Updated: May 10, 2023 (Originally published February 10, 2011)
RigZone is out with their 2011 outlook on Deep and Shallow water newbuilds on order from exploratory drilling companies worldwide. They write:
With utilization rates in the high 60th percentile worldwide, offshore rig demand is at a 5-year low. Nevertheless new rigs will hit the market this year to meet the demand for oil and gas exploration and production. Rig orders predominantly placed from 2006-2009, near the top of the offshore rig demand cycle, are ready for delivery over the next 12 months.
Looking ahead at 2011, there are 54 total rigs due to be delivered this year, down three from last year. Only 29 of those are contracted at this time. This number includes 21 jackups, 13 semisubmersibles, and 20 drillships. Continue Reading...
Also of interest is their article “Top Pay For Top Pros”, which looks at executive pay in the offshore O&G industry…. check it out.
Sign up for gCaptain’s newsletter and never miss an update
Essential maritime and offshore news, insights, and updates delivered daily straight to your inbox
In the following image submitted to us by Øystein Osvoll, the supply vessel Havila Foresight maintains station next to the Statoil-operated Grane oil platform and Prosafe’s Regalia accommodation rig. The Grane field,...
Ben Moll sends us the following image he took while conducting cargo operations between BHP Billiton’s tensioned-leg platform (TLP) Shenzi and the C-Performer supply boat located in Green Canyon in the...
Learning from each failure can be costly & time consuming. FMEA is a systematic method of studying failure. This ensures that time is not wasted & the root of the problem is quickly determined. It is used to Identify methods to eliminate or reduce the chance of that failure occuring in the future.
Subscribe to gCaptain Daily and stay informed with the latest global maritime and offshore news
Essential news coupled with the finest maritime content sourced from across the globe.
Sign Up
Join The Club
