WFS Technologies Scoops Two Esteemed OTC Awards for its Subsea Innovations
Global subsea wireless and digitalisation specialist WFS Technologies has scored a double whammy after being revealed as the winners of two prestigious accolades by the...
Offshore
COVID-19 Outbreak Leads to a Surge in Tanker Rates
The rates for chartering very large crude carriers (VLCCs) has surged exponentially due to a spike in demand for long-term offshore storage of crude oil...
Is Crude Oil Storage on Vessels the Answer?
Two of the world’s largest producers of crude (Saudi Arabia and Russia) refused in early March to curb output and are now flooding the market...
Autonomous Technology Can Mitigate the Business Impact of the Coronavirus
The coronavirus has exposed the soft underbelly of critical infrastructure and industrial sites worldwide – workforce availability. As more and more companies implement business continuity...
Macondo Tragedy: Lessons Learned at the Edge of Technological Envelope in Deepwater GoM
Just before 10:00 pm on the night of April 20, 2010, the Macondo well blew high pressure oil, gas and mud through the derrick of...
Potential Failure Modes and Considerations for Reel-Lay Method of Installation
Several methods exist for the installation of rigid subsea pipelines. Some of the better-known ones include: S-Lay, J-Lay, Reel Lay, Surface Tow, Below Surface Tow,...
Oil and Gas Critical to Aberdeen’s Ambitious Plans to Become a Clean Energy Hub
As a gateway to the North Sea, Aberdeen has been pivotal to the success of the oil and gas industry, but much is now being...
Future Growth of Offshore Oil and Gas Industry in Global Regions
The Offshore Oil and Gas Market valued at $86 Million in 2018 is expected to reach $151 Million by 2025 with the CAGR of 8.3%...
Guyana, Mauritania and Russia Led Global Resource Discoveries in 2019
In 2019, offshore discoveries accounted for more than 60% of global discoveries, up significantly on previous years, says GlobalData, a leading data, and analytics company....
Deepwater Subsea: The Long Journey from Macondo to 2020
From Paper Records to Digital Checklists and Digital Twins and an Electronic Ecosystem to Prevent the Next Macondo April 20, 2010: Mike Fry recalls that...