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Saturday, January 22, 2022

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

Credit: Ulstein

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Illustration only - A Bumi Armada offshore support vessel / Credit: Jeffrey Quilantang/MarineTraffic.com

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© Rolf Jonsen / MarineTraffic.com

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Copyright masterskuz55/AdobeStock

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Credit: Studio Barcelona/AdobeStock

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Oil company Taylor Energy Co LLC agreed to transfer a $432 million cleanup trust account to the U.S.

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Jake Anderson - Credit: Aqualis Braemar LOC

AqualisBraemar LOC Acquires OSD-IMT's UK Ops

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From left: Yohei Sasakawa, Chairman, The Nippon Foundation; Mitsuyuki Unno, Executive Director, The Nippon Foundation; Shakir Shamshy, Director, DeepStar; and Pat Toomey, Manager, DeepStar. Image courtesy The Nippon Foundation

Nippon Foundation, DeepStar Launch Joint Decarbonization R&D Program

The Nippon Foundation signed a Memorandum of Understanding (MoU) with the offshore…

For illustration; A Gulf of Mexico Platform - Credit: donvictori0/AdobeStock

U.S. Offshore Oil Auction Starts Under Court Order, Shadow of Climate Deal

The Biden administration on Wednesday will auction oil drilling rights to 80 million…

Credit: Photo: Contract signing with Nick Topham (left), Managing Director of BSM Germany, and Ahmed AlQadeeb, Vice President, Oil and Gas, Rawabi Vallianz Offshore Services © BSM/Rawabi

Bernhard Schulte Enters Saudi Offshore Market Through Rawabi Vallianz JV

Bernhard Schulte Shipmanagement (BSM) and Rawabi Vallianz Offshore Services (RVOS)…

Crude oil is shown in the Pacific Ocean offshore of Orange County, Oct. 3, 2021. U.S. Coast Guard photo (Cropped)

Amplify Energy Pulls Full-year Outlook after California Offshore Oil Spill

Amplify Energy Corp withdrew its full-year forecast on Monday, saying that a large…

Credit: Solstad Offshore

Solstad Offshore Sells Platform Supplier

Norwegian offshore vessel owner Solstad Offshore is continuing with divestments of…

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