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World Offshore Drilling Activity: A 5-Year Outlook
The following is an outline of some of the key conclusions of the "The World Offshore Drilling Report 2003- 2007" recently published by energy analysts Douglas- Westwood. — By Dr. Michael R. Smith, Douglas-Westwood Offshore drilling has, for the last 30 years,
Rig Demand in the Doldrums
Worldwide demand for mobile offshore drilling units remains essentially flat, according to Houston-based offshore industry analyst ODSPetrodata, although offshore drilling activity is expected to increase modestly in certain areas as the year progresses.
OCEANS '77 Conference Set For October 17-18-19
Sessions on a variety of technological, educational and public policy topics will highlight the OCEANS '77 Conference, set for October 17-18-19 in Los Angeles, Calif. This annual meeting and exposition is jointly sponsored by the Marine Technology
Diamond M-Odeco Teams With VODL To Enter Floating Production Market
Houston-based Diamond MOdeco, one of the world's largest offshore drilling companies, plans to enter the global floating production market by forming an association with Victoria Oilfield Development Ltd., (VODL), of London. VODL was established by Seatramp Inc.
Canadian Survey Shows 400 New Vessels Needed During Next Ten Years
A survey conducted by the Canadian Shipbuilding and Ship Repairing Association points to a need for over 400 new vessels and floating equipment at a total cost (in 1981 dollars) of over $33 billion over the next 10 years. Expenditures, says the association,
Offshore Drilling: 5-Year Projection is $189B
"Over the next five years it is expected that 15,000 offshore wells will be drilled worldwide, at a total cost of some $ 189 billion. Of these wells nearly 4,500 will be exploratory costing $75 billion, and around 10,500 will be development, costing $114bn.
N e w V e r s i o n O f N a t i o n a l S u p p l y J a c k i n g System — L i t e r a t u r e A v a i l a b le
Literature is now available describing- a "fixed-mounted" version of its unique opposed-pinion jacking system for offshore platforms manufactured by National Supply Company. Attached by welding directly to the hull, the fixed version allows the