Iran decided to develop the Arash gas field on its own if Kuwait doesn’t answer to an offer to develop the field together. Iran said it would launch full-scale development of the offshore Arash gas field in the Persian Gulf if Kuwait does not respond to its offer of joint development, Fars News Agency reported. [...]
The increased technical sophistication of drill ships and other mobile drilling units, coupled with the greater regulatory oversight of offshore drilling, has spurred ABS to develop a new suite of classification standards and notations intended to provide MODU operators with increased confidence that their operations are being conducted to the highest demonstrable standards. “ABS [...]
International classification society RINA has used its offshore gas expertise to develop rules and guidelines for the exploitation, transport and storage of Compressed Natural Gas. Angelo Lo Nigro, Oil and Gas Manager, RINA, says, “Compressed Natural Gas offers an alternative way to move natural gas where volumes do not support a liquefaction plant or a [...]
Aberdeenshire-based supplier of specialist oilfield chemicals Aubin has developed a ground-breaking concept that it says could … Source: Worldnews, October 7, 2010;
Following the catastrophic oil spill in the Gulf of Mexico, it is clear that better provision has to be made for dealing with losses and damage arising in this context. In response, Munich Re has developed a new concept for insuring offshore oil drilling, which has the potential to create cover in the order of [...]
LS Cable (Chairman & CEO Christopher Koo) announced that the company has succeeded in the development and commercialization of an umbilical cable, a composite cable for offshore engineering, for the first time in Korea. The umbilical cable will be used for power supply and signal transmission/reception for controlling ROVs (remotely operated vehicle) which are used [...]
