wide. The barge also includes an 82-person accommodation facility.


ABB Wins Offshore Contracts of $150m

ABB, a power and automation technology group, recently won six contracts collectively worth more than $150m to supply main electrical systems for drilling rigs and drill-ships built in Asia. The orders were booked during the third quarter of 2008. Among the new orders are three deepwater drilling rigs now under construction at the Jurong Shipyard in Singapore, two drill-ships (Stena DrillMAX ICE and the Pride #4 drill-ship) to be built at Samsung Heavy Industries and another drill-ship for


Hyperdynamics Offshore Guinea Exploration Project

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AGR Petroleum Services today signed a drilling contract, on behalf of Hyperdynamics Corporation (NYSE Amex: HDY), with Jasper Drilling Private Limited of Singapore to contract the drill ship Jasper Explorer for drilling in Hyperdynamics' concession offshore the Republic of Guinea. The Jasper Explorer is a modern Pelican Class self-propelled drill ship capable of operating in water depths up to 5,000 feet. "The conclusion of a drilling contract with Jasper Drilling Private Limited is a


Aker Solutions Wins Drilling Equipment Contract

MH TorqueMaster: Photo credit: Aker Solutions

Aker Solutions wins  Daewoo Shipbuilding & Marine Engineering contract to supply two drilling epuipment packages to 'Cat D' rigs Aker Solutions has received a Letter of Award from Daewoo Shipbuilding & Marine Engineering (DSME), to supply a further two drilling equipment packages to the 'Category D' drilling rigs the yard is building for the rig operator Songa Offshore. Contract value is undisclosed.


Ocean Rig Charter Out 'Erik Raude'

Rig Erik Raude: Photo credit Ocean Rig

Ocean Rig UDW Inc., a global provider of offshore deepwater drilling services, signs contract with an oil major for the semi-submersible drilling rig 'Erik Raude'. The drilling contract is for a one-well program, with an estimated duration of up to 6 months, for drilling offshore Ireland, with an estimated backlog of approximately US$112 million, including mobilization and demobilization. The rig is scheduled to commence this contract in the second quarter of 2013


Aker Kvaerner Gets Drilling Equipment Contract for Samsung

Samsung Heavy Industries Co. Ltd. in Korea has awarded Aker Kvaerner a contract for delivery of a new drilling rig to Eastern Drilling's West E-Drill project. The project will start immediately at Aker Kvaerner's subsidiary Aker Kvaerner MH, with delivery of the drilling equipment package in the second half of 2007. The new contract was an option in a contract Aker Kvaerner MH signed with Samsung in June 2005, and the scope is similar for both contracts The drilling system will be a


Aker Kvaerner Awarded Drilling Equipment Contract

Aker Kvaerner has signed a contract with Jurong Shipyard Pte. Ltd in Singapore for delivery of a drilling system for one ultra deepwater drilling semi-submersible unit. The total contract value for Aker Kvaerner is approximately $113m. The contract is undertaken by the Aker Kvaerner subsidiary, Aker Kvaerner MH in Kristiansand. The scope of work is to deliver a complete drilling package consisting of engineering, drilling equipment deliveries and subsea equipment.


Aker Solutions Wins Jack-up Drilling Contract

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Aker Solutions has won a contract from Yantai CIMC Raffles Offshore Ltd to supply a complete drilling equipment package for a new jack-up drilling rig, being built by the Chinese yard.   The contract value is undisclosed. The new rig is of the 2000E jack-up design, and the contract includes options for a further three jack-up rigs of the same design. "We are pleased to see Aker Solutions' competitive position in the jack-up market, which we expect to be active in the future


Semi-submersible Rig 'Erik Raude' Contracted

Ocean Rig UDW Inc.  has received a Letter of Intent to contract one of its semi-submersible drilling rigs, “Eirik Raude”, from an oil major. The Letter of Intent is for a one-well program, with an estimated duration of up to 6 months, for drilling offshore Ireland, with an estimated backlog of approximately $112 million, including mobilization and demobilization. The rig is scheduled to commence this contract in the first quarter of 2013


Russia Launches Arctic Drill

Image: Russia Military

 Russia launched military exercises in the Arctic. According to press service of Russia’s Defence Ministry, the interservice exercise of the Northern Fleet forces started in the Arctic at the Taimyr Peninsula.   According to the Northern Fleet Commander Admiral Vladimir Korolev


Aussie-Indian Submarine Drill, China Cautious

Photo: Indian Navy

 As part of growing strategic relationship to counter China's increased activity in the Indian Ocean,  India and Australia will focus on anti-submarine warfare in their first ever joint naval exercises,  reports SMH.   The Indian Navy and Royal Australian Navy are gearing up


CNOOC Profits Nosedives, Eyes South China Sea

Photo: Cnooc Ltd

 Cnooc Ltd., China’s biggest offshore oil and gas explorer, posted a 56 percent decline in profit for the first half of this year.   Net income dropped to 14.73 billion yuan ($2.3 billion), or 0.33 yuan a share, from 33.59 billion yuan, or 0


Builder KHI Contracts ALMACO for Drillships Work

ALMACO Group informs it has been awarded the design, material supply and supervision contract from Kawasaki Heavy Industries, Ltd. (KHI) in Japan for the first (DRU#1 - Ondina) and second (DRU#2 - Pituba) drillships for the Enseada Industria Naval project  


Shell Arctic Drilling "Risky"

Photo: N. Scott Trimble / Greenpeace

 Former BP PLC Chief Executive John Browne said fellow FTSE 100 giant Royal Dutch Shell PLC is risking its long term reputation and finances by deciding to drill n the Arctic, the BBC reported.   But the CEO of Royal Dutch Shell says he decided to drill for oil off the coast of Alaska


Protesters Face Fines for Dangling from Oregon Bridge

© Tim Aubry / Greenpeace

Five Greenpeace protesters who dangled from a Portland, Oregon, bridge for two days in a bid to block a Royal Dutch Shell ship headed to the Arctic to drill for oil are each facing $5,000 fines from the U.S. Coast Guard, authorities said on Thursday.  


Can't Touch This: The Climate Case Against Arctic Drilling

Photo: White House

 A new report released today by Oil Change International and Greenpeace USA details a clear case against drilling for oil in the Arctic ocean based on climate science imperatives.    The report, “Untouchable: The Climate Case Against Arctic Drilling,” shows U.S


Obama to Visit Arctic

Photo: Official Facebook Page of Obama

 President Barack Obama is traveling to Alaska in late August to visit the front lines of climate change, which he called "one of the greatest challenges we face this century".   He'll speak to a global Arctic leadership summit in Anchorage and also travel north to the Arctic


Record Number of Vessels Serviced at Drydocks World-Dubai

Photo courtesy of Drydocks World

Drydocks World, a provider of maritime and offshore services to the shipping, oil, gas and energy sectors, informs it has serviced a record number of 40 vessels in its Dubai yard. With 40 vessels simultaneously in Drydocks World facilities—more than ever before in Drydocks World’s


US Gives Shell Final Nod to Drill for Oil in Arctic

Fennica (Photo: Arctia Shipping)

The Obama administration on Monday granted Royal Dutch Shell the final permit to drill for oil and gas in the Arctic for the first time since 2012, a move environmentalists vowed to fight.   The Interior Department gave Shell the final permit to drill into the oil zone in the Chukchi Sea


NOIA Praises US Approval for Shell Arctic Drilling

Randall Luthi (Photo: NOIA)

National Ocean Industries Association (NOIA) President Randall Luthi today issued a statement offering his praise of Royal Dutch Shell’s revised Application to Drill in the Chukchi Sea.   The Interior Department granted Shell final approval to drill into the oil zone in the Chukchi


Arctic Drilling 'Not Worth the Risk' -Hillary Clinton

Hillary Clinton

U.S. Democratic presidential candidate Hillary Clinton said in a Twitter post on Tuesday that drilling for oil and gas in the Arctic Ocean was "not worth the risk." "The Arctic is a unique treasure," Clinton said. The Obama administration on Monday gave Royal Dutch Shell


ISS Bags Tanzania's Paragon project

Paragon Offshore’s jack-up rig M826 in position.

  Inchcape Shipping Services (ISS) has been appointed by Paragon Offshore, Houston, as marine and logistic services provider for a new drilling campaign off the Songo Songo Islands, Tanzania – the first new commercial drilling project in Tanzania in a number of years.


Oil Below $40/bbl After Rise in US Oil Rigs

U.S. crude oil prices on Friday dove below $40 a barrel for the first time since the 2009 financial crisis, notching their longest weekly losing streak in 29 years after a further rise in U.S. drilling and a drop in Chinese manufacturing.  


Shipping Magnate John Fredriksen Concerned about China

 John Fredriksen. Photo: Twitter

 The turmoil spreading from China is certainly not good for the shipping market, says billionaire John Fredriksen to Bloomberg News.   John, the billionaire who made his fortune investing in crude tankers, said he’s “very worried” on global shipping markets






 
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