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Wednesday, June 20, 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

CNOOC Developing New Deep Sea Gas Block in South China Sea

China's offshore oil and gas producer CNOOC has started developing a new gas field in the South Chin

© Wojciech Wrzesien / Adobe Stock photo

Phoenix Petroleum, CNOOC Partner for LNG Terminal

Philippine fuel retailer Phoenix Petroleum said it had agreed to partner with a subsidiary…

(Photo courtesy of Höegh LNG)

CNOOC Leases Bigger FSRU to Boost LNG Imports

The trading arm of China National Offshore Oil Corp (CNOOC) struck a three-year lease…

Offshore Oil: Tullow eyes Ghana Assets

Tullow Oil is interested in new oil blocks off Ghana's coast as part of the British…

SOCAR Inks Deals for Caspian Fields with Equinor

Azeri state oil company SOCAR and Norway's Equinor on Wednesday signed a risk service…

Photo: PAO Sovcomflot

PAO Sovcomflot: Tanker Market is Challenging

PAO Sovcomflot (SCF Group) continued to increase the share of its fleet serving long…

© h368k742 / Adobe Stock

Norway Launches New Licensing Round in Mature Offshore Areas

Norway will hold a new licensing round for its offshore oil and gas fields in already opened areas…

File Image: A photo taken during an offshore DNV GL Drone-enabled survey (CREDIT: DNV GL)

In US Gulf, Robots, Drones Take on Dangerous Offshore Oil Work

At BP's massive Thunder Horse oil platform in the U.S. Gulf of Mexico, a dog-sized…

Courtesy BSEE

BSEE Regs Update to Cut Burden on Operators

The Bureau of Safety and Environmental Enforcement (BSEE) – incorporating industry innovation…

Goliat FPSO (© Eni Norge)

Fire in Sauna Shuts World's Northernmost Oilfield

The world's northernmost oilfield was shut on Friday when a fire broke out in a sauna…

File Image: Credit Robert Murphy

CNOOC Seeks LNG Cargoes for up to 2022

China National Offshore Oil Corp (CNOOC) is seeking liquefied natural gas (LNG) cargoes…

File Image: CREDIT GAC

BP eyes 119 LNG Cargoes Annually From Indonesia

Oil major BP is targeting shipping 119 cargoes of liquefied natural gas (LNG) from…

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