Offshore Oil & Gas news

Offshore
101
102

Once upon a time a giant in the Offshore Construction business, McDermott has fallen on hard times:

Together with Brown & Root, CB&I, Bechtel, Ingram and SantaFe they were the leader in the field for many years. But they were too slow to modernize from the old barges to modern construction vessel, like the one in the picture.

1 Like
103

Reducing GHG emission from FPSOs will make for “cleaner” oil production:

PS> Some Norwegian Offshore platforms are already receiving hydro power from shore, or power from floating wind farms close to the fields, for the same reason.

104

McDermott is looking in better shape:

Modern equipment and technology helps.

105

Another irresponsible foreign company has been polluting pristine US Gulf waters:

106

Hilarious. Transocean still claims to be in Switzerland? Maybe their P.O. box.

107

Yes they are legally a Swiss company since 2008 and listed on the Swiss stock exchange since 2010:

https://investor.deepwater.com/node/19256/html

They apparently share their address with a few other companies. ( American and others):
https://www.4towers.ch/home.html

108

I know. I remember when a US news crew went to the “office” years ago and the only one there was a cleaning lady who had not seen anyone. Perhaps they have actual people there now.

109

You mean they didn’t stay long?:

Or are they still living happily in Geneva and the office in Zug is only for show (AKA." legal reasons")??:
https://wider-sa.ch/index.php/en/product-space/furniture-and-lightning/300-transocean-geneva

110
111

https://reachsubsea.no/

112

Australian Offshore is busy:

image
image800×533 60.9 KB

113
114

https://www.nordnes.nl/history.php

115

VERY close to the line between Timor Leste and Australia EEZs:

image
image1510×1203 111 KB

image
image1111×1351 117 KB

The producing Bayu - Undan Field is situated inside Timor Leste EEZ, but operated from Australia.
A 500 km gas pipeline goes to a processing plant and export facility near Darwin:

116
117

Aussie union showing muscles:

The background story:

118
119

Not offshore but oil & gas:

120