How to screw a pooch

May 4, 2010

Unless you have been hiding under a rock these last two weeks, you are no doubt aware of the terrible accident on the oil drilling rig Deepwater Horizon. The rig was owned by Transocean, and under contract to BP (British Petroleum) drilling a well, about 50 miles off the coast of Louisiana. On April 20th, 2010, there was an explosion around 10pm, and the rig burned violently for two days…

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Oil biz is risky, duh !

May 1, 2010

I came across this insightful article from my Offshore Engineer magazine, and thought it would be well worth sharing, in light of what is happening in the Gulf of Mexico, with Transocean’s Horizon semisub rig. You can read a short bio on Matt Simmons here, and his website is here, where he has the actual presentation, a sobering look at the oil n gas biz, written about below, available for…

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A trojan on your subsea tree

June 30, 2009

Its been slow this month on board. The economic downturn has hit the shipping industry in Canada pretty hard. Luckily for us, its quite slow but were are still operating, albeit at a much slower pace then years past, which has given me some time to catch up on my movie viewing. As a result, you’ve seen several post on The Monitor reviewing various maritime theme presentations. Well one movie…

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Siriusly interesting

February 8, 2009

I though it was a moot point to talk about the piracy situation in Somalia, since the coverage was so generally extensive in the industry and mainstream media. The Faina, a Russian roro carrying weapons, was released just a few days ago at a cost of 3.2 million as ransom. Its cargo of weapons and its dubious destinations, is sure to go on causing much human suffering, which the area…

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Qatar’s big gasser

August 10, 2008

World’s largest LNG carrier ready for its debutQatar Gas’ first Q-Max vessel is part of wider contract with Samsung HeavyMike Grinter, 8 July 2008 Lloyds List QATAR Gas’ first Q-Max liquefied natural gas vessel, Mozah, was waiting alongside at Samsung Heavy Industries shipyard in Geoje Island yesterday in anticipation of its naming on July 11. With a capacity of 266,000 cu m, an overall length of 345 m, breadth of…

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Arctic Oil Find

There’s oil under that ice… but it sounds like the boom years aren’t here yet. Devon Energy has no plans yet for Arctic oil findClaudia Cattaneo, Financial PostPublished: Wednesday, October 17, 2007 CALGARY — Devon Energy Corp. revealed yesterday it found a giant pool of oil in the Beaufort Sea two years ago when it was actually searching for natural gas. But even with oil prices pushing US$90 a barrel,…

October 18, 2007
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