On the Lighter Side: Moon(pool) Gazing in Peru
Stena Drilling recently had some interesting visitors to the moonpool of its Stena Forth drillship in Peru. The creatures have been identified as South American sea nettle (chrysaora plocamia), a species of jellyfish.
The drillship is a harsh environment, dynamically positioned DP Class 3 capable of drilling in water depths up to 10,000 ft using 18 3/4-in.–15,000 psi Cameron TL blowout preventer and Cameron load king riser.
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.
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