Definition: “CCS” stands for Capture Compression and Sequestration. This operation is directly related to the Carbone Dioxide (CO²). Comments: As reflected by the acronym, CCS require three different operations: Capture: The Capture of the CO² is not always easy, it depends very much where the CO² comes from, mixed with (more…)
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17
Apr
2012
“CCS”
17
Apr
2012
Husky & CNOOC gear up with Madura FPSO and FPU
16
Apr
2012
Drillship
Definition: “Drillship“ are ships designed to drill. Comments: These drillships are specially designed to perform drilling operations in deep-sea locations. A typical drillship will have, in addition to all of the equipment normally found on a large ocean ship, a drilling platform and derrick located on the middle of its deck. In addition, drillships contain (more…)
Read moreTo meet the Malaysia oil & gas production targets, Hess and Petronas have decided to speed up the development of the Kamelia and Belud oil fields. On Kamelia in the North Malay Bassin, Hess has awarded a letter of Intend to Emas Offshore Production & Construction (EOCL) to charter a FPSO (more…)
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13
Apr
2012
Shell & Chevron to kick off Malampaya Phase 3
Shell is operating the Malampaya gas field with 45% share, at the same level as Chevron while the local Philippines National Oil Company, PNOC, owns the remaining 10%. The third phase of Malampaya will suppose the construction of an offshore compression platform. This platform should be built in the Philippines (more…)
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13
Apr
2012
Semisubmersible
Definition: ”Semisubmersible” or “Semisub-” is referring to Offshore drilling rigs so called because they are combining the advantages of submersible rigs with the ability to drill in Semisubmersible drilling rig. The Semisubmersible drilling rig is made of a floating structure having vertical hollow legs connected to horizontal pontoons used for ballasting with seawater for stability. It also has numerous large heavy (more…)
Read moreChevron is planning to spend $3 billion in Indonesia this year where Gengalo and Gehem should take a major part. While Technip is performing the FEED for these two large FPUs, Chevron is completing the qualification process of the potential contractors to receive an invitation to bid (ITB) this quarter. For this FEED , (more…)
Read moreWith more than $75 billion Capital Expenditure to be invested in drilling rigs in the next 5 years, the pipeline of business opportunities in drilling rigs has never been so loaded according to Upstream, the Norwegian Oil & Gas newspaper. From their well documented analysis published in March about the drilling rigs, Upstream explains how this (more…)
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12
Apr
2012
Jack-up
Definition: “Jack-up” is the name given to a category of offshore drilling rigs. These Jack-up rigs are easy to recognize by their long steel frame legs supporting the platform. Comments: There are three basic types of offshore drilling rigs, Jack-up, Drilling ships and Semi-submersible. These types have different design and costs, (more…)
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