Opportunities in view on #MiddleEast drill rig, support vessel market horizons. Owners of offshore support vessels (OSVs) will compete for charter and logistics support opportunities in the Middle East in 2025 with renewed confidence. https://lnkd.in/gRkVn54S
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The strategic initiative will see the combination of Oil States International's MPD Integrated Riser Joint (IRJ) system with Seadrill’s high-spec fleet of floating #drilling vessels to enhance safety and efficiency. #oilandgas #offshore
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UWILD activities at FPSO What is Underwater Inspection in Lieu of Dry-Docking (UWILD)? UWILD also known as Underwater Inspection in Lieu of Dry-Docking is an arguably safer and more efficient alternative to the more conventional dry-docking method of marine vessel inspection. UWILD inspections entail inspecting the submerged part of the vessel/FPSO What are submerged part of FPSO need to inspect.? Hull Similarly to any offshore vessel, the hull refers to the exterior of a FPSO. While a portion of the hull will always remain above surface, the entire underside and lower sections of the sides will consistently be below the water level. Mooring System The mooring system will generally consist of a variety of anchors, lines, and connectors. These serve the purpose of holding the FPSO’s station at sea in order to safely and effectively produce and store oil/gas. Risers Risers refer to pipelines that connect the FPSO to subsea equipment. ‘Flexible risers’ are the multipurpose pipelines that connect the vessel to the production structures (such as Plets and Plems) or the rigid pipelines at sea bottom level. They are constructed of flexible materials which allow for the FPSO to move without damaging or disconnecting the risers. As identified in the 2013 paper ‘Offshore Dry-Docking of FPSOs: A Response to Industry Needs’, FPSOs are generally designed for continuous usage over 25 years, however reality has shown that although designed to strict criteria, structural and hull maintenance shortcomings have become apparent after prolonged periods, subsequently prompting remedial actions or extensive offshore maintenance campaigns. Traditional inspection methods of drydocking FPSOs not only come at extensive costs, but pull the vessel out of service during the inspection. Methods of offshore drydocking are being developed, and while these would allow for the FPSO to remain connected to a drill or production site, the cost and scheduling complications of recruiting a heavy transport vessel are substantial. source https://lnkd.in/gmPCXGbk
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We have officially entered Q4 and the offshore energy markets are still bustling with opportunity following a, so far, busy 2024 where we have seen lots of market consolidation, new vessel orders and significant 2nd hand transactions. Through our vast network of owners we still have lots of asset opportunities looking to be transacted including, but not limited to, the following asset types: - WTIV / SEPs - SOVs - Floating and JU drilling units - Offshore support vessels (AHTS, PSV, CTV, FSIV, Utility, Tugs etc.) - Barges - Subsea vessels (DSV, SSCVs, MPSVs) - Accommodation units Reach out to us at contact@pharusmaritime.com if you and your company are looking to invest in, or charter, any offshore energy and civil construction assets. ⚓ P.S. We also do the occasional conventional asset transaction (bulk, container, tank, heavy lift) so don't hold back if this is what you seek. 😎 #shipping #brokering #snp #chartering #newbuilding #investing #maritime #finance
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#India’s Reliance Industries Limited Industries has exercised a four-well option with Transocean’s drillship Dhirubhai Deepwater KG1 for $111 million, the offshore driller said.
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⚓ #Good_to_know_in_maritime 🛟 📍 An Offshore Support Vessel (OSV) 🛳️ is a specialized ship designed to support offshore oil and gas exploration, production, and construction activities. These vessels provide various services such as transporting equipment, supplies, and personnel to and from offshore platforms, conducting maintenance operations, and assisting in emergency response and rescue efforts. ➡️ OSVs come in different types, including Platform Supply Vessels (PSVs), Anchor Handling Tug Supply (AHTS) vessels, and multipurpose vessels, each tailored for specific tasks like towing rigs, laying cables, or supporting subsea operations. They play a crucial role in ensuring the smooth functioning of offshore installations. #Offshore #Offshore_support_vessel #Oil_Gas #OSV #PSV #AHTS #ASD
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Day Rates are Clearly Improving… The Transocean Deepwater Åsgard wins contract extensions in the Gulf of Mexico. Hess Corporation have agreed to approximately one year or 365 Days (as quoted, don’t know why they say that, we know what a year is) extension to the Drillships existing contract. A nice $188 million in backlog, including additional services will keep the unit working in GOM until June 2026 in a continous movement from its existing deal. The previous contract extension on Deepwater Asgard drillship was quoted in April 2024 for day rate of $505/Day. Transocean clearly in control of its finances and as we have seen the juggernaut thin out some of its fleet it’s clearly looking to keep in the biggest game in town which continues to be Deepwater. Good luck to all and congratulations to all concerned, Drillers Shack wishes all the hands to stay safe and on the ball and we wish all the #management smooth operations. #oilandgas #offshore #drilling #innovation #broseidon
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What are Offshore Vessels? Check out this article 👉 https://lnkd.in/d3shGTkY #OffshoreVessels #Offshore #Vessels #Shipping #Maritime #MarineInsight #Merchantnavy #Merchantmarine #MerchantnavyShips
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Seadrill announced the successful installation of the Managed Pressure Drilling (MPD) Integrated Riser Joint (IRJ) on the West Polaris in Brazil. #offshoreoilandgas #innovativedrillingsystem #seadrill #westpolaris
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