Marine Link
Tuesday, November 13, 2018

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

Keppel to Upgrade KrisEnergy Production Barge

Singapore's Keppel Offshore & Marine said its wholly-owned subsidiary Keppel Shipyard…

Image: Survivex

3T Energy Group Buys Offshore Training Firm Survivex

Technology and training organization 3T Energy Group has acquired Aberdeen-based Survivex…

A Gulfmark offshore support vessel (CREDIT: Gulfmark)

Cautious Consolidation for OSV Companies Brings Market Change

Will a rising tide in the offshore oil markets float all the boats? In the U.S. Gulf of Mexico…

Image: UOS

UOS Completes Acquisition of UOS Support and Hartmann Offshore

German offshore industry service provider United Offshore Support (UOS) announced…

“We’re starting to see a lot more investment in LNG, but if you want to be in you have to start now,” Jim McCaul of International Maritime Associates (IMA)

LNG Investment Set to Grow

Following years in the pricing doldrums, LNG is hot again, with business prospects…

© Dmytro Vlasov / MarineTraffic.com

Turkish Ship to Continue Explorations in Mediterranean

A Turkish energy exploration ship will continue to operate in the Mediterranean Sea, the energy mini

© Gerry McGonigle / MarineTraffic.com

Turkish Navy Stops Greek Frigate 'Harassment' in Mediterranean

Turkey's state-run Anadolu news agency said on Thursday that the navy had stopped…

(Photo: Veecraft Marine)

Partners to Produce Innovative Dive Vessel

Veecraft Marine, subsidiary of Paramount Maritime Holdings, and Unique Group announced…

Image:  GMS

Gulf Marine Services Bags New Contract

UAE-based Gulf Marine Services (GMS), a provider of self-propelled self-elevating…

Prelude. Photo: Shell

LNG Report: Floating Liquefaction & Regasification

International Maritime Associates has completed a 12-month study of the global market…

© Wojciech Wrzesien / Adobe Stock

IMA Completes 12-month Study of the Floating Liquefaction and Regasification Market

International Maritime Associates has just completed a 12-month study of the global…

Image: Subsea 7

Subsea 7, OneSubsea Bag Gulf of Mexico Contract

Offshore oil services firm Subsea 7 has announced the award of a sizeable contract…

Related Articles

Navigation

Navigation, derived from the Latin words "navis" (meaning  "ship") and "agere" (meaning "to drive") is the process of accurately determining the position and controlling the movement of a craft or vehicle along a desired course. This is accomplished…

Port Authority

A port authority operates ports and other transportation infrastructure for a special-purpose district. Whether operated directly by the government or in cooperation with government agencies, North American port authorities are public entities and are governed by a board or commission.

Naval Architecture

Naval architecture is the field of engineering which deals with the design, construction and repair of ships, boats, and other marine vehicles. Ship and vessel design relies on many of the same technologies and engineering expertise found on shore…

Salvage

Marine salvage is the process of rescuing a ship, its cargo, or other property from peril. Salvage encompasses rescue towing, putting out fires, patching or repairing a ship, refloating a sunken or grounded vessel, moving a disabled vessel in order to clear navigation channels…

Shipbuilding / Vessel Construction

Shipbuilding is the construction of ships, which takes place in a specialized facility known as a shipyard. Shipbuilders, also called shipwrights, are workers which specialize in vessel construction and repair. The construction of boats is called boat building.
Maritime Reporter Magazine Cover Nov 2018 - Workboat Edition

Maritime Reporter and Engineering News’ first edition was published in New York City in 1883 and became our flagship publication in 1939. It is the world’s largest audited circulation magazine serving the global maritime industry, delivering more insightful editorial and news to more industry decision makers than any other source.

Subscribe
Maritime Reporter E-News subscription

Maritime Reporter E-News is the subsea industry's largest circulation and most authoritative ENews Service, delivered to your Email three times per week

Subscribe for Maritime Reporter E-News