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How Ukraine oil rig deal: fat cats getting fatter? - openDemocracy can Save You Time, Stress, and Money.


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<img class="featurable" style="max-height:300px;max-width:400px;" itemprop="image" src="https://www.worldoils.com/searigs/Letourneau/1.jpg" alt="Geotechnical Offshore Rig for Sale - Oil &amp; Gas - Dockstr"><span style="display:none" itemprop="caption">ExxonMobil ordered to start decommissioning work on offshore Australian assets - Upstream Online</span>
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<img class="featurable" style="max-height:300px;max-width:400px;" itemprop="image" src="http://www.oilrigsnow.com/wp-content/uploads/2017/04/Oil-Rigs-Now-logo.png" alt="Hess Sale Raises $505 Million To Pay for Guyana Development"><span style="display:none" itemprop="caption">The Afterlife of Old Offshore Oil Rigs - ASME</span>
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<img class="featurable" style="max-height:300px;max-width:400px;" itemprop="image" src="http://www.sunmachinery.com/1685_1.jpg" alt="Martech Energy - Offshore Rigs"><span style="display:none" itemprop="caption">CP-300 Jackup - Drilling Rigs for Sale - Oilfield Equipment - Offshore Rigs and Vessels</span>
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<h1 style="clear:both" id="content-section-0">Getting The Sale of existing platforms: past, present, and future - Offshore To Work<br></h1>
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<p class="p__0">used as heave-motion compensators Rotaries were gimbaled to compensate for roll and pitch The derrick was placed at midship over a hole in the vessel called a"moonpool."Blowout preventers(BOPs)were run on casing to the seafloor Re-entry into the well was through a funnel above a rotating head (riserless drilling is not new Mud pits were placed in the hull with mud pumps Living quarters were added It was an amazing and incredible time, considering that everyone was beginning with a blank sheet of paper. 4 reveals the Simple SM-1 drilling barge(204 34 13 ft)constructed and owned by Humble Oil and Refining Co.(now Exxon, Mobil) in 1957. Fig. 5 shows the subsea devices used to drill the wells. Keep in mind that it has no marine riser. The Simple SM-1 drilled 65 wells for a total expense of $11. The unit averaged 8. 93 days per well and drilled an average of 324 ft/D. Regrettably, 1000 hp workover rigs sank in a storm in 1961 while on loan to another operator. At the persistence of insurance underwriters, the American Bureau of Shipping( ABS)composed and implemented, in 1968, the very first independent codes, standards, and policies concerning the design, building and construction, and examinations of MODU hulls. Charlie (bottom founded)and Western Explorer (drifting )as the first MODUs, another concept for a MODU revealed up in the<br>form of a"jackup ". This type of unit floated to area on a hull with several legs sticking out under the hull. When on location, the legs were electrically or hydraulically jacked to the ocean bottom, and then the hull was jacked up out of the water.</p>
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