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The 10th Annual FPSO CongressWith oil explorations moving towards deepwater, FPSOs are no doubt the future of the oil and gas industry. However, with the temporal dip in oil prices directly impacting your short term exploration profitability, how can you ensure that your return on this investment are well worth the cost of your FPSO |
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Tags:
deepwater exploration
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Offshore Oil and Gas industry
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deepwater production
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On April 22nd, the Deepwater Horizon grilling rig in the Gulf of Mexico exploded and sunk, causing the deaths of 11 people and leading to oil spilling into the ocean. Aside from being a human tragedy and an environmental hazard, the incident also highlights the importance of contract negotiation. No doubt in the weeks and months to come there will be various legal ramifications surrounding the ....more |
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Author: oil and gas Tags: contract negotiation | oil spill | Deepwater |
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The global offshore oil and gas industry has been constructing and using Floating, Production, Storage and Offloading (FPSO) vessels and systems since the late 1970s. In recent years, a significant number of these gigantic FPSO vessels have been constructed and commissioned in China’s modern shipyards. The design and construction of FPSO vessels has evolved over the years in response to the industr....more |
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Author: Tags: FPSO | China | deepwater |
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Of all the issues that have arisen from the oil leak in the Gulf of Mexico, the responsibility of companies for health and safety is one which is likely to take some time to resolve. At last count 22,000 people were assisting with the clean-up of the BP spill and more than 1,200 vessels were involved in the operation. [eventpdf] BP is also conducting an internal investigation, the prelimin....more |
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Author: Tags: Deepwater | oil spill | Gulf of Mexico |
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Many commentators around the world talk about the cause of the explosion on Deepwater Horizon when they actually mean the cause of the blowout and subsequent pollution. Blowouts are thankfully rare events; some blowouts in the past have not led to explosions, making recovery efforts more likely to succeed. The fatalities and the total destruction of the installation may have been prevented if an explosio....more |
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Author: Tags: Deepwater Horizon | risk analysis | Bill Cambell |
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