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July/August 2020 Edition of Offshore Engineer Magazine


Market Report: Global Heavy Lift Vessel Sector

Page:10

The global heavy lift vessel market is a difficult place to be. Utilization for the fleet has remained depressingly low since the first oil and gas downturn in 2014, currently hovering around 33% for the global fleet with a lift capacity of over 800 tonnes…

NOC on Effect: Jackup Rig Demand at the Mercy of National Oil Companies' Playbook

Page:14

Over the past four months we have been flooded by news of just how badly the offshore rig market has been hit during the double whammy of the Corona pandemic and oil price fallout. We witnessed what seemed like a never-ending wave of contract…

Robotics: Autobots Transform in the Offshore Energy Sector

Page:20

Robots and robotics have slowly been entering our lives, in various shapes and forms (and fictional characters), from self-driving household vacuum cleaners to highly automated manufacturing systems. Now they’re heading for the offshore world – in just as many shapes and forms…

Offshore: Digital Twinning & Reduced Operating Cost Offshore

Page:34

The oil and gas industry is currently enduring one of the most challenging periods in its history. The impact of the COVID-19 pandemic significantly accelerated an existing decline in global demand for hydrocarbons, resulting in the lowest oil prices for 30 years…


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