Deep Sea Rig
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RT to show your support! Yet this rig, and the 30m barrels it seeks to drill, are a sure a sign that BP are committed to business as usual, fuelling a climate emergency that threatens millions of lives and the future of the living world. The net zero concept allows some burning of fossil fuels, as long as the CO 2 is captured and stored underground, or offset by tree planting or similar measures.
Dearth of Ships Delays Drilling of Offshore Oil
The Committee on Climate Change says cutting greenhouse gas emissions to zero by is necessary, affordable and desirable. Here are some of the actions needed to make that happen:. Plus, all homes and appliances being highly efficient. This is vital to take CO2 out of the air to balance unavoidable emissions from cattle and planes.
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We are committed to being part of the solution to the climate challenge facing all of us. Facebook Twitter Pinterest. Also, gaining access to countries that hold oil reserves is becoming tougher as many oil-rich governments see fewer incentives to raise production as they reap the benefits of higher prices. View all New York Times newsletters.
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As a result, explorers are scouring ever-more remote corners of the globe in their hunt for hydrocarbons. That quest has found petroleum reserves off the shores of Africa and Brazil, and opened up promising exploration regions in the South China Sea, off the shore of India, and around the coast of Australia. But those sites will remain largely off limits until the new drill-ships arrive. Most new orders for drill-ships have gone to Asian shipyards. The pipes and steel scaffolding of its drill loom over the other ships lining the construction yard, like cars in an oversize parking lot.
Sailaway for Deepsea Yantai
The shipyard and its 25, workers bustle with activity, emitting a cacophony of clanging construction sounds, the roar of motors and short musical ditties that warn of moving cranes. These sounds echo in the emerald hills behind the yard, which stretches across one side of a deep blue bay. A big challenge in deep-sea drilling is to stay over the same spot on the sea floor even as the vessel is buffeted by strong winds, currents and waves.
The vessel, ordered by Stena Offshore, a Swedish company, will have a hull strong enough to break through ice, withstand foot waves and insulate the men and machinery inside from outside temperatures as low as 40 degrees below zero. Despite the construction frenzy, constraints in the rig market could last several more years. The last such boom in orders came in the late s and early s, when exploration rose after the s oil shocks.
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In the s, low oil prices and overflowing oil supplies led oil companies to cut back on exploration drastically. Tell us what you think. Please upgrade your browser.
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From rig to reef
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