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In 1990 the oil drilling company proposed selling its entire fleet of offshore drilling rigs to focus solely on fishing. The company had not had a profitable quarter in more than five years. In 1990, Zapata Offshore sold 12 of its drilling rigs to Arethusa Offshore, which a few years later merged with Diamond Offshore. Still struggling with ...
Company man is a term for the loyal employee of a large corporation that was in use from the early 19th century to the late 20th century. [1] It was often used to describe an individual who had worked for the same company for their entire careers, and whose identity was thus closely tied to their employer. [ 2 ]
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.
Image credits: notshrmapproved The Instagram Page Classic HR Memes has a modest but solid following of over 48k people. Their handle is actually "Not SHRM Approved", which, for those uninitiated ...
Byford Dolphin was a semi-submersible, column-stabilised drilling rig operated by Dolphin Drilling, a subsidiary of Fred Olsen Energy.Byford Dolphin was registered in Hamilton, Bermuda, [1] and drilled seasonally for various companies in the British, Danish, and Norwegian sectors of the North Sea.
Ocean Ranger was a semi-submersible mobile offshore drilling unit that sank in Canadian waters on 15 February 1982. It was drilling an exploration well on the Grand Banks of Newfoundland, 267 kilometres (166 mi) east of St. John's, Newfoundland, for Mobil Oil of Canada, Ltd. (MOCAN) with 84 crew members on board when it sank.
Moon pool: A space beneath the drill floor of an offshore rig open to the water below. Motorman: Responsible for maintaining all equipment on the rig to ensure smooth operation and minimal downtime. Mouse hole: A hole on the drilling rig floor used to hold the next joint of pipe to be added to the drill string. Mud: Slang term for drilling ...
The Biden administration on Tuesday finalized tighter rules for complex devices meant to prevent catastrophic blowouts on offshore oil and gas drilling rigs, reversing some Trump administration ...