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Prosafe was formed in 1997, when the platform drilling and technical services divisions de-merged from Transocean [clarification needed] as a separate company and became listed on the Oslo Stock Exchange as Procon Offshore ASA. This company merged with Safe Offshore ASA, thereby entering the business segment of accommodation/service rigs, and ...
Drill bit (#26) is a device attached to the end of the drill string that breaks apart the rock being drilled. It contains jets through which the drilling fluid exits. Drill floor (#21) is the area on the rig where the tools are located to make the connections of the drill pipe, bottom hole assembly, tools and bit. It is considered the main area ...
Azurite FDPSO. The Azurite FDPSO is the world's first floating, drilling, production, storage and offloading (FDPSO) vessel. [4][5] The Azurite FDPSO was built at the shipyard of Hyundai Heavy Industries in 1988 as a very large crude carrier (VLCC). In 1988–1990 her name was Fina Europe, in 1990–1993 Sanco Europe, and in 1993–1997 MT ...
The Lun-A (Lunskoye-A) platform, located off the north eastern coast of Sakhalin Island and is a concrete gravity base substructure (CGBS).. An oil platform (also called an oil rig, offshore platform, oil production platform, etc.) is a large structure with facilities to extract and process petroleum and natural gas that lie in rock formations beneath the seabed.
In 2000, Transocean acquired R&B Falcon Corporation, owner of 115 drilling rigs, in a deal valued at $17.7 billion. With the acquisition, Transocean gained control of what at the time was the world's largest offshore operation. Among R&B Falcon's assets was the Deepwater Horizon. [11] R&B Falcon had acquired Cliffs Drilling Company in 1998. [12]
A drilling rig is an integrated system that drills wells, such as oil or water wells, or holes for piling and other construction purposes, into the earth's subsurface. Drilling rigs can be massive structures housing equipment used to drill water wells, oil wells, or natural gas extraction wells, or they can be small enough to be moved manually ...
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