Tag: offshore

EU tightens offshore-oil regulation in response to BP spill

The European Union tightened safety rules for offshore oil and natural-gas exploration to curb the risk of a major accident after BP Plc’s 2010 spill in the Gulf of Mexico, the largest in U.S. history.  More »
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World’s biggest machines need strongest components at OTC

Alongside the oil companies marketing some of the largest and most powerful machinery on Earth this week are others with the world’s strongest of components to make them possible.  More »
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Drone presence grows at OTC — with video

Drones aren’t just for government agencies or science fiction movies.  More »
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Guest Commentary: Regulatory uncertainty challenging offshore operators

Greg Dillard, a partner at the law firm of Vinson & Elkins LLP, says it is in no one’s best interest to establish a regulatory climate that chills operators’ incentive to vigorously self-evaluate their operations for safety improvements.  More »
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Guest Commentary: Diminishing workforce poses big challenge for offshore firms

John Rynd, CEO and president of Houston-based Hercules Offshore, says the company is attacking the workforce shortage on multiple fronts, including trainee programs and military recruitment.  More »
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Q&A: Diamond Offshore prepares to staff rapid offshore growth

Diamond Offshore Drilling executives say they are preparing for an era of growth, with the number of offshore rigs expected to jump about 25 percent by 2017. Diamond CEO Lawrence R. Dickerson spoke to FuelFix about the challenges of the rapidly growing offshore industry.  More »
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3-D simulators provide solution to workforce skills-gap (with video)

With at least 187 new rigs under construction or on order, the industry is going to need thousands of capable workers to staff them as soon as possible  More »
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Houstonian wins OTC award for career in offshore safety

Ken Arnold is the 2013 recipient of the OTC Distinguished Achievement Award, given for technological, humanitarian, environmental and leadership contributions to the industry.  More »
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OTC Spotlight Award: Welltec’s pipe cutter eliminates cleanup

The Well Cutter, a new pipe-cutting tool from Welltec, is gaining a reputation for a polished cut that alleviates the need for further smoothing operations, saving operators valuable time and money in the field.  More »
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Equipment firms feel pressure as deep-water work heats up

These conditions were deemed too difficult to drill in even 10 years ago, but now are considered the next frontier among many of the oil industry experts gathered at Reliant Park for the Offshore Technology Conference.  More »

OTC Spotlight Award: West Drilling moves toward fully robotized rig

The last two decades have seen numerous advances in mechanization and automation of traditionally labor-intensive and dangerous tasks. But soon the industry may have its first fully robotized rig.  More »

Guest Commentary: Deep-water oil and gas essential to global energy future

Jeff Miller, executive vice president and chief operating officer of Halliburton, notes that deep water is the one remaining place where major untapped oil fields remain and the payoff can be extraordinary  More »
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