Noble Jim Day Semisub Cold Stacked
The Noble Jim Day semisubmersible (left) arrived at Harbor Island in Port Aransas, Texas, on 29 July to be cold stacked. The drilling rig is a Trosvik Bingo 9000 design built in 1999 and upgraded in 2010 with a rated water depth of 12,000 ft and a rated drilling depth of 37,000 ft.
The Seadrill’s West Sirius drilling rig (right) was mothballed at Harbor Island late last year. Built in 2008, the ultradeepwater rig is a Freide & Goldman ExD Millennium design rated for 10,000-ft water depth and 37,500-ft drilling depth. The semisub drilling completed its de-manning and thruster removal in preparation for cold stacking during the third quarter last year. Seadrill expected the annual cost to cold stack the rig to be approximately USD 3.5 million.
Both rigs operated in the US Gulf of Mexico. The last contract with Noble Jim Day was with Shell before it was set for cold stacking. BP terminated its contract for West Sirius last March.
As Major Offshore Projects Are Pushed Out, Gloomy Year Ahead for the Subsea Market
While a year with less than 200 subsea tree awards seems uncommon, a year with less than 100 awards is an even rarer sight. It has only happened once before since the turn of the century, in 2016 following the oil price crash of 2014–2016.
Western Australia Gas Producers May Profit From Oil Crash
The race is on to fill NWS gas export plant.
Global LNG Industry Faces Shutdowns Following Six Years of Continued Growth
New LNG capacity in 2019 kept pace with higher trading volumes and supply/demand growth. Key questions and barriers still remain for the future of the LNG industry in 2020.
Don't miss out on the latest technology delivered to your email every two weeks. Sign up for the OGF newsletter. If you are not logged in, you will receive a confirmation email that you will need to click on to confirm you want to receive the newsletter.