To avoid major accidents, safety barriers are critical to stop accident pathways before they become serious, and they need to be treated accordingly. This has to be reflected in operations and ideally in regulations. If not, safety barriers which often address rare events might lose the everyday battle for attention among all the safety and [...]
Standard Drilling (SDSD) has signed a separation agreement with its COO, Mike Kelley. Kelley will be relieved from his day-today responsibilities with immediate effect but will remain at the Company’s disposal until August 2013. Standard Drilling CEO, Martin Nes, says : “In light of the recent rig new build sales transactions executed by SDSD Plc. and its subsidiary companies, SDSD will not [...]
The Petroleum Safety Authority Norway (PSA) today announced it had carried out an audit of leadership and management of preparedness on Statoil’s Heidrun field from 3-4 September 2012. The objective of the audit was to gain an overview of processes and systems that contribute to ensuring comprehensive leadership and management of preparedness on Heidrun. Nonconformities [...]
Statoil is still trying to find a solution, which will allow the company to participate in the Shtokman project. Both technical and commercial challenges must however be solved before Statoil makes a final investment decision. It was not possible to arrive at a solution for the Shtokman development within the framework of the Shtokman Development [...]
Cairn Energy India Pty Ltd., the Operator of the Offshore Ravva block located off the east coast of India has announced that two of its platforms in the field need blasting and painting. The company has called experienced contractors to file their Expression Of Interests for the job that is expected to begin in November [...]
The overall production outlook for Asian companies is relatively robust in the near-term but looking towards the longer-term, a continued shift by major Asian companies towards internationalisation and higher-risk resource themes will be crucial to production growth. Norman Valentine, Senior Corporate Analyst for Wood Mackenzie says, “Asian company portfolio value remains heavily inclined towards maturing [...]
The integrity and operational problems of blowout preventers (BOPs) will be followed up by the Petroleum Safety Authority Norway (PSA) through its membership of the International Regulators’ Forum (IRF). The present status of the industry’s work on well control issues was presented at the IRF’s offshore safety summit in Stavanger today. One session of this [...]
Keppel Singmarine Brasil (KSM Brasil), Keppel Offshore & Marine Ltd (Keppel O&M)’s new 7.6-ha shipbuilding facility in the state of Santa Catarina, has secured two newbuild contracts worth about S$140 million from fleet operators in Brazil. The first contract entails building a series of six 45-tonne bollard pull twin-screw Azimuth Stern Drive (ASD) harbour tugboats, [...]