Showing posts with label offshore. Show all posts
Showing posts with label offshore. Show all posts

Wednesday, October 29, 2014

Where to invest Market for offshore Drilling Units booms




April 25, 2008
Offshore rig count grows by two
HOUSTON: The worldwide offshore contracted rig count grew by two this week, while the total available offshore rig fleet size is unchanged, according to ODS-Petrodatas weekly mobile offshore rig count.
This week, 614 of the worlds 685 mobile offshore drilling units are under contract.  Worldwide offshore rig fleet utilization is 89.6 percent.
In the Asia/Australia region, the number of rigs under contract rose by one this week, thanks to a new jackup contract.  With 100 out of 103 available offshore rigs under contract, fleet utilization stands at 97.1 percent.
All 99 mobile offshore drilling units in the European/Mediterranean region are under contract; European offshore rig fleet utilization is 100.0 percent.
The U.S. Gulf of Mexico contracted and total offshore rig counts are unchanged this week.  With 100 rigs out of 125 available under contract, fleet utilization remains at an even 80.0 percent.
The South American offshore drilling fleet size and number of rigs under contract are unchanged this week.  With 68 rigs out of 92 available under contract, fleet utilization is 73.9 percent.
In West Africa, the offshore rig fleet size and the number of contracted rigs are unchanged. With 57 rigs out of 58 available under contract, utilization remains at 98.3 percent.
For additional information, contact: Karen Boman, at 832-463-3000, email kboman@ods-petrodata.com.





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Wednesday, October 15, 2014

Work starts on French offshore tidal power project

The Business Insider has an article about a new French tidal power project being built by Irish company OpenHydro - Work Starts On The Worlds Largest Tidal Energy Project.
French utility giant Electricite de France is collaborating with Irish marine technology company OpenHyrdro to build the worlds largest tidal power station — essentially a giant underwater wind farm — off the northern coast of France (via Industrialinfo.com).

The new 8-megawatt facility consists of four tidal turbines and will be capable of generating enough energy to power around 4,000 homes. The first turbine was completed at the end of August and will undergo a series of tests before being installed on the subsea base at Paimpol-Bréha.

The project, which commenced work in 2008, will cost around €40 million ($56.5 million) and is expected to go live in 2012.

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